“(The) industry is completely ready for introduction of the landmark tax reform from July 1, 2017. CII has been calling for a single national tax for the last ten years and we will try to make its implementation as smooth as possible,” said the CII President.
Author: admin (Infratructure Today)
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States urged to notify RERA, have full-time regulators in place
Rajiv Ranjan Mishra, Joint Secretary, Ministry of Housing and Urban Poverty Alleviation, has urged the states to complete the process of notification and appointment of full-time regulators at the earliest for Real Estate Regulation Act (RERA) to positively impact sales and the industryÂ’s profit.
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Godrej Properties sells over 1,000 apartments across three new project launches
Godrej Properties, one of India’s leading real-estate developers, has announced that it has sold over 1,000 apartments across three new project launches — Godrej Origins at The Trees in Mumbai, The Suites at Godrej Golf Links in Greater Noida, and Godrej 24 at Hinjawadi, Pune — since March 2017.
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PM reviews infra performance, calls for adherence to deadlines
Prime Minister Narendra Modi has reviewed the progress of key infrastructure sectors, including roads, railways, airports, ports and coal.
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Kirloskar Brothers felicitated by ISRO for contribution to Hypersonic Wind Tunnel
ISRO Chairman AS Kiran Kumar felicitated Vishnu K, a KBL engineer associated with the project, on behalf of KBLÂ’s Marine & Defence segment.
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TVS MotorÂ’s Q4 profit down 7% to Rs 127 crore
TVS Motor has reported a 6.80 per cent decline in net profit at Rs 126.77 crore for the quarter ended March 31, 2017. It had reported net profit of Rs 136.03 crore in the corresponding quarter of the previous year.
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April cement price hikes indicative of improved profitability, say analysts
According to a few analysts and industry watchers, the hikes in the prices of cement by various cement manufacturers are an indication of a possible growth in volumes and probable profitable for cement makers during the current quarter.
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MEP Infra receives date for Talaja-Mahuva Hybrid Annuity project
MEP Infrastructure Developers Limited has been given April 25, 2017, as the Appointed Date for its Hybrid Annuity project in Gujarat (the Talaja-Mahuva section) in accordance with the Concession Agreement executed with the National Highways Authority of India (NHAI). The project is a part of the Bhavnagar-Veraval stretch.
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Trench Shoring
India is currently witnessing a surge in construction activities, and the objective is to streamline project delivery by reducing risks and mishaps. Keeping this objective in mind, the Bombay Chamber held its first seminar in the 'Infrastructure Innovation Series' in collaboration with SBH Germany on the topic of 'Trench shoring'.
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Moving beyond Smart Cities
An estimated 30 people will leave rural India for urban areas every minute during the next 20 years. At this rate, in the next two decades, most Indian cities are likely to double their size in terms of population and more than double in area.