Amazon allows sellers to start shipping nonessential items again
Amazon will soon allow third-party merchants to ship nonessential items to its warehouses, the company confirmed to CNBC. Starting later...
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MindCept
Apr 15, 20202 min read
Global private equity companies oppose force majeure call
BENGALURU | MUMBAI: Global private equity players with large portfolio of Indian office space and their local real estate partners are...
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MindCept
Apr 15, 20202 min read
Chorus grows for extending date of property tax payment in Aurangabad
AURANGABAD: With the extension of lockdown till May 3, the demand for extending the date for paying property tax, with discount, has once...
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MindCept
Apr 15, 20201 min read
Central Bank of India cuts MCLR on loans by 40 bps across all tenors
The Central Bank of India, announced on Tuesday, that it has reduced its marginal cost of funds-based lending rate (MCLR) on loans by 40...
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MindCept
Apr 14, 20205 min read
View: Opportunity in the time of crisisRead more
By Darshan Hiranandani Yesterday was a day of bad news. COVID cases were poised to rise dramatically and just as dramatically, Indian GDP...
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MindCept
Apr 14, 20207 min read
Where US and China will clash after the plague
SINGAPORE – With the world at a standstill, the Covid-19 pandemic has laid bare an increasingly tense rivalry between China and the...
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MindCept
Apr 14, 20202 min read
Real estate sector staring at payment defaults amid Covid-19 lockdown
The Covid-19 pandemic is slated to have a 'catastrophic effect' on India’s troubled real estate sector, which is currently worth around...
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MindCept
Apr 14, 20203 min read
Expect construction work to resume in next 7-10 days: Niranjan Hiranandani
First a word on the extension of the lockdown in Maharashtra up until the month end. Does that really put a spanner in the works? Were...
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MindCept
Apr 14, 20203 min read
Realty players fear pay cuts, job losses as lockdown hits revenue
NEW DELHI: Real estate sector, which is estimated to incur a loss of over Rs 1 lakh crore due to nationwide lockdown, is likely to see...
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MindCept
Apr 14, 20202 min read
Mumbai: Promoters of X BKC project invokes force majeure clause
MUMBAI: Invoking the force majeure clause in view of the Covid-19 lockdown, the promoters of X BKC project in Kala Nagar, Bandra have...
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MindCept
Apr 14, 20202 min read
SoftBank Group forecasts $7-billion full-year net loss
TOKYO: Struggling Japanese conglomerate SoftBank Group on Monday forecast a $7-billion net loss for the year ended March due to the...
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MindCept
Apr 14, 20201 min read
Gujarat RERA allows one-time extension in project completion deadline
AHMEDABAD: Gujarat Real Estate Regulatory Authority on Monday provided some relief to real estate developers to help the realty sector...
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MindCept
Apr 14, 20201 min read
Tenants seek Telangana government help as landlords refuse to waive rent
CHARMINAR: House and flat owners in certain parts of Old City areas have refused to waive off rents for their tenants during the ongoing...
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MindCept
Apr 14, 20203 min read
PE companies, realtors may allow deferral of rent for offices
MUMBAI: India’s largest office space owner Blackstone has held discussions with its largest builder partners, including the Embassy...
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MindCept
Apr 13, 20204 min read
Labour shortage due to reverse migration to hit real estate hard
The reverse migration of workers since the government announced the lockdown to contain the covid-19 outbreak is a serious issue for...
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MindCept
Apr 13, 20202 min read
Exclude lockdown period while computing 90 days for NPA: Bombay HC
MUMBAI: In a major relief to a Mumbai-based construction company, the Bombay High Court said the period of the lockdown is to be excluded...
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MindCept
Apr 13, 20203 min read
Online petition and FB group urge landlords to defer rent payment
MUMBAI: An online petition and a Facebook group, both calling for landlords to defer rent payments in these cash strapped times, have...
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MindCept
Apr 13, 20201 min read
SC asks NBCC to call tenders for two Amrapali projects valued at Rs 1,046 crore
NEW DELHI: The Supreme Court (SC) of India under chairmanship of LD Court Receiver has asked National Buildings Construction Corporation...
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MindCept
Apr 13, 20202 min read
Hyderabad landlord waives off rent for 75 tenants
HYDERABAD: Playing the Good Samaritan, a house owner in Hyderabad has waived off rents of his 75 tenants during the lockdown. The...
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MindCept
Apr 12, 20202 min read
We see India as a bigger bet: Coca-Cola APAC
Less than five months after The Coca-Cola Company’s president for APAC,Manuel “Manolo” Arroyo took on an additional role of global chief...
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