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Embassy REIT raises Rs. 36.8 billion (USD 501 million) unit capital through an institutional placement of units

The institutional placement launched on December 15, 2020, and witnessed strong demand from both existing as well as new institutional investors.

Embassy Office Parks is India’s first publicly listed Real Estate Investment Trust (REIT).(Embassy REIT)
Published on Dec 22, 2020 04:53 PM IST

Soon, track garbage trucks in Chandigarh through mobile app

There will be a ‘performance indicator’ installed on every vehicle, which will keep track of delays

HT Image
Updated on Oct 16, 2020 12:44 AM IST
Hindustan Times/Chandigarh | By, Chandigarh

Staring at losses, PMPML plans voluntary retirement for employees aged above 55

The PMPML is calling it a precautionary step as the elderly are at a greater risk to the Covid-19 infection.

There are around 10,000 employees and workers in PMPML currently consisting of drivers, conductors, mechanical workers and clerical staff. Out of them, around 2,100 employees are above the age of 55.(Pratham Gokhale/Hindustan Times)
Updated on Jun 27, 2020 04:51 PM IST
Hindustan Times, Pune | ByDheeraj Bengrut

PMPML staff get salary only for days worked during lockdown

The issue will be put up before the board of directors and demand for monetary help will be sought

The union has written to PMPML management demanding full salary for the month of May. It has threatened to go on ‘stop work’ protest from next week if their demand is not met.(Ravindra Joshi/HT PHOTO)
Updated on Jun 17, 2020 04:49 PM IST
Hindustan Times, Pune | ByDheeraj Bengrut

Sporting Lisbon cuts players’ wages by 40 percent

The Lisbon club said in a statement released by the stock exchange authority late on Wednesday that 95 percent of its workforce would go on “temporary suspension” or face “reduced working hours”.

File image of Sporting Lisbon.(Reuters)
Updated on Apr 16, 2020 07:23 PM IST
Lisbon | ByAFP
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