The cement industry is witnessing a continuous drop in prices.
Analysts who had estimated good first-quarter results due to increase in cement prices post budget are now concerned about the lacklustre performance of the sector. The …

Larsen and Toubro Ltd (L&T) is planning to scrap its proposed 25-acre information technology (IT) SEZ in Mumbai owing to the global economic slowdown and uncertainty over tax laws governing special economic zones (SEZs).
The commerce …

The US-based hospitality major Hilton International Co is thinking of bringing more of its global brands, including luxury chains Waldorf Astoria and Conrad, to the country.
The company is willing to expand its base in …

Analysis of the growth in real estate sector in last few years was performed. It revealed some very interesting statistics of the growth. The facts go like this:
In 2007, the office sector experienced highest demand. …

Hyderabad:
Income earned from a house is taxable under the Income Tax Act. In order to qualify for tax, the assessee must be the owner of the property. Further, the property should consist of buildings or …

Kolkata:
The ambitious Rs. 6,000-crore Barrackpore to Joka light rail transit (LRT) project, which chief minister Buddhadeb Bhattacharjee launched before last year’s Lok Sabha polls, has been put on the backburner. The project is supposed to …

Chennai:
Concerned over the delay in getting clearance from the Centre for its IT SEZ in Chennai, India’s largest listed developer DLF has decided to pull out of the project, communicating the same to Tamil Nadu …

Planning to sell your old house to buy a new one? Undoubtedly, residential properties sell like hot bread in metros like Delhi, Mumbai or Chennai, or even in tier II towns like Pune, Coimbatore or …

Ahmedabad:
The New Sachivalaya in Gandhinagar will get better roads, lighting, fountains and an artificial waterfall under a Rs. 15-crore project. However, about 200 trees in the campus, some 100 years old, will be cut to …

Ahmedabad:
Come 2012, and the city might be on the threshold of a realty boom, especially in the housing sector. People living in Ahmedabad Municipal Corporation’s limit will see the mushrooming of no less than 12,000 …