MUMBAI/DELHI: Niche luxury brands like Italian suit maker Kiton and British shoemaker John Lobb have started bespoke made-to-order services in India, but they are in no hurry to open swanky stores in the country. Reason: inability to find a place on the right location at reasonable rates. “Rentals in India are as high as international markets, but the demand is not as much,” said Pratik Dalmia, founder of Mumbai-based Regalia Luxury, which has the rights to market and sell Kiton and John Lobb brands in India. Steep rentals and lack of quality retail real estate at strategic locations near high-income neighbourhoods are making it hard for luxury brands to expand […]

MUMBAI: Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report. The opening up of the sector to foreign direct investment in 2005 initiated the entry of new avenues for funding, and capital inflow witnessed a spike, property consultant CBRE said in its report titled ‘Inflection Point: Ten years of organised real estate in India (2005-2014)’. Restrictive legislations till 2004 provided limited scope of funds for the sector. However, opening up of the sector to FDI in 2005 opened up new avenues for investment, […]

MUMBAI: US private equity firm Kohlberg Kravis Roberts & Co has made its entry in the country’s real estate sector by finalising investments of Rs 750 crore in two property projects. KKR has struck a structured debt transaction for Rs 400 crore for the Bhartiya Group’s integrated township project in Bangalore, two people with direct knowledge of the transactions said. It also agreed to provide a Rs 350 crore structured loan to the Wadhwa Group’s luxury home project in west central Mumbai, they said. The group will use the money to repay other lenders of the project, where the cost of apartments ranges from Rs 1.5 crore to Rs 10 […]

BANGALORE: When Sameer Rana was looking for a dream property last month, he was spoilt for options in the real estate market. Yet, the 44-year-old investment banker was not sure whether he had all the information to spend Rs 2 crore on an apartment. “Is the area safe? Are the nearby schools good? Will the builder give possession of the house on time? All such questions plundered my mind and I did not have the time to go through every property myself to decide,” Rana said, adding, “Brokers could not be trusted.” But now online start-ups, including Housing-.com, PropTiger, and CommonFloor, are setting up their own teams, data science labs […]

The Mumbai Metropolitan Region Development Authority (MMRDA) has begun the construction of 3.1 km-long new Metro Line 7A. The proposed metro corridor would comprise two stations and would connect Line 7 with the Chhatrapati Shivaji International Airport. The Mumbai Metropolitan Region Development Authority (MMRDA) has commenced the development of the Metro Line 7A.  The reach of the new metro would be 3.1 km, out of which 2.1 km-long section would be underground and would include a twin-tunnel. The corridor would establish connectivity between Metro Line 7 and the Chhatrapati Shivaji International Airport. Other areas that are expected to benefit from the improved connectivity include Andheri and Dahisar (East). According to an MMRDA […]

Bengal has rationalised property valuation by doing away with the discrepancies between the registration authorities and their actual market value. The move comes into effect across Kolkata and suburbs , sources in real estate body Credai said. Earlier, the registered value of a property was anywhere between 10 and 50 per cent higher than the prevailing market rate. The difference between the market rate and the registered value was deemed as income and taxed. “As a result of this discrepancy many people were either holding back their purchases or not registering their properties ,” Harsh Patodia, President, CREDAI-Bengal, said. http://www.thehindubusinessline.com/news/credai-hails-rationalisation-of-property-valuations-in-bengal/article5614557.ece

HOWRAH: With an eye on boosting revenue, the Howrah Municipal Corporation announced a partial waiver for property and commercial tax on Tuesday. Under the waiver scheme, no penalty or interest need to be paid. The KMC has already enforced such a scheme and has benefited greatly, said Howrah mayor Rathin Chakraborty. He said the last board, controlled by the Left Front, bungled in tax collection, resulting in tax default of around Rs 200 crore. “The state is supporting us, but we must be self-sufficient. The tax outstanding will be collected without burdening civilians,” the mayor added. http://timesofindia.indiatimes.com/city/kolkata/Howrah-Municipal-Corporation-announces-partial-waiver-of-property-and-commercial-tax/articleshow/31431111.cms

Kolkata is all set to turn into a blue-and-white city during the Mamata government. The Kolkata Municipal Corporation (KMC) announced Monday that if you paint your house’ exterior blue-and-white, you will be fully exempted from paying property tax to the government. The Trinamool Congress-run KMC has come up with a proposal to waive the property tax for 2014-15 if a residential building or house is painted in the party’s favorite color combination — white and sky blue. “We will allow full waiver of property tax for 2014-15 if anybody wishes to paint his/her house or even apartment buildings, of course residential, in white and sky blue – the theme color […]

PUNE: Across the city, the rush to pay the annual property tax in advance and avail the discount has swelled the Pune Municipal Corporation coffers. Over 4.50 lakh property owners, who paid the tax before May 31 and availed of the 10% discount, helped the civic body collect Rs 400 crore in two months. “More than 50% of property owners paid the tax in the first two months of the new financial year. The good response to the scheme is due to the awareness programmes the administration undertook. The efforts to provide bills at the doorstep of residents helped boost collection. A maximum number of bills were sent to the […]

Few that have bought or even rented real estate in India would be surprised by a recent survey showing the property market here can be maddeningly murky. Jones Lang LaSalle’s Global Real Estate Transparency Index showed that while things have improved, Indian cities still have to work on transparency. The Chicago-based real-estate consultant said India needs to go further to create more clarity on the rules connected to property purchases and real estate prices. “India still scores among the lowest in the transparency of its transaction process,” the report said. Jones Lang LaSalle looked at just over 100 markets around the world and rated them on a dozen parameters ranging […]

BANGALORE/MUMBAI: After a lull of nearly three years, sale of large land parcels is picking up across the country amid a general improvement in sentiment on expectations that the new government will focus on infrastructure development. Not only developers but private equity (PE) players, too, are keen on joining hands with builders to acquire land parcels at fair valuations without having to pay a premium as corproates try to unbolt the value of their real estate properties, inspiring the realty market out of its trance. Some of the builders looking for sewing large land transactions include Tata Housing Development Company, Oberoi Realty and Runwal Group in Mumbai, DLF in Delhi, […]

CES 2014, LAS VEGAS – HARMAN, the premium global audio and infotainment group (NYSE:HAR), today announced at the Consumer Electronics Show (CES) that GRAMMY Award-winning, multi-platinum alternative rock band Linkin Park will be the new brand ambassadors for the Infinity brand. Reflective of a common history of pushing boundaries, challenging convention, and producing cutting-edge sound, the exclusive five-year partnership between Linkin Park and Infinity will go beyond advertising to include collaboration in product design. To mark the new relationship, Linkin Park will help unveil a sneak peek of two all-new Infinity product lines – the Infinity Reference Loudspeakers Series and the brand’s first portable wireless sound system, called Infinity One.

CES 2015, LAS VEGAS – HARMAN, the premium global audio, visual, infotainment and enterprise automation group (NYSE:HAR), introduced today at CES 2015 the Infinity® BassLink SM, the latest subwoofer in the BassLink line. The compact under seat subwoofer is designed to reinforce the low-end bass performance in vehicles and put the richness back into the music.

CES 2016, LAS VEGAS – Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the newest version of Infinity® Reference Speakers and...

CES 2016, Las Vegas – Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the next generation of the Infinity® Kappa Series Subwoofers. The...

CES 2017, Las Vegas – January 4, 2017 - Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the Infinity BassLink DC compact powered ...

From April 4-7, JBL and Toyota joined forces for an epic snow-covered party to remember. 250 music lovers, media, and influencers attended the ‘Sky High’ JBL Snow Party in a spectacular setting in the French Alps. Snow Party guests enjoyed a ...

Digital innovations are shaking up the hospitality industry with the help of technologies such as artificial intelligence that are unlocking new and better customer touch points and experiences. When hospitality providers deploy AI-powered technologies,...

Since Samsung’s acquisition of HARMAN less than two years ago, the two companies have worked closely to create and implement connective technologies that align with what consumers want today – and in the future. As technology grows ever more capable,...

For its 69th edition, basketball enthusiasts across the country gathered in the Windy City and home of the Chicago Bulls, to celebrate the National Basketball Association’s (NBA) annual All-Star Celebration.     As a proud and longstanding partner of...

CES 2020, LAS VEGAS – JANUARY 6, 2020 – No wires? No problem. JBL continues to elevate its true wireless headphones portfolio by adding two more options to their existing lineup. Whether it’s window shopping on city streets, commuting into the office, or...

BENGALURU, INDIA – HARMAN International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced that it has opened a new center of competence (CoC) for HARMAN’s...

Sustainability is a key component to everything we do at HARMAN. A good example of that is our manufacturing plant, located within Chakan, the industrial area in Pune, India. Inaugurated in 2014 as our first manufacturing plant in India, it has a ...

By Dr. Cristina Bettencourt, Head of HARMAN University   At HARMAN, we owe every degree of our success to our talented and dedicated employees. While we already have extraordinary talent across all of our operations, we never stop trying to improve by...

Sensuous and unique, the smooth white structures of the John F. Kennedy Center for the Performing Arts new, 21st century The REACH complex promises a different sort of experience than its more formal neighbor. Featuring innovative indoor and outdoor...

What do KITT from Knight Rider, the Batmobile and Doc Brown's Delorean from Back to the Future all have in common? All three ignited our imaginations about what is truly possible within the automotive realm. But, when those cars first entered pop...

With the 2019 National Cybersecurity Awareness Month (NCSAM) upon us, we decided to get the latest download on the state of cybersecurity in the automotive industry from HARMAN’s Vice President & General Manager of Automotive Cybersecurity, Asaf Atzmon....

For over 70 years, HARMAN has been at the forefront of the some of the most groundbreaking megatrends in the audio and automotive technology industries – from the first home stereo receiver to in-car radios to today’s sophisticated digital cockpits. Now,...

Helen Keller, author, lecturer, and political activist, once said, “Alone, we can do so little; together, we can do so much.” For over sixty years, HARMAN has demonstrated our passion for working together to support the communities where we live and work...

360° JBL sound. Vibrant lightshow. JBL’s Pulse 4 is here; party time or chill, you create the mood. From living room to beach party (and everything in between), the new JBL Pulse 4 provides incredible sound, with visuals to match.

360°-Sounderlebnis mit dynamischen Lichtshows! Das ist der JBL Pulse, der ab sofort in der vierten Generation verfügbar ist. Ob Party-Modus oder einfach zu m Chillen, der JBL Pulse 4 schafft die perfekte Stimmung. Im Wohnzimmer oder am Strand (und überall dazwischen), der neue Lautsprecher garantiert unglaublichen Sound und die passende Atmosphäre.

Women's Equality Day began in 1920, as a celebration in the United States of the momentous adoption of the 19th amendment, which allowed women to vote. Although women have made tremendous progress in their fight for equality, there is still a lot of work...

360° JBL sound. Vibrant lightshow. JBL’s Pulse 4 is here; party time or chill, you create the mood. From living room to beach party (and everything in between), the new JBL Pulse 4 provides incredible sound, with visuals to match.

STAMFORD, CT – September 14, 2016 –HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced it will showcase additional sensor functionality for the...

AUTO CHINA 2014, BEIJING -- Harman International Industries, Inc. (NYSE:HAR), the premium global audio and infotainment group, announced today it has entered into an agreement with China’s Tsinghua University to establish a new joint research laboratory focused on creating disruptive innovations for future vehicles.

We’re only just grasping how cosmic black holes and Einstein’s theories relate – and that deepens our sense of wonder, says Chanda Prescod-Weinstein

A bold new perspective suggests space-time isn’t a fundamental entity but emerges from quantum entanglement, says physicist Sean Carroll

Weird liquid knots can self-assemble into crystals that are tough to untie, which could make for screens that use less energy to store and display information

The luminiferous aether has become a byword for failed ideas. Now it is being revived to explain dark matter and dark energy, and potentially unify physics

Schrödinger's dead-and-alive cat embodies the uncertainty of the quantum world. But whether parallel realities truly exist is a question less of science than belief

Even a total vacuum is full of strange quantum fluctuations, which have now been caught making heat leap across empty space for the first time

Science-fiction sitcom Rick and Morty is back for season four and the hapless duo are up to their usual intergalactic tricks. But how realistic is the show's use of obscure scientific concepts and futuristic technology?

It’s the ultimate scientific quest – to understand everything that there is. But the closer we get, the further away it seems. Can we ever get to grips with the true nature of reality?

What our senses allow us to experience may not reflect what actually exists. It may be a creation of our own consciousness, or a computer simulation designed by superintelligent beings