The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project

The gross budgetary support (GBS) sought by the railway ministry is about 7 per cent higher than GBS of Rs 70,250 crore allocated for the financial year 2020-21 in last year's budget by Finance Minister Nirmala Sitharaman

As per the data, Sobha sold 11,33,574 sq ft area in the third quarter of 2020-21 as against 8,91,700 sq ft in the year-ago period

The proceeds will be utilised for debt reduction, and the company's dues will come down by 6 per cent to Rs 13,100 crore from Rs 14,000 crore

According to Icra's vice president and head (financial sector ratings) Manushree Saggar, the tepidness in infrastructure credit in first half of 2020-21 was primarily due to the sequential degrowth (10 per cent) in banking sector credit to the infrastructure segment

How the budget pans out for the real estate sector, only time will tell, but one thing is for sure, strong fundamentals are vital for the revival of housing demand

The central government issued dated securities worth Rs 3,46,000 crore in the first quarter as against Rs 2,21,000 crore in the same period a year ago

The Dow Jones Industrial Average rose 101.42 points, or 0.33%, at the open to 30,436.87. The S&P 500 opened higher by 14.15 points, or 0.38%, at 3,741.20

After largely keeping its purse strings in check as the coronavirus pandemic choked businesses and threw millions out of jobs, PM Modi's government is keen to bring the economy back onto a solid growth path with the budget to be presented on Feb. 1

Total original cost of implementation of the 1,671 projects was Rs 21,21,383.82 crore and their anticipated completion cost is likely to be Rs 25,55,957.52 crore, which reflects overall cost overruns of Rs 4,34,573.70 crore

Rajasthan Chief Minister Ashok Gehlot presided over the virtual function. Union ministers Gajendra Singh Shekhawat, V K Singh, Arjun Ram Meghwal and Kailash Choudhary and former Union Minister Rajyavardhan Rathore also attended the event

They will, however, be required to furnish self-certification with details like the period of travel and the vehicle number etc. to claim the reimbursement

The winner of the Kerala state lottery will take home the prize of Rs 70 lakh. The person who comes second will win a prize of Rs 5 lakh and the third prize winner will get Rs 1 lakh

The DFC said it will invest USD 54 million in equity for the National Investment and Infrastructure Fund (NIIF) in India to support the development of critical infrastructure projects

Financial Services Secretary Debasish Panda said the work is in progress and the DFI should become a reality soon, may be by the end of the current financial year or early next year

Fresh capital has been gathered to create a war chest of liquidity, fund growth, expansion plans and refinance high-cost debt, while a large amount raised from IPOs went to the shareholders and promoters

Union Road Transport Minister Nitin Gadkari said over 900 km NH length has been added in Karnataka during last six years, and it now stands at 7,652 km

Gadkari, who also holds the MSME portfolio, said as per Prime Minister Narendra Modi's vision focus was being laid on developing a world-class infrastructure under the NIP, which is first-of-its-kind exercise to bolster development

The CNIL said in a statement that the French websites of both companies did not request prior consent from internet users about trackers, or cookies, that were automatically saved on computers for advertising purposes

While the government has not extended the deadline for EoIs (Expressions of Interest) for the national carrier, the interested entities are required to submit the physical bids within 15 days from December 14