Painting Mumbai pink! Record number of greater flamingos recorded in MMR this year

Painting Mumbai pink! Record number of greater flamingos recorded in MMR this year

The number of greater flamingos has been recorded as the highest in the Mumbai Metropolitan Region (MMR) in 2021-22, since the Bombay Natural History Society (BNHS) started annual flamingo monitoring exercises in 2018. According to IE, nearly 54,000 greater flamingos were observed at the Thane Creek Flamingo Sanctuary (TCFS) between December 2021 and March 2022, … Read more

Macrotech IPO opens on Wednesday: Should you subscribe?

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The company’s revenue and sales volume have seen a decline from FY18 to FY20. Synopsis The promoter group will dilute 11.5% stake through the current offering, which means it will have to offload more shares in the future to reduce its stake to 75% or below to abide by the regulatory requirement. Given these factors, … Read more

Govt’s last-mile realty fund clears Rs 10,000 cr investment for 101 stressed projects

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MUMBAI: The government-sponsored and the SBICAP Ventures managed last-mile fund for stressed real estate projects has cleared investments worth over Rs 10,000 crore for 101 proposals approved that will benefit around 71,000 homebuyers across various cities. The fund, Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I), has cleared these … Read more