Tamil Nadu Ranks 6th with 7% share in Total investment Commitments Made Across India : ASSOCHAM Report..!

Tamil Nadu has attained 6th position amid industrialised states in attracting 7% of the total domestic and foreign committed investments across India worth above Rs. 143 lakh crore as of June 2013, according to the just-concluded study undertaken by ASSOCHAM. “Clocking a yea…

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Shriram Foundation launches ‘Education Support Scheme’ for truck-drivers’ children..!

In its endeavour to provide the needy children of truck drivers and transporters with educational assistance, Shriram Foundation, a social arm of the Shriram Group, yesterday launched a nationwide “Education Support Scheme” at Chennai. Through this scheme, Shriram Foundation…

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Hikes FSI for pre - 1969 Buildings to 3..!

Here is some good news for Mumbaiites living in old cessed buildings that have been built before 1969. The Maharastra state government has announced a floor space index* (FSI) of 3 for such dilapidated structures. The move is expected to provide a major boost to plans of re…

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Real Estate's share in GDP at 6.3%

According to a report, The contribution of the real estate sector to India's GDP (Gross Domestic Production) has been estimated at 6.3% in 2013, and the segment is expected to generate 76 lakh jobs in the same period, "The Indian real estate and construction indust…

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Should Real Estate Developers’ Loans get Priority Sector Status? - YES.!

by Mr. R. V. Verma, NHB Housing has long been identified as a social priority next only to food & clothing. Though a capital - intensive industry, the housing sector, ironically, has been the most capital-deficient. Supply side issues..! As a result, the unmet housing dema…

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Income Tax Returns Date Extended to August, 5 - 2013..!

The central government on Wednesday extended the last date for filing of income tax returns by 5 days to August 5, 2013. The due date, which was Wednesday - July 31 , has been extended in wake of "unprecedented surge" in number of I - T returns being filed electro…

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SEBI WOULD HAVE NOW POWERS TO REGULATE ANY POOLING OF FUNDS UNDER AN INVESTMENT CONTRACT..!

AN ORDINANCE TO AMEND THE SECURITIES LAWS PROMULGATED; SEBI WOULD HAVE NOW POWERS TO REGULATE ANY POOLING OF FUNDS UNDER AN INVESTMENT CONTRACT INVOLVING A CORPUS OF RS.100 CRORE OR MORE, ATTACH ASSETS IN CASE OF NON-COMPLIANCE AND CHAIRMAN SEBI WOULD HAVE POWERS TO AUTHORI…

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Telanagana Decision - Effect On Hyderabad Real Estate..!

by Mr. Sandip Patnaik, JLL India The decision that has been arrived as is good for the Hyderabad real estate market, as it has been hanging fire for the last 3 to 4 years. This state of affairs had given rise to a lot of doubt in the minds of residential end users, investor…

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MSME: CIVIL CONSTRUCTION SUPERVISOR Training...!

Name of the Training: CIVIL CONSTRUCTION SUPERVISOR Training by MSME, Guindy, Chennai - 600 032 Date: FROM 09-08-2013 - 10 DAYS Timings: 10 am to 3 pm Fees: Rs.5,000 Qualification: 10 th, +2 , Degree and Diploma For more details please call Mr. P. Ravichandran - Course Co- coordi…

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SEBI's New Power: Help those duped by ponzi schemes to get back money..!

In a major relief to depositors duped by ponzi schemes, the   SEBI (Securities and Exchange Board of India) recently said its new powers would help in recovery of money from the fraudulent firms and return them to the investors. SEBI Chairman Mr. U. K. Sinha said, "Thro…

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