Day: 8 April 2024

Housing under Modi – A 10-year retrospective – NAREDCO-ANAROCK report

Vijay Raman

With reforms, housing demand soars – over 28.27 lakh homes sold in top 7 cities between 2014 to 2023; over 29.32 lakh units launched in the last 10 years AIFs revive hope – from 2019 inception to December 2023, approximately 26,000 homes completed by SWAMIH Fund, 80,000 more to be completed in the next 3 years RERA – approximately 1.23 lakh projects registered across states since inception till date, 1.21 lakh complaints disposed PMAY delivers affordable housing to urban & rural poor – approximately 118.63 lakh homes sanctioned under PMAY(U) till date, 294.86…

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Manta Marine Technologies installs shore power systems for Finnlines’ Finnmaid, Finnstar and Finnlady

Vijay Raman

Manta Marine Technologies (formerly known as Yara Marine Technologies, YMT) has successfully completed installation and commissioning of onboard shore power systems for three Finnlines vessels: the Finnlady, the Finnmaid and the Finnstar. These projects cement Manta Marine Technologies’ reputation as a provider of turnkey shore power solutions, which are likely to see higher take up by the maritime sector as it transitions to a low and zero carbon future. The installations, onboard RINA-classed Finnlines RoPax vessels Finnstar, Finnmaid and Finnlady support Finnlines’ commitment to decarbonise their fleet and reduce the…

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CredAble Achieves a Milestone Aggregate Throughput of USD 8 Billion Across its Working Capital Finance Platforms

Vijay Raman

~ CredAble's annual aggregate throughput has grown by 128% in the last financial year ~ Aims to grow 2x by the end of FY25 ~ Accelerated the average invoice period by 73 days and managed over 2.5 million invoices across its platforms CredAble, India’s largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth USD 8 billion for the financial year 2023–24. The company maintains an industry-leading average invoice period accelerated by 73 days, with over 2.5 million invoices processed on its platforms. CredAble's licensed software serves over…

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Let Personal Guidelines and Proven Effects Mark the Start of your Health Journey

Vijay Raman

Taking a blood test before going on a supplement routine is becoming the new normal for a rapidly growing, health-conscious population. But how can you trust that the results are an accurate representation of what your body needs? Based on anonymous analysis by an independent expert contract lab, Zinzino’s scientific blood spot tests offer detailed readings of your body’s current status and personalized recommendations on how to move forward, improve your well-being and create lasting health.   We are living in the era of personalization where tailor-made products and individual…

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Indian Coast Guard Ship Veera rescues nine injured fishermen

Vijay Raman

Indian Coast Guard Ship Veera, which was on patrol off the Andhra coast, took prompt action and rescued nine fishermen who were seriously burnt and injured when their boat caught fire and sank in the sea on 5 April 2024. ICGS Veera had received a radio message from a nearby fishing boat about a major fire aboard Indian Fishing Boat (IFB) 'Durga Bhavani' about 65 nautical miles off Visakhapatnam port. An Andhra-registered boat, IFB Durga Bhavani, had departed from Kakinada port on March 26, 2024 with nine crew. The boat…

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INS Sharda awarded ‘On the Spot Unit Citation’ for prompt response to piracy attack

Vijay Raman

Chief of the Naval Staff Admiral R Hari Kumar, during his visit to Southern Naval Command, Kochi, awarded the 'On the Spot Unit Citation' to INS Sharda for successfully conducting anti-piracy operations. The ship was involved in the safe release of all 19 crew members (11 Iranians and 08 Pakistanis) of the Iranian fishing vessel Omari, which was taken hostage by pirates off the east coast of Somalia. The ship was tasked with investigating the Iranian fishing vessel Omari which had possibly been hijacked by pirates. Based on Navy RPA…

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