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Q2 Revenue of $129.5 MillionStrategy in Place to Build Seamless EV Charging and 5G Infrastructure EcosystemNEW YORK, NY / ACCESSWIRE / August 16, 2021 / Charge Enterprises Inc. (OTC PINK:CRGE), ("Charge"
Committee expresses worry about gov’t local contracts award The Parliamentary Select Committee on Local Government and Rural Development has expressed worry about the continuous award of contracts by the government for the implementation of capital projects at the local level. The Committee said the practice did not empower the technocrats at the local level to monitor the progress of work, leading to poor execution of projects. Besides, such projects did not mostly address the critical needs of the beneficiaries and defeat the practice of decentralisation. The committee called for a paradi...
Synopsis The Centre is seeking to cut through swathes of bureaucracy and speed up bill payments by getting its departments to compulsorily adopt the Trade Receivable Discounting System or TReDS. For the government, quick vendor payments should enhance competitive intensity — and lower its costs. Agencies Other key recommendations include the integration of GSTN e-in voicing portal with TReDS as well for smoother underwriting. MUMBAI: The money troubles for MSMEs and small vendors dealing with various government agencies might ease soon as New Delhi ‘factors in’ major changes to the way ...
2021 may be the right time to acquire completed or under development real estate projects The year 2021 is likely to witness acquisition of projects by players with strong balance sheets and partnerships of such players with equity capital providers The year 2021 is likely to witness acquisition of real estate projects by players with stronger balance sheets and partnerships of such players with equity capital providers. With lower asset prices, it would be a good time to enter as equity investor and/ or acquire assets either completed or under development. The credit squeeze for real estate ...
Sunteck Realty poised to register strong growth going forward January 12, 2021 Stock moves up 3 per cent on operational update The Sunteck Realty stock gained about 3 per cent in the bourses today on the back of strong bookings in the December quarter of FY21. During the quarter, bookings increased 7 per cent to Rs 349 crore compared to the same period last year, mostly supported by ready-to-move-in units and units nearing completion. Further, with incentives from the Centre and low interest rates on home loans, the company is positioned to benefit from improving demand conditions. Also, th...