Feb 22, 2018 - At last, a woman takes centre stage for India's tech industry

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Real Estate sector to see large scale consolidation of Tier II & III developers
The Indian real estate sector, emerging from a prolonged slowdown following the landmark policy initiatives - RERA, GST & Demonetization - is likely to see a large scale consolidation of the tier II and tier III developers in 2018, edging out small developers stressed with unsold inventories and unpaid debt. Year 2017, saw demonetization, RERA and GST create panic among many of the smaller players. For example RERAD Act 2016 (Real Estate Regulatory and Development Act) alone enforces financial discipline, transparency, accountability, customer centricity and compliance in the sector, earlier unheard of among the unorganised, smaller and dubious developers. Similarly, demonetization hit hard on the trend of black money, especially cash transactions in the sector. Experts believe only a handful of players in the Indian real estate industry will be able to ride the tide in the post-RERA and GST Era leading to large-scale exits and consolidation. More:

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UK opens up thousands of visa slots to IT professionals, engineers, teachers

The UK government has tabled changes to its immigration policy, which is also likely to ease the visa regime for businesses who want to hire foreign talent.



Today's TradeBriefs Cartoon

Infosys plans to expand Pune campus to 35000 seats

The EAC put up a condition that Rs 3.45 Crore shall be earmarked under Corporate Environment Responsibility (CER) for the activities such as Education facilities etc.

Three steps to consider before migrating Finance amp; HR to the Cloud

The roles of HR and finance have always been intertwined, but today they are truly converging.

Why you should work at a startup in your early 20s

Each choice offers pros and cons, and as though to complicate these options further, another proposition has sprung up – beginning a career in a startup, an option that appears especially promising for India-based professionals in their 20’s.

MobiKwik invests in Pivotchain for fintech offerings

Mobile wallet company MobiKwik today said it has invested Rs 2 crore in Pune-based data science company, Pivotchain Solutions. The investment will strengthen Mobikwik’s fintech offerings, the company

Need to collaborate with UK, Japan, Germany in artificial intelligence: Report

According to Assocham, setting up digital data banks and exchanges to stream-in information from across industries, will help create an enabling environment for AI-led growth.

IBM sees clients building own internal technology skills

But as digital technologies begin to upend business models, companies want more control over what was previously considered ‘non-core. IBM said the new paradigm was an opportunity.

Start-ups on wish list of fresh techies

Around 700 BTech and MTech passouts received their degrees at the annual convocation of the National Institute of Technology (NIT) Patna on Sunday. Most had been placed in companies with hefty pay packages, while others planned to pursue higher education from premier institutions.

IT, pharma firms' operating margins drop the most in Q4

IT, pharma firms' operating margins drop the most in Q4 - While most of the firms reported in-line operating margins in the last quarter, only a few companies saw any major improvement

Tata, buy-buy: TCS to buy back Rs 16000 crore shares again

Peers may follow suit; IT co to repurchase stock for 2nd year in a row, pay 15% premium.

Bengaluru software engineer rides horse on last day of office to promote 'veganism'; Tweeple were not impressed

It did not take long for people on social media to notice the interesting way Verma found to reach his office. Later on, a video of the same was also posted online.

Lithium ion tech to power Isro's upcoming rockets

India News: THIRUVANANTHAPURAM: Apart from propelling rockets as a power source including upcoming launches with space grade lithium ion batteries, Isro's Vikram .

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