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Nearly 35 per cent or approximately 28,830 units are in the affordable bracket and 32 per cent or 26,180 units in the mid-segment - homes priced within Rs 45-80 lakh- are ready-to-move-in.

Share of ready housing units rises to 12 per cent in Sept qtr

Their share has risen from 11 per cent or 77,100 in Q2, despite demand picking up for affordable and mid-segment units.

22 Oct 2019 1:38 AM IST

In 2018, the e-commerce sector had garnered a gross merchandise value of $24 billion. The January-May period accounted for 35 per cent of 2018 GMV.

Unorganised trade sees muted sales

Festival-specific items too are seeing a slump35 per cent in gift items, 25 per cent in furnishing goods and 25 per cent...

22 Oct 2019 1:35 AM IST

Credit Suisse finds that personal wealth in India is dominated by property and other real assets, which make up the bulk of household assets.

Amid economic gloom, household wealth grows 5.2 per cent, debt 11.5...

Total wealth in India increased four-fold between 2000 and 2019.

22 Oct 2019 1:33 AM IST

Securitisation of gold loan receivables, personal loan receivables, two-wheeler loan receivables and lease rental receivables are now mainstream.

Securitisation market to cross Rs 2L cr in FY20

A bigger boost, however, is expected from regulatory interventions, say analysts.

22 Oct 2019 1:31 AM IST

The platform will be built on the Microsoft Azure IIoT cloud platform. (Photo: AP)

SAP in three-year cloud partnership with Microsoft

SAP is due to update investors on strategy at a capital markets' day in New York on Nov 12.

21 Oct 2019 3:43 PM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Whistleblower complaint placed before audit committee: Infosys

The company is taking unethical steps to increase short-term revenue and profits -- before its audit committee.

21 Oct 2019 2:59 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

New foreign trade policy may have simpler export promotion schemes

The government is targeting to increase the exports to USD one trillion in coming years.

21 Oct 2019 1:51 PM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL CMD expects revival plan to be in public domain within a month

BSNL Chairman and Managing Director P K Purwar also said that the salary of all employees will be paid before Diwali.

21 Oct 2019 1:48 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Corporate earnings, global trends to drive market sentiment this week

Market mood should remain buoyant in near term, given positive development on both global and domestic fronts

21 Oct 2019 12:32 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio slams Trai's IUC review; says move sabotages PM's Digital India...

Trai's move to reopen the deadline for ending charges for terminating calls on rival networks beyond January 2020.

21 Oct 2019 12:21 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI to conduct e-auction of 11 accounts to recover dues of Rs 467...

The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7.

21 Oct 2019 12:03 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt likely to float bids for Air India sale next month

The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands...

21 Oct 2019 11:46 AM IST