Thursday, Aug 11 2022 | Time 08:19 Hrs(IST)
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Business Economy


Highest-ever launch in 1st half of 2022 in Pune: Gera Pune Residential Realty report

Mumbai, Jul 6 (UNI) The Gera Pune Residential Realty, a 50-year-old brand, has stated in its report that the sale of homes increased drastically in the first half of 2022 in the Pune market, as compared to first half of 2021.
For the half year ended June 2022, a total of 54,845 homes were brought to the market, up by 106 per cent over 26,611 units during the corresponding period of last year.
Similarly, for the 12-month period, 1,15,996 homes were brought to the market between July 2021 and June 2022, up by 80 per cent over total 64,671 units during July 2020–June 2021.
Meanwhile, 70 projects have been launched in the luxury segment (with average price of over Rs 10,000 per square feet), which has contributed to the significant rise in average prices across the city, the report said in a release.
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RBI tightens digital lending norms

RBI tightens digital lending norms

10 Aug 2022 | 10:04 PM

New Delhi, August 10 (UNI) Tightening digital lending norms, Reserve Bank of India (RBI) on Wednesday issued a set of guidelines which include compulsory credit of loans directly into the bank account of borrowers and not through any third party.

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Naiknavare Developers launches theme-based, intergenerational community project in Pune

10 Aug 2022 | 10:01 PM

Mumbai, Aug 10 (UNI) Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Maharashtra and Goa, have launched India’s first-of-its-kind theme-based project, Kutumb – an intergenerational community project, in collaboration with Primus – a Bangalore-based company focused on senior care / intergenerational living -- in Pune.

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Tata Hitachi launches 20-Tonne Hydraulic Excavator

Tata Hitachi launches 20-Tonne Hydraulic Excavator

10 Aug 2022 | 9:58 PM

Durgapur, Aug 10 (UNI) Tata Hitachi on Wednesday launched its all-new 20-Tonne Hydraulic Excavator EX200 INFRA, Super Plus Series at Durgapur, West Bengal.

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Panasonic launches a new range of products in this festive season

10 Aug 2022 | 8:31 PM

Kochi, August 10 (UNI) Panasonic Life Solutions India, a leading diversified technology company, has announced 'The Festival of Life' offer for consumers and launched a wide range of consumer appliances during 'Onam' season.

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Granules Q1 PAT up 6 pc YoY to Rs 128 Cr

10 Aug 2022 | 7:29 PM

Hyderabad, Aug 10 (UNI) Granules India, a vertically integrated pharmaceutical company, on Wednesday reported a 6 per cent increase in consolidated net profit to Rs 128 for the quarter ended June 30, 2022 as against Rs 120 crores in the corresponding quarter in previous year.

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