NaBFID to begin lending operations with 190-200 big infrastructure projects: K.V. Kamath

Will also look into other roles that the NaBFID could play for the government, “say the monetization pipeline” The National Bank for Financing Infrastructure and Development (NaBFID) is likely to begin its lending operations with about 190-200 big infrastructure projects in the railways, roads and energy sector, its newly appointed Chairman K.V. Kamath said. Last month, the government had announced […]

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Punjab’s investor summit sees investment commitment to tune of ₹7,700 crore

Punjab hosted the fourth edition of the summit on October 26 and 27 aimed to reassure the investors of even greater support and progressive policies of the State Government The recently concluded two-day long Progressive Punjab Investors’ Summit has seen a fresh investment commitment to the tune of ₹7,700 crore, including from foreign countries, resulting the overall investments in Punjab […]

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Weekend story | Festive cheer: Smartphone industry to see record sales despite component shortage

High pent-up demand backed by aggressive promotions in the mid and premium segments Despite the challenge of component shortage, this festive season promises to be a happy one for the Indian smartphone industry, which is expected to witness record sales driven by high pent-up demand, particularly in the mid and premium segments. According to research firm Counterpoint, about $7.6-billion worth […]

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Housing sales up 59% annually in Jul-Sep across 8 cities; jump over 3-fold from June quarter

Showing signs of recovery, housing sales across eight major cities registered an annual growth of 59% during July-September at 55,907 units, but demand jumped over three-fold against the previous quarter, according to PropTiger.com. Sales stood at low levels at 35,132 units in the July-September last year and 15,968 units in the previous quarter because of the adverse impact of the […]

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Keeping the policy alive and kicking

Package and multi-year policies offer convenience and practicality while buying, maintaining your insurance covers Some time ago, the Madras High Court ordered all vehicles in the State of Tamil Nadu to be sold only with a ‘five-year, bumper-to-bumper’ cover. That order is now on hold as insurers have asked for time to design such policies and get the required regulatory […]

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Reliance Retail forays into ultra-premium grocery segment with 'Freshpik'

It has been dsesigned keeping in mind the refined tastes and delicate aesthetic sensibilities of food connoisseurs, the outlet says Reliance Retail on Thursday, October 14, 2021, forayed into ultra-premium grocery segment in India with the launch of brand ‘Freshpik’, offering an exquisite range of food products sourced from select local and international destinations. Also read: Reliance Retail to roll […]

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