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Here's what's making investors regain faith in abandoned houses

Positive interest follows govt’s Rs 25,000 crore boost for stressed housing projects.
The Economic Times

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GROUP SETTINGS

Boby Chemmanur group to invest Rs 250 crore in helicopter taxi service

The group will acquire ten helicopters on wet lease in phases to ferry people to tourist destinations.

Oil & gas set for a re-rating: UBS

The brokerage said RIL, BPCL, ONGC, and GAIL are its most favoured stocks.

NBFCs set to face asset quality woes

However, a majority in the once buzzing NBFC sector will continue to reel under liquidity concerns with ...

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  • The World Economic Forum Annual Meeting 2020, taking place on January 20-24, will focus on establishing stakeholder capitalism as a way of addressing the world's greatest challenges, from societal divisions created by income inequality and political polarization to the climate crisis we face today, the Geneva-based International organisation for public-private partnership has said.

    Reliance is expected to have earned 20 per cent more in the quarter ended December 31.

    The group has elevated Anusha Shetty, currently CEO of AutumnGrey, to the position of chairperson and group CEO.

    HUL's valuation zoomed by Rs 22,827.94 crore to Rs 4,45,778.10 crore, topping the gainers' chart.

    The group, which is developing projects in Noida, Greater Noida West, Ghaziabad and Yamuna Expressway, has a debt of Rs 2,000 crore of which Rs 700 crore is Lease Rental Discounting (LRD), while Rs 1,300 crore is from NBFCs and banks. In March 2019, it had raised Rs 500 crore from Kotak Mahindra Bank.

    In view of the continuing heavy rush, more personnel of police, NDRF and Rapid Response Force have been deployed in and around the shrine for crowd management and to ensure the safety of devotees, the Travancore Devaswom Board (TDB), which manages the hill temple.

    The four death row convicts -- Vinay Sharma, Akshay Kumar Singh, Mukesh Kumar Singh and Pawan Gupta -- were scheduled to be hanged on January 22. However, the Delhi government told the High Court on Wednesday their execution has to be postponed in view of the pendency of a mercy petition by one of them.

    Analysts tracking the IT major expect profit growth in the range of -2 per cent to 2 per cent.

    "To meet the current challenges in the northern borders, we are organising ourselves in the form of integrated battle groups," Lt Gen Chauhan, General Officer Commanding-in-Chief, Eastern Command said. "What we are looking at is the organisation of formations which are more deployable, more employable and more capable to perform the tasks," he said.

    In a letter to Union Minister of State for Power, New & Renewable Energy, RK Singh, the Chief Minister has sought his personal attention towards framing of scheme/ guidelines for promoting biomass power projects by providing one-time viability gap funding in a phased manner, and for a pilot Biomass Solar Hybrid Power Project by MNRE.

    More than 100 of Wipro's global customers have benefited by deploying solutions from these portfolio companies. Companies within the portfolio have seen successful exits, including Demisto, a cybersecurity company that was acquired by Palo Alto Networks.

    India has earmarked over Rs 10,000 crore for the human space flight mission, which has been in the works for nearly two decades. It moved to mission mode with tight deadlines after PM Narendra Modi turned the spotlight on the programme in his Independence Day address to the nation in 2018.

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