Icra sends CEO Naresh Takkar on leave

“Pending the completion of the examination of the concerns raised in the anonymous representation that was forwarded to the company by Sebi, the board decided to place Naresh Takkar on leave, effective immediately,” Icra said in a regulatory filing. Continue Reading

GST-hit realty JD projects reduce 22% in 2018: Study

Chennai: Challenges posed by the Goods and Services Tax (GST) has hit joint development (JD) launches in FY18, even as share of real estate projects launched under the model has increased significantly over the years, a report said. Continue Reading