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Affordable housing suffering; luxury continues to show bumper sales: Gulam Zia
Commercial real estate also is doing phenomenally well. If I have to give a few numbers, the last quarter and we saw almost about 14 to 15 million square feet of gross absorption of office space in the country, the top seven-eight markets that we always talk about.
Aircraft lessor DAE sees China's COMAC breaking Airbus, Boeing duopoly
Airbus and Boeing are the main suppliers of aircraft to airlines, but the European planemaker is struggling to boost production amid record orders and Boeing is under scrutiny from regulators after a mid-air panel blowout on a new plane in January.
Flying windows, fatal turbulence: Is flying in planes safe right now? Here is how to understand disruptions
Air travel disruptions, from minor mechanical issues to severe incidents, often cause anxiety but are rarely dangerous. Aviation experts stress that these problems are usually manageable due to rigorous safety protocols and backup systems, ensuring that flying remains one of the safest modes of transportation despite occasional alarming events.
New Zealand Prime Minister's plane breaks down on way to Japan
The aging fleet of New Zealand Defence Force's two 757 aircraft, both over 30 years old, has become increasingly unreliable, leading to concerns about their operational effectiveness. Defence Minister Judith Collins acknowledged the embarrassing nature of the situation and expressed the ministry's consideration of utilizing commercial flights for Luxon's future travel requirements.
Why will there be muted mics in the CNN debate between Trump and Biden?
The two presidential nominees will debate on June 27 and CNN will host this debate. The organizers have said that they will mute the mic of the candidate who is not speaking. There will also be commercial breaks during the debate. There are other rules which both the candidates have agreed to follow.
Did PM Modi and Amit Shah break any Sebi rule by predicting stock market rally after elections? Legal experts weigh in
PM Modi and Amit Shah's post-election stock market rally predictions have sparked a political issue, with Rahul Gandhi linking it to the stock market crash. Legal experts say the statements do not violate Sebi rules.
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Moving beyond Airbus & Boeing: What will it take for India to make its own commercial airliner?
India is already a growing sourcing hub for the global defence and aerospace industry. With government help, this ecosystem can, in time, be developed to support the development of a commercial plane. That is how we made our space programme, experts point out.
Flight stories: Discover these 6 podcasts about the fascinating world of air travel
Discover a curated selection of podcasts that delve into the thrilling yet complex world of air travel. From tales of air disasters and mysteries like MH370 to insightful discussions about Boeing's quality crisis and the ongoing Boeing vs Airbus rivalry, these podcasts offer a unique blend of entertainment and education. Whether you're an aviation enthusiast, a frequent flyer, or simply curious about the intricacies of commercial aviation, these podcasts provide valuable insights, travel tips, and captivating stories.
Embassy REIT raises Rs 1200 crore debt to acquire prime commercial asset in Chennai
Embassy REIT secured a Rs 1200 crore debt from a nationalised bank to purchase a 5 mn sq ft commercial asset in Chennai, expanding into a new growth market. The acquisition was funded through debt at 8.05% and internal accruals. The property has a high occupancy rate and will enhance Embassy REIT's commercial portfolio significantly.
Rajkummar Rao opens up about his journey to stardom: 'Took me around two years to get my first acting job'
Rajkummar Rao recently shared insights into his journey in Bollywood, revealing that it took him around two years to land his first acting job. Despite initial challenges and no backup plan, Rao persisted in pursuing his passion for acting. He emphasized the importance of mid-budget content-driven films and expressed optimism about their reach and impact. Rao's latest release, "Mr. & Mrs. Mahi," showcases his versatility as an actor.
Mumbai realty market breaks record for 10th month in row
Mumbai, India's commercial capital, has recorded its best performance on record for real estate deals in May, driven by brisk sales and high demand despite increased mortgage rates and rising property prices. The Mumbai property market saw over 11,917 property registrations, up 21.3% from the previous year. The market's sustained confidence in India's economic expansion has resulted in robust business activity in the industry.
What happened to our ad-free TV?
As streaming services initially promised an ad-free experience, the landscape is rapidly changing with ads becoming increasingly difficult to avoid. Major players like Netflix, Disney+, and Amazon Prime Video have started incorporating commercials in exchange for lower subscription prices. Even live sports on these platforms now include built-in commercial breaks regardless of the subscription tier.
HDFC Bank invests Rs 5 crore in this buzzing SME IPO in anchor round
ABS Marine SME IPO is a fresh equity sale of 65.5 lakh shares and through the issue, the company aims to raise around Rs 96 crore. The issue, which closes on May 14, was fully subscribed on the first day of the bidding process.
ABS Marine Services IPO: All you need to know before subscribing to the issue
ABS Marine Services IPO: The company is targeting to raise approximately Rs 96.5 crore through the SME IPO and plans to list the shares on the NSE SME platform. Here are 10 important details investors should understand before deciding to subscribe to the public offer.
Stock Radar: Ashok Leyland breaks out from a Bullish Flag pattern, hits fresh record high in May; time to buy?
Ashok Leyland broke out of a tight trading range, hitting new highs with experts recommending buying opportunities. Technical indicators like RSI and MACD support the bullish sentiment in the market.
Record-breaking election spending set to ignite rural demand, feel experts
Anticipation is high for the 2024 Lok Sabha polls with record-breaking expenditure projected. Industry experts foresee a boost in rural spending post-election, influencing the FMCG sector positively. Various factors are expected to drive economic growth in rural India.
Banks homing in on a bigger share of expanding realty pie; loans almost triple the pace in FY23
Bank loans to commercial real estate, including residential construction, nearly tripled last fiscal year at 23 percent, amounting to Rs 3.97 lakh crore. If the impact of the merger of HDFC with HDFC Bank is included, the loan growth increases to 38.9 percent, with outstanding loans reaching Rs 4.48 lakh crore as of March 31. Property analysts note growth across segments, with the top seven property markets witnessing total sales of 74,486 apartments in the quarter, following a record-breaking quarter in December.
Power player to surge 6% with a commercial vehicle stock in tow, at 5%
Nifty launched a charge that took it to an incremental lifetime high. But the pushback was strong and it had to withdraw into negative territory.
Second half of FY25 will be much stronger for IT industry: Mastek CEO
Mastek CEO Chandrana discusses FY24 growth, soft Q4 revenue, optimism for FY25. He also talks about Mastek's share in a $1.2-billion UK Ministry of Defence project, client conversations, and margin profile target of 17-18%. Chandrana says: "As far as the revenue and growth is concerned, in dollar terms, we grew 15.8% YoY. If you remove the small acquisition that we did in FY24, we still grew at a fairly healthy rate compared to competition. "
This stock is set to zoom 13%; commercial service player aims at 7% rise
Nifty traded near its high point in the first half and then rapidly lost ground to close with a loss.
Bharti Airtel rejects Jio view on commercial usage of allocated satcom spectrum
Vodafone Idea (Vi) plans to raise funds via a preferential share issue on April 6, following shareholders' approval of a proposal to raise ₹20,000 crore through equity and equity-linked instruments. The company expects to complete the equity fund raise by the end of June, with promoters expected to infuse around ₹2,000 crore.
How fleet owners can overcome the dual challenge of EV financing and high cost of ownership
For commercial operators considering the switch to EVs, the total cost of ownership (TCO) is a crucial consideration. While EVs promise lower operational costs over their lifecycle, primarily due to savings on fuel and maintenance, the initial purchase price remains prohibitively high. The high cost is largely attributed to the expensive battery technology that powers these vehicles.
Regional airline FLY91 expects to have 350 staff in first year of operations
The carrier's MD and CEO Manoj Chacko said there is no need to raise funds now, as it will also be getting Viability Gap Funding (VGF) under the regional air connectivity scheme UDAN. "We also have VGF for the sectors we have won. If we take all the sectors we have secured and if we operate the full schedule, then on an annualised basis, it will be around Rs 200 crore," he told PTI in a recent interview.
Private US moon lander still working after breaking leg and falling, but not for long
The Odysseus mission, the first private U.S. spacecraft to land on the moon, faced challenges such as a broken leg, limited power, and communication issues. Despite these setbacks, it is considered a success by NASA and marks a significant milestone in commercial lunar deliveries.
Commercial credit portfolio of Indian MSMEs grew 11% on-year in Jul-Sep: SIDBI, TransUnion Cibil report
The commercial credit portfolio of Indian micro, small, and medium enterprises grew 11% YoY in Jul-Sep due to accelerating economic activity. The credit exposure reached Rs 28.2 lakh crores, and supply volumes grew by 20% YoY. Technology played a pivotal role in enhancing credit flow.
Passenger vehicle sales surge 14% to 393,074 units in January: SIAM
Passenger vehicles and three-wheelers continued to achieve their highest sales ever for the period of April to January in FY 24. This growth was driven by positive consumer sentiments and strong sales in rural areas.
Arnold Schwarzenegger & Danny DeVito will be reuniting in State Farm Super Bowl commercial
Danny DeVito getting back together with Arnold Schwarzenegger is expressing not their chemistry professionally but their reciprocal affinity formed from a friendship of around four decades. DeVito was always there for him before his sudden turn in Like A Good Neighbor, the 60-second Super Bowl entry of the insurance giant was disclosed during a break at the time of the second quarter.
Fire breaks out at commercial building in Delhi's Barakhamba
The fire broke out on the eleventh floor of the building. A video shows a thick cloud of smoke emanating out of the building.
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