User: kolcarto Topic: Demolitions
Category: Projects
Last updated: Sep 10 2018 11:40 IST RSS 2.0
 
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India's August inflation seen easing below RBI's mid-term target: Reuters poll 10.9.2018 Reuters: Money News
India's inflation likely eased below the Reserve Bank of India's medium-term target in August on softer food prices, a Reuters poll showed, raising the probability the central bank will keep interest rates on hold at its next rate ...
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July inflation eases, RBI may hold on rates 13.8.2018 Reuters: Money News
India's retail inflation rate eased in July, strengthening views that the Reserve Bank of India (RBI) will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1.
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Analysis: Eating out and salon treatments - A policy dilemma for RBI 21.6.2018 Reuters: Top News
MUMBAI (Reuters) - From living off money collected by her 4-year old daughter to spending at least 50 percent more on eating out and shopping, Indian housewife Ruth Timmy Verghese says she's had a sharp lifestyle turnaround in the last few months.
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The Rise and Rise of Indian Malls 24.5.2018 Central Chronicle
Agencies, Kolkata Rapid urbanization and digitization, increasing disposable incomes and lifestyle changes of the middle-class are leading to a major revolution in the Indian retail sector, which is pegged to grow by 60 per cent to reach US$ 1.1 trillion by 2020. The Government has clearly hit the bullseye by easing the FDI norms in […]
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India April retail inflation rate climbs for first time in four months 14.5.2018 Reuters: Money News
NEW DELHI (Reuters) - India's annual retail and wholesale inflation accelerated in April, mainly due to higher fuel and food prices, and in response some economists changed their views to expect a more hawkish central bank at its next policy meeting next ...
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Shopping malls see 69% rise in retail space leasing in 7 top cities: JLL 13.5.2018 General News
Net leasing of retail space in shopping malls increased by 69 per cent during January-March in seven major cities to 3.52 lakh sq ft as domestic and global brands looking to expand their presence, according to property consultant JLL India. Supply of space in malls, however, fell by 87 per cent during the first quarter of 2018 calendar year in the seven cities -- Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata and Pune -- to 1.6 lakh sq ft over a year-ago period. "Retail mall absorption recorded a positive trend in Q1 2018 (January-March). Total absorption across top 7 cities of India was recorded at 3,52,000 square feet (sq ft), recording a rise of 69 per cent over the same time last year," JLL said in a report. The supply side of the market recorded an addition of only 1,60,000 sq ft of fresh mall supply by adding just 2 new shopping malls in DelhiNCR, it added. According to the data, the Delhi-NCR market accounted for 84 per cent of total leasing of retail space in malls at ..
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2 Minor Girls Allegedly Gang-Raped For 2 Months In Kolkata 10.5.2018 NDTV News - Latest
Two minor girls were allegedly gangraped repeatedly in Kolkata's Gobindapur area by a security guard and his friend.
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Ahead of OnePlus 6 launch, company offers 6000 Avengers movie tickets 23.4.2018 General News
Following the announcement of its collaboration with Disney, OnePlus is giving its community in India an opportunity to watch the movie by giving out over 6000 complimentary movie tickets. The tickets to the action-packed spectacle will go live later this week, in partnership with Paytm.The movie is a first of several unique engagements planned for the OnePlus community to celebrate the association with Disney, giving OnePlus users one more reason to come together and enjoy the much awaited movie.OnePlus community members across cities such as Mumbai, New Delhi, Bangalore, Chennai, Kolkata, Chandigarh, Hyderabad, Kochi, Pune and Ahmedabad, can avail the tickets by following these easy steps:• Step 1: Visit oneplus.in and register your OnePlus IMEI number (If you have registered your IMEI previously, you can skip this step).Choose your city and click 'Get It' button & your ticket coupon code will be generated (Depending on availability)• Step 2: Once the ticket coupon code is ...
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Starbucks opens 3 outlets in Kolkata, plans more 20.3.2018 General News
Tata Starbucks Private Limited, a 50:50 joint venture between Tata Global Beverages and Starbucks Coffee of the US, would expand its presence in the metropolis from three stores now, a company official said. The premium coffee chain today made its maiden entry to the city with three stores in two shopping malls and one on a high street. "Starbucks has come to Kolkata in the sixth year of its operations in India with three stores. We intend to expand the number in future," CEO of Tata Starbucks, Sumitro Ghosh said. Ghosh said that Starbucks story of growth in India has been the fastest with a total of 113 stores across seven cities including Kolkata. "We plan to take the number to 115 by opening two more by the end of March 2018," he told reporters here today. During 2017-18, the company would add 24 stores across the country. With maximum number of stores in Mumbai at 43, thecoffee chain is present in other places like Delhi-NCR, Hyderabad, Chennai, Bengaluru and ...
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Housing sales higher than new supply in last 2 years: JLL 11.3.2018 General News
Housing sales exceeded new supply by 5 per cent during the last two years in seven major cities, property consultant JLL India said, while advising end-users and investors to buy flats as prices are stable and interest rate low. In its latest report, JLL said that housing sales stood at 2,44,830 units during 2016 and 2017 calendar years in seven major cities, while cumulative new launches of homes were 2,33,387 units. These seven cities are --- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune. "This is a good time for end users, investors and fence sitters to consider their entry into the residential market, given that prices have been stable for a sustained period," JLL India Country Head and CEO Ramesh Nair said. With lending rates from banks having significantly reduced since 2015 and are at decade low, he said the situation provides residential buyers a most opportune moment to purchase properties as well as easily service their monthly instalments EMIs. Housing .
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So how much has ED seized from Modi and Choksi? 1.3.2018 Rediff: Business
A quick computation puts the following value to the seizures.
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PNB fraud: ED attaches Choksi's properties worth Rs 1217 crore 1.3.2018 Deccan Herald - News
The Enforcement Directorate (ED) on Thursday attached 41 properties of diamantaire Nirav Modis uncle Mehul Choksi, valued at Rs 1,217.20 crore, in connection with the money laundering probe in PNB scam. The attached assets include 15 flats and 17 office premises in Mumbai, a shopping mall in Kolkata, a four-acre farmhouse in Alibaug in Maharashtra and 231 acres of land at locations like Nasik, Nagpur and Panvel in Maharashtra and Villupuram in Tamil Nadu. A 170-acre Hyderabad Gems SEZ in Ranga Reddy district, near Hyderabad, valued at over Rs 500 crore has also been attached. Four flats in Borivali (east) area of the Maharashtra capital and nine others in Khemu Towers in Santacruz (east) have been attached as part of the action. Earlier on February 24, the ED had attached 21 properties, including a penthouse and a solar power plant, belonging to Nirav worth around Rs 523.72 crore. With this, the ED has seized assets worth at least Rs 7,610.20 crore in connection with the case registered after Punjab ...
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ED attaches Mehul Choksi's assets of Rs. 1217 cr 1.3.2018 General News
The Enforcement Directorate (ED) on Thursday attached 41 properties worth Rs 1217.20 crore of PNB scamster and owner of Gitanjali Gems Mehul Choksi.The attached properties include 15 flats, 17 office premises in Mumbai and M/s Hyderabad Gems SEZ in Andhra Pradesh.It also includes a shopping mall in Kolkata, farm house in Alibaug and 231 acres land in Maharashtra and Tamil Nadu.Earlier, Central Bureau of Investigation (CBI) had said that the Punjab National Bank (PNB) reported scam of Rs. 1251 crore by Gitanjali Gems.In a statement, the CBI had said, "The PNB has informed us that further scam of Rs 1,251 crore has been detected in respect to Gitanjali Gems. The CBI is now probing Rs. 12,636 crore in the PNB scam, up from Rs 11,421 crore."Celebrity jeweller Nirav Modi and his uncle Mehul choksi are being investigated by the Enforcement Directorate and other investigative agencies ever since the PNB scam came to light.
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PNB fraud: ED attaches Mehul Choksi's 15 flats and 17 offices in Mumbai, other properties worth Rs 1,200 cr 1.3.2018 Latest News India on Firstpost
The I-T Department had earlier attached four more properties of the Nirav Modi group which included his farm house in Alibaug worth Rs 13 crore.
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PNB fraud: ED attaches Rs 12-bn assets of Mehul Choksi; 10 developments 1.3.2018 Top Stories
The development comes a day after a Blue Corner notice was issued against the Gitanjali promoter and Nirav Modi
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PNB case: ED attaches Choksi's properties worth Rs 1200 crore 1.3.2018 Sify Finance
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PNB case: ED attaches Choksi's properties worth Rs 1,200 cr 1.3.2018 All News-IANS Stories
The Enforcement Directorate on Thursday attached 41 properties of Mehul Choksi of the Gitanjali Group, worth Rs 1,217 crore, in connection with an ongoing probe into the Rs 12,600 crore Punjab National Bank fraud case.
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Another Aadhaar scam busted, 3 arrested 19.2.2018 The Assam Tribune
Another Aadhaar scam busted, 3 arrested
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ED conducts searches at Gitanjali Gems stores in city malls 18.2.2018 General News
The Enforcement Directorate (ED) today conducted search operations at Gitanjali Gems stores located in shopping malls here and at Rajarhat, in connection with the Rs 11,400-crore Punjab National Bank fraud. The name of Mehul Choksi, the owner of the stores, features in the multi-crore rupees fraud. A senior ED official told PTI that its officers conducted searches at five malls which house Gitanjali Gems stores, including in Salt Lake and Rajarhat. PNB has detected the scam in which billionaire diamond merchant Nirav Modi allegedly acquired fraudulent letters of undertaking (LoUs) from a branch in Mumbai to secure overseas credit from other Indian lenders. Choksi is said to be Modi's uncle. The ED had yesterday visited a now-closed Camac Street store of Gitanjali Gems, and another one at Durgapur, which is run on franchisee basis.
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Retail space demand in malls may rise 81% this yr: JLL 15.2.2018 General News
The net demand for retail space in shopping malls is expected to rise 81 per cent this year, driven by strong economic trends and higher purchasing power of young population, a JLL India report said. According to the property consultant's latest estimates, supply may increase 39 per cent during calendar year 2018 in seven major cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Pune and Hyderabad. The net leasing of retail space in malls is estimated to rise at 5.8 million sq ft in seven cities during 2018 from 3.2 million sq ft last year, the report said. Supply of retail space is likely to increase to 7.8 million sq ft in 2018 from 5.6 million sq ft last year, it added. "The retail sector of India is going through a fresh period of growth which is backed by strong economic fundamentals," JLL India CEO and Country Head Ramesh Nair said. There has been an increase in interest from investors which was seen with investments of over USD 750 million in 2017, he added. "Encouraged ..
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