India committed to become 5 trillion-dollar economy by 2025: Vice President

By Accommodation Times Bureau NEW DELHI The Vice President of India, Venkaiah Naidu on September 18, has said that India is committed to build a five-trillion-dollar economy by 2025, making India the 3rd largest consumer market in the world. India has climbed 30 places in the World Bank Ease of Doing Business

Govt invites comments from public on draft cross-border insolvency framework

By Accommodation Times Bureau NEW DELHI The Ministry of Corporate Affairs (MCA), Government of India on Wednesday, invited comments and views from stakeholders on introductory note and draft on ?Cross-Border Insolvency'. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs of aspirational Indian

Good time to invest in Micro – markets

By Accommodation Times Bureau Amit Wadhwani, Director Sai Estate Consultants (Guest Article) Up until now, buyers were taking a wait and watch approach. A lot of new policies and rules were being implemented. However, we can now expect buyers to come back to the market. The overall market sentiment has also improved, which

Shubham Housing Finance raises Rs 305 Cr from Premji Invest

By Accommodation Times MUMBAI Premji Invest a fully owned firm by Wipro, Chairman, Azim Premji, has invested Rs 305 crore into Shubham Housing Finance a low-cost housing finance company. “Out of Rs 305 crore that  Shubham Housing Finance has got from Premji Invest, Rs 70 crore would be paid to some of the existing

Acquisition of HPCL by ONGC

By Accommodation Times Bureau NEW DELHI Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development and Entrepreneurship, on Monday, briefed about the acquisition of Hindustan Petroleum Corp. Ltd (HPCL) by Oil and Natural Gas Corp. Ltd (ONGC). Pradhan informed that “The Government of India entered into an agreement with ONGC on

Piramal Capital to invest Rs 5,000 Cr in real estate

By Accommodation Times Bureau HYDERABAD Piramal Capital on Thursday said to boost its business from real estate segment, it has pledged to invest more than Rs 5,000 crore over the next two years in Hyderabad’s real estate sector. According to Khushru Jijina, managing director, Piramal Finance Limited and Piramal Housing Finance Limited, “We

FinBucket Raises Rs 12 crore From Impanix Capital for business Expansion

By Accommodation Times Bureau NEW DELHI FinBucket.com, a loans and investments marketplace, has raised INR 12 Crore ($2 million) from Impanix Capital. The FinBucket platform helps to connect lenders and borrowers in India more efficiently by providing a user-friendly experience for consumers. It leverages a broader set of data which was not