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PRICE ADJUSTMENT CLAUSES
India’s PE market turns tougher as buyers seek more protection: Khaitan & Co SurveyIndian private equity buyers now demand greater seller protection and price adjustments. Purchase price adjustments rose significantly, ref...
5069 sq ft advertised, 3900 sq ft delivered : Telangana RERA orders Rs 20 lakh refund for homebuyer and Rs 98 lakh penalty for builder. Know what happenedAs per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area...
Dubai-based homebuyer cancels 2 Mumbai flats after long delay, but builder kept him waiting for refund and wanted to deduct charges: MahaREAT orders full refund + Rs 1.33 crore in interestDubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays p...
Convert, split, pledge: How share capital is used as a tool and trick to manipulateA tiny number of shares can sometimes set the "price" for the entire company. And a price built on almost no real trading is exactly the ki...
Finance ministry asks ministries to move from WPI to PPI in future contractsThe finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI...
ETMarkets Management Talk | SIS bets on healthcare, BFSI, manufacturing for next leg of security growth: Rituraj SinhaFor SIS, this transition is opening up a fresh growth opportunity across sectors such as healthcare, BFSI, manufacturing, logistics, e-comm...
REIT, InvIT investors can benefit if trust switches income tax regime: Know how maximum effective tax rate of 34.94% under old tax regime comes down to 28.60% under new tax regimeEffective tax rate of 34.94% under old and 28.60% under new tax regime; know how REIT, InvIT unitholders can benefit if trusts' switch tax ...
PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
Govt to replace WPI with Producer Price Index for future procurement contractsIn a bid to modernize inflation measurement, the government is set to replace the Wholesale Price Index with the Producer Price Index for f...
RBI directs banks to restrict capital market exposureThe RBI's move comes in response to changes in the settlement cycle introduced by stock exchanges, shifting from T+2 to T+1 rolling settlem...
LTCG tax: How to save long-term capital gains taxInvestors can set off their long-term and short-term capital loss against long-term capital gains. This minimises the tax liability and onl...
Shaily Engineering board approves 1:5 stock split. check detailsThe company further said the rationale of the split is to increase the floating number of shares in the hands of public shareholders, incre...
Kalpataru Power wins arbitration award of $32 million against Rwanda Energy GroupThe dispute was over a contract to install and commission a 220 KV power transmission network interconnecting the Democratic Republic of th...
Coal India to have inbuilt price adjustment formulaPeople who are dealing with the plans said CIL will have the option of passing on increased input cost to the users, helping it maintain ma...
WTO negotiation: America, India tread the path of multilateralismWhen WTO negotiations resumed on September 1 after a recess issue of Trade Facilitation Agreement and India’s stance was top agenda.
- Power ministry rectifies order on UMPP limit for a company
The power ministry has hurriedly brought back restrictions on the number of ultra mega power plants (UMPP) a company can build.
- Bid norms for ultra mega power plants may get more stringent
The draft bidding documents for the new 4,000-mw projects made bidding more stringent with higher performance guarantees and tough eligibil...
- RIL may tweak draft gas sales agreements
Reliance Industries (RIL), which had sent draft gas sales purchase agreements to its fertiliser consumers, is likely to tweak some of the m...
- RIL likely to change gas sale agreements
RIL is likely to tweak some of the major clauses in the agreement to address the concerns raised by these companies.
- Highway builders seek price escalation costs from NHAI
Construction firms including Larsen & Toubro, Gammon India and Unitech have demanded that National Highways Authority of India (NHAI) shoul...