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Hyderabad real estate continues to see price hike in Q4; Bengaluru, Chennai show signs of revival
The housing market in southern India is shows some sign of revival in the December quarter with an improvement in the new launches and sales. According to PropTiger, Hyderabad, Bengaluru and Chennai together had 43% share in national launchers during the December quarter, while they contributed 29% to the national sales numbers during the period. […]
Rahul OberoiJanuary 20, 2021/3:21 PM IST -
No GST should be levied by employer on recovery of notice period payment
Recently, the Hon’ble AAR, Gujarat held that GST@18% is applicable on recovery of notice pay as it can be regarded as a consideration for “tolerating the act” of the employee for not serving the notice period and will be covered under Clause 5(e) to Schedule II to CGST Act. It is to be noted that […]
Bimal JainJanuary 20, 2021/3:19 PM IST -
Separate section needed for home loan payments: Adhil Shetty
After an incredibly tough year, there are high expectations from this year’s Union Budget. Measures that will put more disposable income in the hands of the common man and boost economic sentiment would be most welcome. I would like to see a new section being created in the Income Tax Act to provide enhanced, comprehensive […]
Adhil ShettyJanuary 20, 2021/3:04 PM IST -
WayCool Foods ties up with IIT-Hyderabad to develop antimicrobial food packaging material
Mumbai: Agri supply chain startup WayCool Foods has signed a three-year agreement with the Indian Institute of Technology Hyderabad (IIT-H) to develop antimicrobial food packaging material by using biopolymers. As per the Memorandum of Understanding, WayCool will invest close to Rs 20 lakh for co-developing economically viable and biodegradable packaging that will retain the freshness […]
Press Trust of IndiaJanuary 20, 2021/2:27 PM IST -
Youngsters must get into the habit of investing
Risk appetite and liquidity should ideally drive this decision but it usually gets driven by hear and say advice resulting in a regret most of the times.
Sharad KohliJanuary 20, 2021/2:23 PM IST -
Liquidity boost for stressed projects need of the hour
There is a need to promote the rental market in India. Currently, the set off and carry forward of losses from house property is restricted to Rs 2 lakh.
Renu Sud Karnad – Managing Director , HDFC LtdJanuary 20, 2021/2:20 PM IST -
Ola’s upcoming EV factory in Tamil Nadu to deploy 5,000 robots
New Delhi: Ride-hailing major Ola on Wednesday said it has partnered with Siemens to leverage the latter’s technology at its upcoming electric vehicle manufacturing facility in Tamil Nadu. In December, Ola had announced inking an agreement with the Tamil Nadu government to invest Rs 2,400 crore for setting up its first electric scooter factory in […]
Press Trust of IndiaJanuary 20, 2021/1:29 PM IST -
Here’s how market may perform on the Budget Day
How will the markets react to the budget announcements. Money9 takes a look
Sakshi BatraJanuary 20, 2021/1:07 PM IST -
Nilesh Shah on how the market scenario is going to pan out in 2021
Wish you all a very Happy New Year. Last year like a thriller plot. It was all about making the impossible, possible. Flows, Sentiments and Fundamentals were the three pillars on which our markets evolved in 2020. They made the ‘mother of bear market’ turn into ‘mother of bull market’ in just about six months. […]
Nilesh ShahJanuary 20, 2021/12:49 PM IST
