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    Average flat size increases in top cities in 2020: Report

    In a major trend reversal in the post-Covid world, the demand for bigger homes has increased across the top cities of India.Data released by Anarock Property Consultants shows that average apartment sizes in the top seven cities have risen by 10 per cent on a yearly basis, to 1,150 square feet in 2020 from 1,050 square feet in 2019. The trend in past four years trends indicate that...

    • 23 hrs ago
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    South Central Railway ships bananas in containers to JNPT

    For the first time, bananas have been transported by train in freezer containers from Tadipatri station in Guntakal division of the South Central Railway (SCR) zone to Jawaharlal Nehru Port Trust (JNPT) in Mumbai for onward export to Middle Eastern countries."For the first time, bananas' loading has commenced from Tadipatri station as a total of 43 reefer containers were loaded...

    • 23 hrs ago
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    Panaji restaurants to use biogas: CM

    Select restaurants in Panaji will soon be hooked into a biogas supply network being set up by the city municipal corporation, Chief Minister Pramod Sawant said on Friday.A network of a dozen biodigester plants has been created in the city by the muncipal corporation.Sawant said that biogas would be provided free of cost to the city's restaurants for some time, as part of the initiative taken by the...

    • 23 hrs ago
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    Attractive LNG prices to boost India's plan on gas-based economy

    India's efforts to build a gas based economy is set to get a boost from the falling spot LNG prices that had skyrocketed to over $30/mmbtu (from $2 a few months ago on the back of the winter demand and supply constriants.According to an estimate made by Emkay Global Financial Services, Asian spot LNG prices have started cooling off now with the latest deals happening at sub-$...

    • 23 hrs ago
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    Hyderabad firm gets rail contract for propulsion, control systems

    The Indian Railways has awarded a contract of Rs 2,211 crore to design and manufacture propulsion, control and other equipment of 44 Vande Bharat-type train sets to Hyderabad-based Medha Servo Drives Pvt Ltd, a Ministry spokesperson said on Friday."The Railways has awarded the work of design and manufacture of propulsion, control and other equipment to make 44 rakes (16 car...

    • 23 hrs ago
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    FY21 NH construction pace to improve EPC players' performance: Report

    The record construction pace of national highways in FY21 coupled with the recent government measures is expected to improve the operational performance of engineering, procurement and construction companies in the road sector, India Ratings and Research (Ind-Ra) said in a report.Lately, the Ministry of Road Transport & Highways (MoRTH) executed highway projects at a rate...

    • 23 hrs ago
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    HDFC Bank reviews SEBI order in BRH Wealth Kreators' matter

    HDFC Bank on Friday said that it is reviewing the SEBI order imposing a penalty of Rs 1 crore on the bank in the in the matter involving BRS Wealth Kreators.The capital market regulator on Thursday imposed a penalty of Rs 1 crore on HDFC Bank for invocation of client securities pledged by stock broking firm BRH Wealth Kreators in violation of an interim order by the regulator.

    • 2 days ago
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    SC won't recall order refusing Vedanta plea to reopen Sterlite plant

    The Supreme Court on Friday declined to entertain a plea by Vedanta seeking recall of its December 2 order, where it had declined to entertain an interim plea by the mining major to inspect and operate its Sterlite Copper unit in Tamil Nadu's Tuticorin.The Tamil Nadu government had filed a special leave petition (SLP) in the top court to expunge certain remarks in the...

    • 2 days ago
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    Sensex slumps 700 points, gives up 49,000

    A day after claiming the landmark 50,000 level for the first time, the BSE Sensex plunged below the 49,000 mark on Friday.It fell 746.22 points, or 1.50 per cent, to close at 48,878.54 as heavy selling was witnessed in banking, finance and metal stocks.The Nifty50 on the National Stock Exchange closed at 14,371.90, lower by 218.45 points, or 1.5 per cent, from its previous close. The major losers on the...

    • 2 days ago
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    Operational restrictions imposed at IGIA ahead of R-Day

    Operational restrictions have been imposed at the Indira Gandhi International Airport (IGIA), as part of security arrangement for ahead of Republic Day.According to airport sources, landing and takeoff would not be allowed from 10.35 a.m. to 12.15 p.m during January 20-26, excluding January 25.Accordingly, a NOTAM (Notice to Airmen) has been issued.

    • 2 days ago

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