Mon, May 17, 2021 1:36 PM
Kesoram Industries reports net profit of Rs 167 crore
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FRANKFURT | MADRID: Spain's Santander will exit the mortgage business in Germany and cut around 500 jobs there by the end of 2026 as part of a process to concentrate on more profitable activities, a spokesperson for the lender told Reuters on Wednesday. Germany has been going through its worst real estate crisis in decades.
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FRANKFURT: Building permits for apartments in Germany fell 18.3% in February from a year earlier, government data on Thursday showed, underscoring a continued downturn in demand in the construction and real estate industry. Germany has been jolted by the most severe slump in the property sector in decades. Some 18,200 permits were issued.
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India on Thursday successfully flight-tested the Indigenous Technology Cruise Missile (ITCM) from the Integrated Test Range at Chandipur off the coast of Odisha, the DRDO said. During the test, all subsystems performed as per expectation. Defence Minister Rajnath Singh congratulated DRDO for the successful test flight of the ITCM.
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