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Affordable housing faces tough times on rising costs

CHENNAI: Despite reduction of unsold stock inventory and signs of recovery in the affordable housing segment, it has not enthused developers. Poor conversion rates, spiralling construction costs and unsustainable margins are posing a grave challenge to the affordable housing market.This has resulted in several developers keeping away from launching new projects in the segment. Their…

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EXPLAINED: Only one spot left! Mumbai Indians, Delhi Capitals and Lucknow Super Giants in brutal race for IPL 2025 playoffs | Cricket News

Rishabh Pant, Axar Patel and Hardik Pandya (BCCI/IPL Photo) NEW DELHI: Gujarat Titans’ win over Delhi Capitals on Sunday confirmed their place in the IPL 2025 playoffs, along with Royal Challengers Bengaluru and Punjab Kings. Later in the day, Punjab joined the top-tier trio after a hard-fought 11-run victory over Rajasthan Royals at the Sawai…

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‘Byju’s 3.0’ in the pipeline, says founder of troubled company

Byju Raveendran (File photo) BENGALURU: Byju’s founder, Byju Raveendran, outlined plans for what he described as a major reboot of the embattled edtech company, centred around AI-powered personalised learning and a renewed focus on mission-driven education. In a wide-ranging interview on ANI’s podcast with Smita Prakash, Raveendran addressed controversies around his leadership and financial mismanagement…

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India sees growth in mid-market GCCs

BENGALURU: India is experiencing an uptick in mid-market global capability centres (GCCs). The country witnessed over 140 greenfield GCCs come up during the past 30 months, according to data from HR consultancy firm Xpheno’s research. These GCCs initially planned for 70,000 positions, with individual centres targeting between 50 to 3,000 roles.A recent Nasscom-Zinnov report showed…

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