Mumbai, realty firm Macrotech Developers Ltd is set to acquire new land parcels through joint development agreements with landlords this financial year to create housing projects as part of its expansion plan to capitalize on the surge in demand for residential properties. Will invest Rs...
New Delhi: Realty firm Macrotech Developers is not in a "rat race" to become the top builder in terms of sales bookings and will focus on achieving consistent and predictable growth with high profit margins, said its MD and CE Abhishek Lodha. ,Macrotech Developers, which markets its properties...
The decision came after Agarwal criticized Microsoft-owned professional network LinkedIn for removing his posts without notifying him."Since LinkedIn is owned by Microsoft and Ola is a large Azure customer, we have decided to move our entire workload off Azure to our Crutrim cloud next week,"...
New Delhi [India], The Reserve Bank of India (RBI)'s proposal to set aside 5 per cent of loans for construction projects, much higher than the earlier 0.4%, has raised concerns among builders. However, the proposal also provides that it will be reduced to 2.5% once the project becomes...
Noida, Greater Noida Industrial Development Authority (GNIDA) on Wednesday held a meeting with real estate developers of industry body CREDAI, directing them to pay the dues soon and ensure registry of flats in several projects in the area.With long pending registries and delay in possession...
Mumbai, City-based Suraj Estate Developers has reported a more than two-fold increase in its profit after tax for 2023-24 at Rs 67.5 crore compared to Rs 3 crore last year.According to BSE filings, total income grew 35 per cent to Rs 415.7 crore in FY24 from Rs 307. crore last year.The...
New Delhi, IRB Infrastructure Developers on Tuesday reported 29 per cent rise in revenue from toll operations to Rs 503 crore during April 2024.The company said in a statement that in the same month last year, it had earned revenue of Rs 388 crore from toll collection.“After seeing a 24 per...
New Delhi: Macrotech Developers will launch 17 residential projects with a revenue potential of Rs 12,000 crore this financial year to boost its sales, with bookings set to reach record levels in 2023-24 due to strong demand.According to the investor presentation, Macrotech Developers – which...
Abu Dhabi [UAE], The Organizing Committee of ACRES Real Estate Exhibition announced the completion of its preparations for the launch of the inaugural edition in Dubai, which is scheduled to take place at the Dubai World Trade Center from 16 to 19 May this year. Spread over 6000 square metres...
NEW DELHI: Ola's AI platform Crutrim will compete with the global technology major in building energy-efficient data centers and providing cloud services at low cost for the development of artificial intelligence, its founder Bhavis Agarwal said.Speaking at an event, Agarwal announced Krutri...
The cloud platform will provide developers with access to AI computing infrastructure, Crutrim's foundational models, and open-source models.The Crutrim AI Assistant app, built on the company's own Large-Language Mode (LLM), will make it easier for everyone to leverage the power of AI, the...
The company said developers of free apps without monetization will not have to pay the new core technology fee (CTF) introduced in the EU."Only developers who reach significant scale (more than one million first annual installs per year in the EU) pay CTF," Apple said in an update.Non-profit...
The company has already selected two game developers as part of the group and is now inviting more applications to join the initiative. Applications to join KIGI's current cohort are now open.Anuj Sawhney, Head of Crafton Indie Incubator Program and India Publishing Advisor, said, “We are...
MUMBAI: Developers in Maharashtra will soon have to specify finer details about amenities in housing projects and a time frame by when they will be available for buyers to use, the state real estate regulator said on Monday.According to a statement, real estate watchdog, MahaRERA, has proposed...
New Delhi: Realty firm Macrotech Developers will increase its investment to more than Rs 5,000 crore this financial year on building projects in line with growth in sales and new supply, its MD and CEO Abhishek Lodha said.Macrotech Developers, which sells properties under the Lodha brand, aims...
New Delhi: Realty firm Macrotech Developers aims to sell properties worth Rs 17,500 crore during the current financial year, up 21 per cent from the previous year, as the company expects housing demand to remain strong, its M And CEO Abhishek Lodha said.Macrotech Developers, which sells its...
HashiCorp's capabilities will create significant synergy for IBM across several strategic growth areas, including Red Hat, WatsonX, data security, IT automation and consulting, the company said in a statement."Enterprise customers are grappling with unprecedented expansion of infrastructure...
New Delhi, Realty firm Macrotech Developers on Wednesday reported an 11 per cent decline in March quarter consolidated net profit at Rs 665.5 crore.However, the company's profit for the full financial year increased three-fold to Rs 1,549.1 crore.Its net profit for the fourth quarter of...
VMP Mumbai (Maharashtra) [India], April 23: CREDAI-MCHI, the apex body of the real estate industry in the Mumbai Metropolitan Region (MMR), successfully organized “Buildverse”, an event focused on promoting understanding and compliance towards real estate. Is. (Regulation and Development) Act...
WASHINGTON (AP) — Tech giants Cognizant and Microsoft on Monday announced a partnership with the goal of making generative AI and Copilot available to millions of users to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation.As part...