Investment

The unrelenting demand for more retail space in the Mumbai Metropolitan Region (MMR) has prompted mall developers to boost their development pipeline, writes Anuj Kejriwal, MD & CEO – ANAROCK Retail.

The construction work on the Rs.500 crore Passenger Terminal Complex at Dera Baba Nanak, Punjab for Kartarpur Sahib Corridor is going in full swing, said the Home Affairs Ministry on 14 July 2019.

Shriram Transport Finance Co Ltd's (STFC) re-tap of its U.S. dollar-denominated senior secured notes due 2022 will help diversify its borrowing profile, said S&P Global Ratings on 12 July 2019.

The Government is implementing various schemes/programmes and has taken several policy initiatives to promote textiles industry and become globally competitive.

The process of granting environmental clearances will become even faster as the government intends to reduce the average number of days for clearance from 108 to 70-80 days, said Prakash Javadekar, Minister for Environment.

The Centre (Government) has invited comments from all the stakeholders and states on The Model Tenancy Act, 2019, which will be taken to the Cabinet as soon as possible.

Distorted property rights for lack of a sound rental policy, weak rental contract implementation and low rental yields prompt property vacancies.

Houston-based Virtual Integrated Analytics Solutions, Inc. (VIAS), a Value Solutions Platinum Partner of Dassault Systèmes, has expanded to India as an authorized Reseller of Dassault Systèmes software solutions portfolio.

The government is examining the issue of foreign portfolio investors (FPIs) coming under the purview of increased surcharge on high-income earners, CBDT (Central Board of Direct Taxes) chairman, P.C. Mody has assured investors.

India needs to expand its capability in building world class warships to merchant vessels, said Vice Admiral A.K. Saxena, Controller of Warship Production and Acquisition, Indian Navy.