From Buddhist Circuit to the Puri-Konark Heritage Corridor, from adventure sports to authentic local life experience, the state of Odisha has a lot to offer. Deputy CM and Tourism Minister of Odisha Pravati Parida agrees on the same when she recently emphasized on the state’s “limitless potential of tourism” in an interview. The Deputy CM
Mahindra Lifespace Developers on Friday said its subsidiary Anthurium Developers, has entered into a joint development agreement with warehousing and logistics solutions player GKW for developing a nearly 37-acre land parcel located in Kanjur, Bhandup West, Mumbai. This land parcel has a development potential of about nearly approximately 3.6 million square feet. The project will
The central government will collaborate with the Goa government to create a framework to attract high-tech industries, including data centres and semiconductor facilities, aiming to establish a “mini Silicon Valley” in Goa, commerce and industry minister Piyush Goyal said on Friday. “In this framework, we envision developing Goa as a preferred destination for data centres
Despite the issue being flagged in many quarters, a large number of vacancies in the company law tribunals remains unfilled, resulting in a slowing of the process of insolvency resolution. This was highlighted by the Supreme Court while ordering the liquidation of grounded Jet Airways. “One another serious issue pertaining to the functioning of the
RITES Ltd, the engineering consultancy arm of Indian Railways, is aiming to increase the ratio of export in total revenue from under 1% now to 20-25% in the next three years and sustain it at that level, chairman and managing director Rahul Mithal told FE. “In the past 9-10 months, we’ve received orders worth Rs
India has the option to take up the matter of sanctions on 24 companies by the US with the World Trade Organisation (WTO) or International Court of Justice (ICJ) but is is more likely to engage in direct diplomacy with Washington to address its concerns, according to a report. Th country may seek exemptions for
While residential property sales saw a decline in Q3 of 2024, office leasing is going strong in top cities of the country. Anshul Jain, chief executive, India, Southeast Asia and APAC tenant representation, Cushman & Wakefield, shares his outlook for different property segments in an interaction with Raghavendra Kamath. What is the outlook on office
The ministry of coal has terminated the coal block development and production agreement on the Banai- Bhalumunda coal block with JSW Steel due to non-payment of performance security, the termination order available on the ministry’s website showed. As a result, the Rs 100-crore bid security submitted by the Sajjan Jindal-led steelmaker stands forfeited as damages
The Modi government has introduced a slew of reforms over the past many years to ensure social security for all citizens, with special focus on the marginalized section of society. Many reforms have been initiated in the pension sector to cater to the post-retirement needs of people irrespective of their work status. The government has
US-origin Fashion brand, Forever 21’s operator F21OpCo filed for Chapter 11 bankruptcy on Sunday. This is the second time in six years the retailer has taken the decision amidst withering sales. As Forever 21 fails to remain profitable, the company said the liquidation sales at their stores will soon follow. In the ever-increasing e-commerce market
Religare Enterprises (REL) on Monday announced that its board has commissioned a governance review of REL and its subsidiaries, namely, Religare Finvest Limited (RFL) and Religare Housing Development Finance Corporation Limited (RHDFCL). For conducting the review, the company board has resolved to engage a law firm M/s Trilegal who would be assisted by M/s Grant
World’s largest e-commerce company Amazon is considering spinning off its India business and listing it on the domestic stock market, YourStory reported. If executed, this move would allow Amazon to solidify its presence in one of the fastest-growing digital marketplaces while navigating India’s strict e-commerce regulations. The Seattle-based giant, currently the second-largest player in India
International brokerage firm, Jefferies has initiated coverage on three stocks. They have a Buy rating on Patanjali Foods while the rating on Waaree Energies and Sai Life Sciences. Here is a quick look at the target price of these three stocks. Jefferies on Patanjali Foods Jefferies initiated coverage with a Buy rating and a target
