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  • Bihar bridge collapse: Patna HC slams laxity of govt, contractor

    The high court directed the state government to submit the action taken report on the issue, while asking the managing director of the firm constructing the bridge to remain present before the court

  • Noida wall collapse: Contractor didn't act on complaints about structure being weak, say workers

    Four construction workers died while eight sustained injuries after they got buried in the wall collapse at Jal Vayu Vihar in Sector 21 of the city, according to officials.

  • New contractor selection process will enhance transparency, efficiency

    This is a good beginning to infuse quality and move away from the default lowest-bidder-wins (L1) method. A lot, however, will depend on the design of the QCBS method for specific projects and the way the weights are assigned and appraised 

  • Niranjan Hiranandani guides: How should home buyers decide which project to buy

    How should home buyers decide which project to buy in. In this segment Niranjan Hiranandani provides his manual for home buyers as well as talks about his retirement plans. Will he retire soon or has he re-tyred himself?

  • Principal employer, not contractor responsible for construction workers’ pay

    Labour secretary M Sathiyavathy, on February 8, 2017, clarified that the payment of workers’ statutory dues in the construction sector, is the sole responsibility of the principal employer. Addressing the 42nd Annual Day celebrations &#82

  • GST implications for real estate

    The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended &#82

  • Pension fund can grow up to 20% of country's GDP: KK Jalan

    Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant G Contractor, who was also present in event, said that the Indian pension system has a very inadequate social security set up and needs to be increased.

  • PFRDA pitches for investing 50% pension funds in stock mkt

    Currently, the proposal is lying with the government for consideration and PRFDA is actively following it, he said. Contractor said it is one of the recommendations of the G N Bajpai committee stating the investment of pension funds into stocks market should be enhanced.

  • Govt may let state pension funds invest more in stocks

    Hemant Contractor, head of the Pension Fund Regulatory and Development Authority (PFRDA), told Reuters he was pushing for state pension funds to be allowed to invest up to half of their funds in stocks, up from the current 15 percent.

  • NRIs can invest in NPS: PFRDA

    "There was some ambiguity about whether to add NPS as eligible investment by NRI. So, we took up the matter with RBI and very recently they have given this clarification that NPS like insurance and mutual fund could also be eligible investment for NRIs, Hemant Contractor said at an event organised by PFRDA here.

  • Unity Infra current order book at Rs 3572cr

    In an interview with CNBC-TV18’s Anuj Singh and Latha Venkatesh, Yogen Lal, COO of the company, gave his perspective of the third quarter performance and divulged future plans.

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