Covid woes dent health tourism in South India; hospital revenues take a hit
The impact of international business on his hospital this year would be Rs. 10-15 crore. The recovery, he added, hinges on the government easing international travel curbs. Once borders open, surge in patient arrivals probably would compensate for the tough times
Amazon India scraps single-use plastic in packaging across centers
The Indian unit of Amazon.com Inc has eliminated all single-use plastic in...
India office property market shows resilience, Q3 absorption up 64% on-quarter
“While we continue to see the impact of the pandemic on variou...
Demand spikes for larger houses in Bengaluru
Queries at property builders in Bangalore showed that space and size have pushed utility down the priority rung. Builders and brokers have noticed a spike in queries for ready-to-move larger homes priced between Rs 80 lakhs and Rs 1 crore after the Covid-19 outbreak.
Housing supply down nearly 60 per cent in Jan-Sep across top 7 cities: Report
Fresh housing supply in January-September 2020 across seven major cities declined to 75,150 units from 1,84,700 units in the same period previous year. This is in line with sales that plunged 57 per cent to 87,460 units, the data showed.
Karnataka govt okays Rs 4,636 cr upgradation of 150 ITIs in tie- up with Tata Technologies
According to the sources, Tata Technologies Limited will invest Rs 4,080 crore on 150 ITIs, which is about Rs 27.20 crore on each institute, along with five years of free annual maintenance contract (AMC), making 300 trainers in two years and providing free online platform.
Covid mortality in 6 districts causes concern: State authorities believe late reporting by families key reason behind high number of deaths in these district
The trend has raised concerns as authorities believe late reporting by the families of the affected could be a reason behind these districts reporting high death rates. The death rate per million population in these districts is between 2.9 and 8.8, compared with the state average of 2.2.
Infosys evacuates building in Bengaluru after employee comes in contact with suspected COVID-19 patient
The development comes after the Karnataka government advised IT and other professionals working in air-conditioned places to work from home for time being, for about a week, to prevent the spread of the virus.
Consolidation in real estate may speed up amid Covid-19
In Delhi-NCR, M3M India plans to partner with multiple developers to develop a 185-acre land parcel on the Dwarka Expressway through multiple joint development agreements.
Karnataka to double capacity to 2 lakh beds: Yediyurappa
The state currently has about 2,800 active cases of Covid-19 infections. On Wednesday, Bengaluru Urban reported 55 new cases, a steep increase from earlier numbers, while Kalaburagi and Yadgir, two other districts with the maximum number of infections, added 19 and 37 cases, respectively.
Mahendra Jain quits EY member firm after 27 years
The 48-year old chartered and cost accountant said he was quitting his job to pursue his passion in wildlife photography. He was also CEO of EY’s global delivery services in India for four years. His work on wildlife photography has been featured in national and international magazines and websites.
Bengaluru hotels join together to launch sponsored meal programme from October 2
The programme aims to provide food to the needy with dignity, the organisers have said. “These restaurants will act as a bridge between the unknown donor and the needy and will help in the fight against hunger,” Fazal Mahmood, the district Governor Elect of Rotary said.
Co-working space operators are expanding after a brief lull
According to a report by property consultant JLL, irrespective of several short-term disruptions and challenges, increased demand from large enterprises will support the growth of the flexible spaces market to more than 50 million sq ft by 2023.
COVID-19: 65% people suffer loss of income, 55% may seek loan recast, says survey
The consumer survey report 'Dealing with Debt: How India plans to pay EMIs' by paisabazaar.com was undertaken to gauge the impact of coronavirus pandemic on the Indian borrowers' income and loan repayment capacity. It surveyed 8,616 customers with debt outstanding of over Rs 1 lakh in the age group of 24-57 years, covering 37 cities.
Bengaluru-Seattle direct flight to commence in October
The daily service between the airport and Seattle's Tacoma Airport is expected to meet corporate customers' demand for travel to Seattle and adjoining areas in the US.