User: meerak Topic: all-bengaluru
Category: Bengaluru business
Last updated: Jan 16 2017 14:51 IST RSS 2.0
 
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Demonetization effect: Realty hit hard, developers wait for buyers with 'white money' 15.1.2017 DNA: India
Property market, long considered a black money safe haven, seems to have taken a big hit from demonetization, with developers seeing their sales drop by about 50% in the last three months and now pinning their hopes on buyers coming to market with 'white money'. The genuine buyers in the residential market, on the other hand, appear to be holding back their purchase plans on hopes that the interest rates would fall further and the property prices would plunge post demonetization, which some see as a 'cleansing' of a sector infested with illicit funds. As per the industry data, the secondary or resale market, where maximum black money typically gets parked, has been worst-affected as transactions almost dried up, barring some interest in marque properties, due to paucity of cash after scrapping of old Rs 500 and Rs 1,000 notes. The registration of properties also saw a decline. In the process, developers are estimated to have incurred a revenue loss of Rs 22,600 crore because of the cash ban while state ...
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OYO to expand Asia outreach; introduces concierge service 'OYO Captains' 15.1.2017 DNA: Urban Tales
Online budget network of hotels OYO is planning to expand its footprints in South Asia and South East Asia, besides strengthening its service by introducing a concierge service called OYO Captains. "Our focus is expanding in the domestic market as we still feel there is a huge opportunity here in the country. We are continuously trying to bring in new products and services to our customers for a better travel experience. However, we are also looking at increasing our footprint in a couple of overseas markets in South Asia and South East Asia," OYO Founder and CEO Ritesh Agarwal told PTI in New Delhi. However, he did not reveal destinations saying nothing has been finalised yet. In India, he said, OYO is looking to strengthen its footprint in top leisure and pilgrimage destinations like Goa, the North-East (Shillong and Gangtok), Tirupati, Varanasi, Shirdi, Nasik, Jaipur, Vishakhapatnam and Mahabalipuram. "For future growth, we continue to build on success in the top six travel markets - Delhi NCR, ...
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Why Uber is bullish on carpooling, ride-sharing for Indian roads (Tech Trend) 15.1.2017 All News-IANS Stories
Getting "more people into fewer cars" has the potential to cut congestion and, therefore, pollution in urban cities. In India, carpooling and ride-sharing can actually improve urban mobility and global online cab-hailing app Uber has hit the ground running on this count.
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Nobel Banquet adviser curates menu for Bengaluru 15.1.2017 TOI: Bangalore Times
The city just had a culinary date with a menu curated by one of the leading gastronomical advisers to the prestigious Nobel Banquet.
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AirAsia announces one-way tickets at as low as Rs 99 on select routes 15.1.2017 All Companies Stories
Special fares can be booked between Jan 16 to Jan 22 for travelling from May 1 to Feb 6, 2018
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Woman held for killing two-year-old boy 14.1.2017 deccanherald.com
A 42-year-old woman was arrested by Ashok Nagar police for causing the death of a two-year-old boy. The arrested is Kasturi Bai alias Gita, a resident of Neelasandra. The incident occurred on January 9 at Bai's house in MG Gardens, Neelasandra, where a screen printing business is run. According to the police, Arumugam and Sharada are construction labourers who had three sons. One of the sons, who worked as a screen printer in Bai's house, had brought along his two-year-old brother Vijay as there was nobody at home to take care of him. As Vijay was crying inconsolably, his brother told Bai that he would bring milk from his house nearby. As soon as he left, Bai started bashing and kicking Vijay as he was crying loudly. The boy fell unconscious. When Vijay's brother returned, Bai told him that Vijay had fallen asleep and asked him to take the boy home. When Vijay's parents returned home, they discovered that he would not wake up. They rushed him to St Philomena's Hospital where he was declared brought ...
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Averting another water crisis 14.1.2017 deccanherald.com
Another year and another summer water crisis looms large over Bengaluru. But as this vicious cycle repeats itself predictably, a grim reality remains a constant: A staggering 46% of the 1,380 MLD of Cauvery water pumped into the city is not accounted for. Water theft through unauthorised connections, that's the standard response from the Bangalore Water Supply and Sewerage Board (BWSSB). But a bigger problem remains unaddressed: Distribution leakages due to old, worn out pipelines that were laid decades ago. The Board says it can tide over the summer shortage through water-rationing. Its confidence stems from the Irrigation department's assurance that adequate supply from the reservoirs can be maintained till May. But if the rains don't arrive in June, a crisis could unfold. The city's current water requirement is 1.58 tmcft every month. "Based on the inflow to the Krishnarajasagar and Kabini reservoirs, about 4 tmcftft should be available till May. We will be short of 2-3 tmcft," informs BWSSB's ...
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Averting another water crisis 14.1.2017 deccanherald.com
Another year and another summer water crisis looms large over Bengaluru. But as this vicious cycle repeats itself predictably, a grim reality remains a constant: A staggering 46% of the 1,380 MLD of Cauvery water pumped into the city is not accounted for. Water theft through unauthorised connections, that's the standard response from the Bangalore Water Supply and Sewerage Board (BWSSB). But a bigger problem remains unaddressed: Distribution leakages due to old, worn out pipelines that were laid decades ago. The Board says it can tide over the summer shortage through water-rationing. Its confidence stems from the Irrigation department's assurance that adequate supply from the reservoirs can be maintained till May. But if the rains don't arrive in June, a crisis could unfold. The city's current water requirement is 1.58 tmcft every month. "Based on the inflow to the Krishnarajasagar and Kabini reservoirs, about 4 tmcftft should be available till May. We will be short of 2-3 tmcft," informs BWSSB's ...
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American furniture brand Ashley eyes 100 stores in India 14.1.2017 All Companies Stories
Ashley Furniture Industries is one of the largest manufacturers of furniture in the world
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East Bengal register first win, Bengaluru take top spot in I-League 14.1.2017 All News-IANS Stories
East Bengal registered their first victory of the I-League football season as they beat DSK Shivajians 2-1 in a second round game in Pune, while defending champions Bengaluru FC thumped Chennai City FC 2-0 in Bengaluru to go top of the table on Saturday.
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Travel with AirAsia for Rs 99 14.1.2017 All Companies Stories
Special fares can be booked between Jan 16 to Jan 22 for travelling from May 1 to Feb 6, 2018
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Technical snag cripples flight operations at Lucknow airport 14.1.2017 All News-IANS Stories
Air traffic was hit at the Chowdhary Charan Singh International Airport here on Saturday after a radar facilitating take off and landing of aircrafts developed a technical snag, officials said.
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AirAsia India offers low fares one way 14.1.2017 All News-IANS Stories
Budget carrier AirAsia India on Saturday announced special low fares one way to select destinations across its network in the country.
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India seek fresh start under Kohli in first ODI vs England (Preview) 14.1.2017 All News-IANS Stories
A confident India under new skipper Virat Kohli will aim to start the new year with a series win in the limited-overs format, when the men-in-blue take the field against a rejuvenated England side in the first of the three-match One-day International (ODI) series here on Sunday.
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eGov wins 'Order Of Merit' at Business World Smart City Conclave 14.1.2017 New Kerala: Business India
eGov wins 'Order Of Merit' at Business World Smart City Conclave
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Gotcha! David Guetta to rock in Hyderabad after Bengaluru fiasco 14.1.2017 TOI: Hyderabad Times
Hyderabad seems to have stolen a march on Bengaluru (no surprises, it keeps happening!) as the city is all set to roll out the red carpet for the Grammy-winning musician David Guetta after police refused permission for his concert on Thursday.
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David Guetta's Mumbai concert rescheduled to Jan 15 14.1.2017 Latest News
Guetta's Bengaluru concert was cancelled with organisers and authorities citing conflicting reasons
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Budding fashion designer from Itanagar gaining global appreciation 14.1.2017 New Kerala: India News
Budding fashion designer from Itanagar gaining global appreciation
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David Guetta to perform in Mumbai, Delhi on Sunday 14.1.2017 All News-IANS Stories
After the cancellation of the French DJ David Guetta's much awaited show as part of the iconic electronic dance music festival Sunburn Arena, the organisers have rescheduled the show for Sunday from 11:00 am to 4:00 pm at the Reliance Jio Garden at BKC.
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Budget should put more money into the common man’s hands: panel 13.1.2017 HBL: Home
The Budget should restore investment mood by putting more money into the hands of the common man to drive consumption, ease tax burden and compensate the impact of demonetisation that caused a liquidi...
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