What is behind the stellar success of this IRCTC IPO? Purchase what you know,” is a mantra Peter Lynch is well known for, even though the famous investor and mutual fund supervisor has explained that the aforementioned simplistic excerpt misrepresents his doctrine for stock-picking. From the looks of it, the broad advice is held dearly… Read More »
WeWork India to begin 3 co-working centres in Noida. WeWork India, owned by realty company Embassy Group, is foraying into Noida market, also has taken on rent over 3 lakh sq feet office room to open three coworking centers containing nearly 3,900 seats. WeWork India now has 26 operational coworking centres with 46,000 seating capacity.… Read More »
Told cook to make food with onions – Hasina informs Piyush Goyal in a dig at export ban. New Delhi: Bangladesh Prime Minister Sheikh Hasina had a couple of punches booked for Commerce and Industry Minister Piyush Goyal Friday because she taunted him banning export of onion”unexpectedly with no previous notice”. Hasina, who is about… Read More »
The way the Maradu demolition drive is affecting the real estate sector in Kerala. The demolition of apartment complexes at Kochi’s Maradu municipality that have broken Coastal Regulation Zone (CRZ Act) standards, is set to begin on October 11. The raging issue that has maybe no parallel in the background of the whole nation, has… Read More »
Personal players to Run Trains, Railways Working on’Revolutionary’ Idea: Reports New Delhi: In what is surely a revolutionary concept, the Indian Railways is operating on a proposal to encourage personal players to run its trains. According to reports, the idea has attracted the eye of private carriers such as Indigo and SpiceJet and travel portal… Read More »
More tech startups plan to go public in the following couple of decades. Bengaluru: At least half-a-dozen tech startups, such as unicorns such as Freshworks, Ola and Oyo, are taking a look at going public within the next couple of years, based on four people conscious of the growth. The development comes amid a number… Read More »
Maybe not aggression but self defence’: Rajnath after India gets first Rafale. India’s purchase of 36 is not a sign of aggression from anybody, but is part of the country’s self defence plan, Defence Minister Rajnath Singh said on Tuesday. ‘From February 2021, we’ll get delivery of 18 Rafale aircraft and by April-May 2022, we… Read More »
Industrial realty developers may raise Rs 1.5 lakh crore through REITS, ” says Crisil. With investor interest in the residential segment decreasing because of limited land price appreciation and inability to monetise resources, property investment trusts (REITs) can provide a better investment option. Rating agency Crisil, in its analysis on India’s REIT Opportunity, stated on… Read More »
Face-recognition cams at city railway station. Following a successful pilot programme, railroad police intend to install 150 facial-recognition cameras at the Bangalore City railway station to recognize prospective offenders. The pilot project, which ran for four weeks from May into September 2019, and involved nine distinct cameras from nine distinct manufacturers to judge their efficacy,… Read More »
EU’s Finance Commissioner pledges shared regulations for crypto-assets like Libra. On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, vowed he would propose new guidelines to govern virtual currencies like Libra, following his reappointment. That is an interesting statement to make in the five years he’s served so far, Dombrovskis hasn’t taken any actions to regulate… Read More »