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Top News In அதிகபட்சம் முயற்சிகள் தொழில்கள் Today - Breaking & Trending Today

Lupin share price: Stocks in the news: Lupin, Ruchi Soya, Adani Total Gas, Coal India, Reliance Power and Sun TV


NBCC (India): The state-owned construction company, which is in the race to acquire Jaypee Infratech Ltd (JIL), assured stuck homebuyers that its bid is concrete, fully backed by the government and the PSU will complete over 20,000 pending flats on time as per the schedule.
Reliance Power: The board of ADAG s utility company approved a preferential issue of 59.5 crore equity shares and 73 crore warrants worth Rs 1,325 crore to its promoter firm
Reliance Infrastructure. It aggregates up to Rs 1,325 crore.
Ruchi Soya: The edible oil firm, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed a draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300 crore. The FPO is being launched to meet the SEBI norm of minimum public shareholding of 25 per cent in a listed entity. ....

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Max Ventures gains after subsidiary commercializes metallizer line


Max Ventures and Industries rose 3.99% to Rs 56 after the company said its subsidiary Max Speciality Films has commercialized its new advanced metallizer line.
Max Speciality Films (MSFL) manufactures specialty packaging films. In December 2020, MSFL had said that it would be installing two additional metallizer lines.
MSFL has commenced first of the two metallizer lines today (20 April 2021), Max Ventures said in a statement.
These two additional metallizer lines were planned as a part of MSFL s strategy to continue to embark on its specialty journey. Planned with a total capex of Rs 60 crore for two lines (Rs 30 crore for each), these metallizer lines will enable MSFL to enhance its value-added specialty product portfolio. ....

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Max Asset Services launches Workwell Suites at Max House, Okhla


Max Asset Services (MAS), a subsidiary of Max Group s listed entity Max Ventures & Industries, announced its entry into the Managed Office Spaces business with the
launch of WorkWell Suites at the newly developed office complex Max House, Okhla.
The company plans to operationalize nearly 2 lakh sq. ft. of managed office space in the Delhi
NCR over the next 3 years. Max Asset Services has planned a low capex model for building this
capacity. Managed Office Spaces is gaining due to the increasing acceptance in companies, of
flexible office spaces as a rental option. Flexible workspaces as a segment has grown rapidly to ....

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Max Estates leases nearly 90% office space at Max Towers


Max Estates, a subsidiary of Max Group s listed entity, Max Ventures & Industries announced it has leased ~80,000 (79,933) sq ft. at its
flagship Grade A office complex, Max Towers, Noida to Cyril Amarchand Mangaldas (CAM), one of India s leading legal firms. It has also leased ~7,300 sq. ft. to DBS.
Max Estates had recently announced leasing of ~62,500 sq. ft. to Yes Bank at Max
Towers.
In addition, it has also leased ~25,000 sq. ft. at Max Towers to Indian Energy
Exchange (IEX), India s first and largest power trading platform. This takes
the total leased area at Max Towers to nearly 90% of the total ~5.3 lakh sq ft. ....

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Demand for affordable housing to rise on extension of tax sops: Realtors


The government s decision to extend additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022 and tax holidays on affordable housing projects in the Budget will boost demand for residential properties, according to real estate developers and consultants.
However, builders were disappointed as the finance minister did not consider many demands, including industry/infrastructure status, single-window approval for projects, input tax credit on GST and extra allocation in stress fund.
The chairman of realtors apex body CREDAI, Jaxay Shah, said this will boost overall demand for affordable housing, the fastest growing segment for the real estate sector.
The proposed amendments to allow debt funding through REITs would help in attracting more investments in real estate sector, CREDAI President Satish Magar said, adding that the proposal to make dividend payments to REIT exempt from TDS would encourage retail investors to explore investment opportunit ....

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