Searched for
PRICE ESCALATION CLAUSES
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...
Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targetsRamaswamy's award, totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is desig...
Buying an EV? Battery subscriptions could cost you moreBattery-as-a-Service models reduce electric vehicle upfront prices for buyers. Recurring battery payments and financing commitments can inc...
Landlord entitled to higher rent if tenant overstays even after seeking more time to vacate property in this situationDelhi High Court ruled that tenants overstaying their lease must pay increased rent as per the agreement, even if they temporarily requeste...
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...
Government may lift price cap on cancer drugs making them costlier by up to 50%India's government is taking emergency steps to ensure cancer patients get vital drugs. Cisplatin and carboplatin, crucial chemotherapy age...
UK Renters Right Act: Landlords can’t use rent increase clause as an indirect means to evict tenants; Here’s the new process of increasing rentBig news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific l...
New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
McKinsey inks 10-year lease in Mumbai’s BKC; deal ranks among India’s costliestMcKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex. The deal involves high rental rates, reflecting sustained d...
- IT hardware industry body Mait seeks exchange rate variation clause in Procurement Bill
IT hardware industry body MAIT today requested the Finance Ministry to include the exchange rate variation (ERV) clause in Public Procureme...
- Confident about maintaining our 6% EBT margin: Ajay Kumar Garg, NBCC
In a chat with ET Now, Ajay Kumar Garg, Director-Finance, NBCC, talks about the company's order book and other numbers on the day of its IP...
- Mumbai realtors insert new clauses in allotment letters
Amid higher costs, slow demand and regulatory hurdles, many builders in the country’s hottest property market, Mumbai, are inserting new cl...
- Confident of achieving top line growth of Rs 7300 cr: YD Murthy, Nagarjuna Constructions
ET Now spoke to YD Murthy, Exec VP-Finance, Nagarjuna Constructions, on his views on the Q1 results and the outlook for the year.
- Macquarie Research initiates 'underperformer' rating on ABB
Macquarie Research has initiated coverage on ABB India with an ‘underperformer’ rating saying ABB has traded at a significant premium to pe...
- Govt approves 'price escalation clause' for power projects
The government has approved compensation for power equipment supplier BHEL for taking a hit due to abnormal rise in prices of inputs for po...
- Cost-hit construction cos go for variable billing plan
Hit by rising commodity prices and increasing interest rates, construction companies are working on alternative ways to keep themselves afl...
- Funds may stay out of road projects as input costs rise
It is the government’s ambitious roads and highways project, including the north-south-east-west corridor and the Golden Quadrilateral.
- 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...