Consolidation is happening because of a prolonged slowdown in residential sales which has also brought down the business of brokerages. People who have worked with Anuj Puri say he is a workaholic and used to live out of a suitcase when he was the chairman and country head of JLL in India. He quit suddenly, leaving many surprised. But, barely three months later, Puri is now back once again. The US-based real estate brokerage firm said it was selling its residential brokerage business JLL ... Rediff.com, 21 hours ago
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The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property. Illustration: Uttam Ghosh/Rediff.com. In February 2017, ICICI Prudential Life Insurance bought an entire floor of 60,000 square feet (chargeable area), leased to Tata Communications, in the Crescenzo building at the Bandra Kurla Complex, considered Mumbai’s micro-market, for Rs 147 crore. Tata Communications pays a rent of Rs 177 per square foot per month (on ...Rediff.com, 1 month ago
Pihani, Uttar Pradesh: For 16 years, Kailash Rai (not his real name), 49, has been commuting six hours every working day between his home in the state capital Lucknow and the government degree college where he teaches in Pihani, 135 km to the northwest. A ...Sify, 2 months ago
Posted by Equitymaster Share markets in India finished on a strong footing on positive global cues, strengthening of rupee, healthy corporate earnings and FII inflows into the market. At the closing bell, the BSE Sensex closed higher by 190 points, whereas ...Equitymaster.com, 1 day ago Sensex Finishes on a Flat Note; Cigarette Stocks Rally Equitymaster.com, 1 month ago Global Markets Close the Week on a Mixed Note Equitymaster.com, 1 month ago
Tesla Inc chief executive Elon Musk took many risks with the technology in his company’s cars on the way to surpassing Ford Motor’s market value. Now Musk is pushing boundaries in the factory that makes them. Most automakers test a new model’s ...The Financial Chronicle, 3 days ago Tesla's big Model 3 bet rides on risky assembly line strategy Sify, 3 days ago
"What the industry wants is not taught in the classroom, and what is taught in the classroom is not what the industry wants." Sarvesh Agrawal hopes to change that with Internshala. The entrepreneur tells Rediff.com's Shobha Warrier about how he built a start-up "of the interns, by the interns and for the interns." IMAGE: Sarvesh Agrawal started Internshala as a blog in December 2010. Today, it is a web site that generates 3 crore a year. The general complaint the Indian ...Rediff.com, 4 weeks ago
(Adds futures, company news items) Feb 23 (Reuters) - Britain's FTSE 100 index is seen opening 4 pointshigher, or up 0.05 percent on Thursday, according to Financial spreadbetters,with futures up 0.08 percent ahead of the cash market open. * The blue-chip ...Sify, 2 months ago UPDATE 2-UK Stocks-Factors to watch on Feb. 23 Sify, 2 months ago
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