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DLF focuses on housing sales, healthy margins, rental income as growth engines: MD Ashok TyagiDLF Ltd focuses on generating strong pre-sales of luxury homes and increasing rental income from commercial properties. The company expects...
The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
Boxing legend George Foreman's Huffman estate in Texas up for grabs for $6 millionGeorge Foreman's Huffman estate in Texas has been listed for $6 million, nearly 19 months after legendary boxing champion died in March 202...
India, Canada sign commercial deals as both aim to seal trade pact by 2026India and Canada have signed commercial agreements aimed at strengthening trade relations and enhancing economic cooperation. Minister of I...
Dubai bets $1.4 billion on a new financial district after Gulf war slowdownDubai is advancing a significant $1.4 billion real estate project, which includes hotels and office spaces. Although property transactions ...
OBT Sports & Entertainment partners with World Chess Champion D GukeshOBT Sports & Entertainment has formed a partnership with World Chess Champion D Gukesh to manage his brand. This exclusive deal will focus ...
CNN signs multi-year AI partnership with GoogleThe deal marks the first partnership announced since Skydance's merger with Paramount, under CEO David Ellison, who has sought to position ...
In 2019, Todd Interests took over a vacant 52-story bank tower; a $450 million redevelopment turned it into a hotel, apartments and retail hubTodd Interests stepped in at a crucial time when the redevelopment had faced several delays. Before this, Drever Capital Management had pre...
₹1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT DelhiThe Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Depart...
Birla Estates in advance talks to buy Noida plot for Rs 1,000 croreBirla Estates is in talks to acquire a 10-acre site in Noida from the Shipra Group for Rs 1,000 crore. The company intends to build a luxur...
A former Chicago Sears store was converted into 59 apartments. Four years later, it sold for nearly $29 millionA former Sears department store in Chicago’s Ravenswood neighborhood, redeveloped into 59 apartments and retail space in 2021, has sold for...
Property tax waiver extended for residents of this part of Delhi: Check the new deadline to pay taxDelhi property tax: The Municipal Corporation of Delhi has introduced SUNIYO 2.0, an amnesty scheme for homeowners with unpaid property tax...
In 1966, Walmart bought George Washington’s Virginia farm. But locals raised $2.2 million to save his childhood home. Now, it stands as a historic landmarkFerry Farm, the childhood estate of George Washington, faced potential demolition for a Walmart in Virginia. In response, local residents r...
What happened to Danbury's Crowne Plaza hotel? Its 10-story building has found an entirely new purposeDanbury's Crowne Plaza hotel has been redeveloped into an apartment complex called Innovation Studios after years of decline. The project w...
India needs to bridge gap between patent filing and commercialisation: ExpertsExperts highlight the urgent need for India to boost its research and development efforts, linking innovation directly to economic success....
Amitabh Bachchan owns 5 lavish bungalows in Mumbai: From Jalsa to Janak, the meaning behind their unusual namesAmitabh Bachchan's iconic bungalows in Mumbai, including Prateeksha, Jalsa, Janak, and Vatsa, tell the tale of his family's legacy. Prateek...
Beyond cricket! Investors game for sports’ next big betInvestors in India's sports industry are diversifying their focus beyond cricket to include women's sports and emerging leagues. Companies ...
Texas’ 1927 Hawn Hotel closed in 1978 and was condemned in 1989; a $17.6 million rehabilitation converted the vacant tower into 33 housing units and ground-floor commercial spaceThe Hawn Hotel in Temple, Texas, has transitioned from a long-vacant structure to a modern residential and commercial space. Completed in 1...
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
ICICI Prudential AMC buys over 0.5 million sq ft office space in Bengaluru for Rs 626 croreIn a significant investment, ICICI Prudential Asset Management Company has finalized the purchase of a prime commercial property located on...