Latest news with #Rs900
Hans India
5 days ago
- Business
- Hans India
DLF-Trident Realty sells 416 flats in Mumbai for Rs 2,300cr
New Delhi: India's largest realty firm DLF Ltd and Trident Realty have sold all 416 flats for around Rs2,300 crore in a luxury residential project in Mumbai on high demand. In a regulatory filing on Friday, DLF said that the entire 416 units launched in the first phase of 'The Westpark' project has been sold for Rs2,300 crore in less than a week. DLF arm DLF Home Developers Ltd is developing this project at Andheri West in partnership with Trident Realty. 'Our entry into Mumbai represents a significant strategic milestone for DLF,' said Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd. 'Mumbai has always been a key component of our national growth strategy, and with the launch of The Westpark, we are proud to offer a development that resonates with the aspirations of the city's discerning residents,' he added. DLF and Trident Realty will invest around Rs900 crore to develop this luxury housing project at Andheri (West). The company launched the first phase of this 5-acre project in a price range of Rs42,000 per sq ft to Rs47,000 per sq ft. It sold flats in a range of Rs4 crore to Rs7.5 crore. In July 2023, DLF had announced its re-entry in Mumbai market by partnering with NCR-based builder Trident group. Then, DLF had said that the company would hold a 51 per cent stake in the special purpose vehicle (SPV) which will develop this project.
Business Recorder
09-07-2025
- Business
- Business Recorder
Gas tariffs: Millions face significant hike
Most media outlets reported the latest gas price notification with a single headline takeaway: gas prices remain unchanged across domestic consumer categories. That's only partly true. While the base tariff per MMBTU may not have changed, two key revisions — one of which has been introduced subtly — will result in higher gas bills for millions of households, even at zero consumption. First, the government has quietly done away with the fixed Rs107 minimum monthly charge for domestic users. In its place is a new rule that ties the minimum bill to the first tariff slab of each category. For protected consumers, that translates into a minimum energy charge of Rs181. For unprotected consumers, the minimum charge is now Rs452, up from Rs177 previously. In both cases, the new minimum is now linked to tariff rates and will rise automatically with future slab revisions — a clear departure from the static number of the past for both categories. Second, the fixed monthly charges — which are payable regardless of usage — have also been raised. For protected users, the fixed charge is now Rs600/month, up from Rs400 — a 50 percent increase. For unprotected consumers in low consumption slabs, the fixed charge has risen from Rs1,000 to Rs1,500. When combined, the impact is far from minimal. For protected consumers, the minimum monthly bill — even at zero gas usage — has risen from Rs645 to Rs968, a 50 percent jump. For unprotected consumers, the minimum bill has increased from Rs1,436 to Rs2,350, an almost Rs900 spike. These jumps are independent of any increase in gas consumption or base tariff — and yet, they've received little attention. The number of protected and unprotected users is not publicly disclosed, but latest available data suggest that 66 percent of domestic consumers fall within the first two consumption slabs — the very slabs now facing the biggest hikes in percentage terms. This means that even without a change in base tariff, the effective gas burden on a majority of households is going up. Of particular interest will be how the Pakistan Bureau of Statistics (PBS) treats this change in its inflation calculation. In past episodes, the PBS has often misclassified or underreported the true impact of utility price changes, especially when adjustments come through changes in fixed or minimum charges rather than base tariffs. Given that the lower consumption slabs largely overlap with the bottom three quintiles in CPI measurement, it is critical that the PBS correctly accounts for the rise in minimum gas bills — or risk underestimating inflation faced by the most vulnerable. The notification may have avoided headlines, but for millions of households, the bill will do the talking. Copyright Business Recorder, 2025
Business Recorder
08-07-2025
- Politics
- Business Recorder
Senate panel: ‘reproductive health education' issue causes outcry
ISLAMABAD: The Senate Standing Committee on Education witnessed unprecedented outcry as legislators from both sides of the aisle clashed over the controversy of proposed inclusion of reproductive health education in the national curriculum. PPP Senator Quratulain Marri proposed the inclusion of reproductive health topics in school textbooks, arguing the subject is driving children to seek misleading and harmful information online. Senator Bushra Anjum Butt chaired the committee meeting held on Monday in the Parliament House. Senator Marri was of the view that the young girls must be well aware of reproductive health and receive proper guidance before marriage. Chairperson Senator Bushra Anjum Butt questioned the appropriate age group for such content, voicing concern about introducing potentially sensitive topics too early in students' academic lives. Other committee members echoed these concerns, suggesting that the material could conflict with cultural and religious values if not carefully tailored. The committee deliberated in detail the Federal Supervision of Curricula, Textbooks and Maintenance of Standards of Education (Amendments) Bill 2025, moved by Senator Marri. After extensive debate on sensitive aspects, particularly age limits for reproductive health education the bill was deferred for further input. While senators, Kamran Murtaza and Gurdeep Singh rejected the bill outright, other members suggested amendments, including setting the age for reproductive health education at 13 or 16 years, respecting cultural sentiments and local context. 'The intention is clear: to curb child abuse, misinformation on the internet, and ensure that 'reproductive health education' equips children with accurate knowledge about their physical, mental, and social well-being,' the chairman emphasised. Opening with the compliance report on the Pakistan Institute of Fashion Design (PIFD), the committee reviewed the ministry's progress on amendments directed in its previous sittings. The proposed changes include ensuring 33 per cent women representation in the Senate of PIFD, in line with the Prime Minister's Office directive for all federal bodies. Furthermore, the new clause proposes that the vice chancellor's appointment be restricted to a four-year term, with no extensions, but open to competitive re-selection. 'This will lead to transparency and credibility — we don't want heads to be bigger than the institutions themselves. Legislation should solve problems, not create them,' the chairman remarked. She also stressed that a mandatory quarterly Senate meeting must be held to maintain checks and balances and sought a complete list of federal institutions where vice chancellors have served beyond one or two terms. On the agenda item moved by Senator Sarmad Ali regarding provision of free milk in ICT educational institutions, the ministry officials acknowledged the noble intent but highlighted cost implications — estimating a requirement of Rs900 million— and potential food safety risks due to milk's perishable nature. The committee decided to review the Punjab Government's provision of free milk model and invited stakeholders, including representatives from leading companies, to deliberate on sustainable frameworks. Copyright Business Recorder, 2025
Hans India
25-06-2025
- Business
- Hans India
Gold declines Rs 900, Silver falls by Rs 1,000
New Delhi: Gold prices plummeted Rs900 to Rs98,900 per 10 grams in the national capital on Tuesday as the expectations of a ceasefire between Iran and Israel reduced the precious metal's safe-haven appeal in the global to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs99,800 per 10 grams in the previous market session. Gold of 99.5 per cent purity depreciated by Rs800 to Rs98,300 per 10 grams. It had finished at Rs99,100 per 10 grams on Monday. 'Gold is under pressure as safe-haven demand eases after the US confirmed a full ceasefire between Iran and Israel. The announcement came shortly after Iran attacked a US military base in Qatar, briefly heightening tensions before quickly calming them.
United News of India
21-06-2025
- Business
- United News of India
BudgetPe's Digital Magic: Ankit & Rohit Fuel Rs 1,500 Cr Growth in 12 Months
New Delhi [India], June 20: In a bold stride toward India's renewable energy goals, Gruner has emerged as a formidable player in the compressed biogas (CBG) sector, securing ₹1,500 crore across 30 strategic projects, including ₹1,100 crore from a leading conglomerate and ₹400 crore from individual investors. With an ambitious rollout across seven high-priority states and a projected annual output exceeding 88,000 tonnes of CBG, the company is reshaping the clean energy landscape. At the core of this momentum is a transformative digital growth strategy powered by BudgetPe, which helped Gruner scale its workforce from 900 to over 2,500 employees and laid the groundwork for ₹5,000 crore in project launches for FY 2024–25. This is not just a growth story—it's a case study in how precision marketing, data-led storytelling, and strategic execution can unlock capital, build credibility, and catalyse national-scale impact. Highlights: These projects span key locations across India—Navsari (Gujarat), Ayodhya (Uttar Pradesh), Satna (Madhya Pradesh), Balasore (Odisha), Yavatmal (Maharashtra), Vijayawada, and Rajahmundry (Andhra Pradesh)—with a projected combined output of 88,000+ tonnes of CBG annually. The company's team has grown from Rs900 to over 2,500 employees, with plans to launch 100 new projects targeting ₹5,000 crore in FY 2024–25. The BudgetPe Playbook: Strategy Meets Execution Led by Ankit Sharma (Co-founder & Head – Sales & Strategy) and Rohit Kumar (Co-founder & Head – Operations & HR), BudgetPe designed and implemented a digital-first growth engine to position Gruner as a market leader: Data-driven content that built Gruner's thought leadership in eco-innovation High-impact lead generation campaigns across key digital platforms to attract large-scale investors Strategic webinars and LinkedIn content that boosted industry credibility and visibility Agile campaign execution aligned with real-time growth goals and investor behavior Impact That Speaks A Model for Digital Success in Renewable Energy This partnership showcases how a well-executed digital marketing strategy can unlock massive potential in sectors like renewable energy. BudgetPe helped translate digital engagement into real investment, enabling Gruner to operate with startup agility while scaling like an enterprise. Media & Partnership Inquiries
