All India News | Stay Informed, Stay Ahead
With almost everything in India's realty business looking gloomy, there is one sector that remains almost unaffected by the ups downs of the economy, it's ultra luxury segment. This sector could be a small pie that lies at the top of the residential pyramid but it exists and is ever growing. Here is a low down on what keeps this sector ticking.
Embarrassed Maharashtra government nixes its own development plan for Mumbai, a plan that talked of higher FSI to ensure maximum housing in the maximum city. Devendra Fadnavis is now promising a new plan in four months but till then we could see Mumbaiâ€™s property market going into a freeze. Alexander Mathew of Prime Property has more details.
The Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan informed the Rajya Sabha in a written reply today that Petroleum and Natural Gas Regulatory Board (PNGRB) has submitted its recommendations to Ministry of Petroleum & Natural Gas (MoP&NG) on 20.01.2015
James Hogan, Etihad Airways’ President and Chief Executive Officer, said: “We made a pledge to support the growth of tourism, aviation, and commerce in India by working alongside Jet Airways to bring business and leisure travellers into cities across India, and we are fulfilling that pledge.
P. Krishnakumar, Executive Director & General Manager – Consumer & Small Businesses, Dell India remarked, “Giving consumers the “Power to do More” and enabling them to leverage the potential of technology in their everyday lives, is at the core of the consistent innovation which takes place at Dell.
“Today education is not confined to a set of books and conventional teaching methods; it has reached to a different paradigm wherein modern techniques are introduced. Experiential and integrated learning programme is an essential part of modern education system, and we have inculcated the same very fiercely in our curriculum.”
Amar Ambani, Head of Research at IIFL, said, "February has been a month of consolidation. Despite range bound movement, Nifty has seen high rolls (~63%, 1.6cr shares been rolled). However, the BankNifty rolls till Wednesday are below average suggesting rolls in the banking stock could be weaker than the previous expiry."
The UK based mobile phone brand unveiled three models in the category of smartphones viz. Qik+, Qik and Snap in its first press meet held recently in collaboration with the Indian e-commerce giant. Each of the phones is a perfect amalgamation of smart features and modern technology.
It is time for India to transition from outsourcing hub to innovation hub. Measures should be taken in the Budget to help India take leverage from its global competency in IT so that it can pay way from retention, consumption and export of its IP led services and products.