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TVS Emerald, ASK PIA to set up real estate platform

The platform will have an equity corpus of ₹400 crore City-based Emerald Haven Realty Limited (TVS Emerald), the real estate arm of TVS Motor Company, has joined hands with ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group, to set up a real estate investment platform. Under an agreement inked between the two, the ... Read More »

Body set up to deal with sex determination info on Internet, Centre tells SC

Section 22 of the PCPNDT Act pertains to prohibition of advertisements relating to pre-natal determination of sex and punishment for contravention. The government on Tuesday informed the Supreme Court that it has set up a nodal agency to redress complaints seeking deletion of materials violating Indian laws prohibiting pre-natal sex determination, from search engines and websites. A Bench headed by ... Read More »

Indiabulls Real Estate out of F&O ban; shares up by 6%

Indiabulls Real Estate Limited’s shares soars by over 6% intraday during Thursday’s trading session after the report of its removal from the Future and Option (F&O) ban. Generally, when the combined open interest in a stock’s derivative contracts crosses 95% of the market-wide position limit, the stock goes under the ban in F&O. The normal trading in the stock resumes only after ... Read More »

Bajaj Finserv consolidated net up 22% in first quarter

MUMBAI, JULY 19:   Bajaj Finserv, the holding company for the various financial services businesses of the Bajaj group, has reported a 22 per cent increase in consolidated net profit in the first quarter on the back of strong financial performance of subsidiaries Bajaj Finance (BFL) and Bajaj Allianz General Insurance Company (BAGIC). In the reporting quarter (Q1) ended June 30, ... Read More »

Delta Stands Up To Ann Coulter, Becomes A Hero On Social Media

Delta Air Lines is drawing rave reviews on social media for something it did while on the ground. The airline took to Twitter on Sunday to defend itself after being bashed by Ann Coulter for allegedly giving her “carefully chosen” seat to another passenger.  Along with attacking the airline, the conservative commentator also posted pictures of the passenger she said got her seat. While airlines ... Read More »

Mercedes-Benz India climbs up the ladder in overall car market as well

MUMBAI: The three-pointed star, the leader in India’s luxury-car space, is steadily climbing up the ladder in the overall automobile market as well. Mercedes-Benz sold more vehicles in India in the first six months of 2017 than brands such as Fiat, Nissan and Chevrolet, which offer much cheaper, including entry-level, cars here. And, Skoda, with its more affordable line of ... Read More »

Gionee Offers Up to 60GB of Reliance Jio 4G Data to Smartphone Buyers, Unveils Paytm Cashbacks

Gionee India has announced strategic partnerships with Reliance Jio and Paytm to roll out offers on the purchase of its smartphones. These offers are on a vast portfolio of smartphones, and while Reliance Jio offers additional 4G data benefits of up to 60GB, Paytm offers cashbacks of a maximum of Rs. 500 on a shopping of Rs. 700 or above ... Read More »

HDFC ERGO ties up with Utkarsh Small Finance Bank

Private general insurer HDFC ERGO General Insurance signed a corporate agency agreement with Utkarsh Small Finance Bank for the distribution of general insurance products through the Bank’s network of branches across the country. The association with Utkarsh Small Finance Bank will offer general insurance products from HDFC ERGO to the Bank’s general banking and micro banking clients across India. Anuj Tyagi, ... Read More »

Facebook Said to Have Received Nod to Set up Indonesia Unit

Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant’s fourth-largest user base. Indonesia has been pushing multinational technology firms to be locally incorporated, arguing that companies such as Alphabet Inc’s Google set up small business entities to provide ... Read More »

New car brands gear up for 2018 Auto Expo

The 2018 Auto Expo, the country’s largest and biennial automobile show, will be different in more than one way from the earlier one, held in 2016. There will be new names and brands, such as Kia, Peugeot and MG (from Chinese company SAIC), all planning to enter the growing Indian car market. Lexus, luxury car brand of Japan’s Toyota, is ... Read More »