NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said four real estate companies from three cities, Mumbai, Bengaluru and Hyderabad, have approached to avail Rs 25,000 crore bailout fund. More companies are likely to approach the nodal agency for taking benefit of this window from next week, she said. Earlier this month, the government approved a Rs 25,000 crore fund to help complete over Read More

New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More

WeWork’s unsuccessful IPO attempt has generated a lot of media attention over the last two months. In Forbes, we ran a comparison of the disclosed related party transactions versus recent high profile IPOs. Our head of research was interviewed extensively at IPO Edge regarding the governance, valuation and business model considerations surrounding the offering. The same outlet also wrote about the disappearing references to cash Read More

Scientists have long known a fairly reliable way to extend life span in rodents and other lab animals: reduce the amount of calories they eat by 10 per cent to 40 per cent. This strategy, known as caloric restriction, has been shown to increase the life span of various organisms and reduce their rate of cancer and other age-related ailments. Read More

Would you like to make a lot of money with a YouTube channel? A lot of people would, and many are trying. Motivation comes from the YouTube success stories, and one of those stories is Graham Stephan, a real estate agent who made well over $100,000 in just one recent month from his YouTube channel. If you want to make Read More

NEW DELHI: Indian real estate industry, which is reeling under the pressure of liquidity crisis and slump in home buyer’s confidence, is expecting the union budget 2019, to be presented on 5th July, to give much required impetus to the slow-moving sector. Few of the major expectations of the industry are: No cap for loss from house property: The limit set-off for Read More

Noida Police arrested seven people on Saturday for a multi-lakh robbery at the office of Mahagun real estate group (Representational Image) Noida Police arrested seven people on Saturday for a multi-lakh robbery at the office of Mahagun real estate group. The incident took place last week on Saturday night, when the accused entered the premises, took the guards hostage and Read More

Flats in the affordable segment offer better rental yields as compared to mid-level or luxury segment. Representative image New Delhi: Real estate, which was one of the most preferred asset class of Indians so far as long term investment is concerned, has delivered a negative return in most of the Indian cities in past few years due to multiple reasons Read More

Bengaluru: The real estate sector, which has been struggling with weak demand and stagnant prices for years, has received another blow with the liquidity crisis at non-banking financial companies (NBFCs), one of their last funding sources. Many NBFCs have lost significant market value on growing concerns around asset-liability mismatches and tightening liquidity in the short-term money market, after a series of Read More

Gurugram-headquartered healthy food supplier NutriTap has raised $282K (INR 2 Cr) in a seed funding round, founder and CEO Rajesh Kumar told Inc42. The funding round was led by angel investor Apoorva Patni, Sameer Khetarpal (director Category, Amazon) and senior members of McKinsey & Co, Google etc. Founded in 2017 by Kumar and Medha Mishra, NutriTap offers nutritious food products and Read More