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‘74% home buyers unaware of RERA compliance check process’

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Under-construction skyscrapers. (File Photo: IANS)

New Delhi, April 30 (IANS) Around 74 per cent home buyers in India are unaware of the online process to check a realty project’s compliance status under the Real Estate Regulatory Act, a Magicbricks report said here on Monday.

“Seventy four per cent of respondents do not know that it is mandatory to check if the project is registered with the state Real Estate Regulatory Authority (RERA) and how to go about checking it on the RERA website,” said the Magicbricks Consumer Choice Poll.

“For a law which is aimed at protecting consumer interest and promote fair play in real estate transactions, this is a poor number,” the report said.

“States where the governments have been proactive and got the website and the machinery going have also seen a large number of consumers using it to check the legality of their project. However, since a large number of states are yet to get their act together, consumer awareness too is low,” said E. Jayashree Kurup, Head, Editorial and Advice, Magicbricks.

According to the report, Maharashtra and Madhya Pradesh were the first states to set up the RERA authority and concerned websites on May 1, 2017, when the law was completely enacted.

“Maharashtra’s real estate developers are registering their projects with RERA authority websites and mentioning the registration number in their advertisements. Where it is not followed, the RERA regulators have been penalising them and publishing the same,” it said.

On the other hand, in Gurugram, more than 150 projects are registered but due to unavailability of an operational website to verify the projects’ compliance claims, consumers cannot check approvals or completion status, as per the report.

“However, the authorities are now set up and consumers can either mail or physically visit the offices in Gurugram and Panchkula and get their problems and doubts cleared,” it added.

IANS

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Nokia to cut jobs, says slow 5G progress not cause for layoffs

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Helsinki, Jan 16: Finnish telecommunication giant Nokia on Tuesday announced its plans to cut jobs, media reported.

Nokia gave 350 as a layoff target in Finland, and said the figures in France and Germany would be higher, but did not specify.

However, the company denied that the cuts would be related to the slower than expected launch of 5G technology, Xinhua news agency reported.

Instead, the aim is to make operations more efficient as the consolidation after the purchase of the French Alcatel-Lucent has been completed.

Tommi Uitto, director in charge of Nokia’s operations in Finland, said the changes are “necessary”. The cutbacks are part of 700-million-euro (about $798.7 million) savings announced in October 2018. Thereafter Marc Rouanne, one of the key directors, left the company.

In France, the General Confederation of Labour (CGT) accused Nokia on Tuesday of attempting to improve profitability through shifting work to countries where labour costs are lower than in France.

Finnish daily Helsingin Sanomat quoted the union as saying that Nokia has broken its 2016 promise to the then finance minister Emmanuel Macron that staff size at Alcatel-Lucent and Bell Labs would remain at 4,200 for two years.

CGT claimed that Nokia had also broken its pledge to employ 2,500 new staffers in research and development. Helsingin Sanomat economics writer Petri Sajari said the French unions could turn the Nokia cutbacks against President Macron.

Headquartered in Espoo, Finland, Nokia currently employs 100,000 people worldwide, 6,000 of them in Finland.

IANS

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Tamil Nadu Defence Corridor may see projects in aerospace, missile parts

The function to be held at Tiruchirappalli will be attended by Defence Minister Nirmala Sitharaman and will have Chennai, Hosur, Salem, Madurai, Coimbatore and Tiruchirappalli as major nodes.

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New Delhi, Jan 14 (IANS) Defence manufacturing will get a shot in the arm with a series of projects set to be announced for the Tamil Nadu Defence Corridor, the second such hub in the country, on January 20.

The projects may include aerospace, hand-held weapons, parts of missiles and manufacture of composites.

Kumar said on Monday that the corridor will be developed on the existing defence ecosystem in the state and create synergy with its manufacturing base in terms of automobiles and components, information technology, textiles besides a large pool of engineering talent.

He said the Tamil Nadu Defence corridor is expected to attract more initial investment than Rs 3,700 crore announced when the Uttar Pradesh Defence Industrial Corridor was unveiled last year.

“Tamil Nadu will be very good for aero components,” he said, adding it has a proximity with Bengaluru with a reliable aero-industry base.

The function to be held at Tiruchirappalli will be attended by Defence Minister Nirmala Sitharaman and will have Chennai, Hosur, Salem, Madurai, Coimbatore and Tiruchirappalli as major nodes.

Two defence corridors were announced in Tamil Nadu and Uttar Pradesh in the Union Budget last year. The Uttar Pradesh Defence Industrial Corridor at Aligarh last year saw announcement of investment of over Rs 3,700 crore.

The defence innovation hub will be based at Coimbatore, which has a large number of micro, medium and small enterprises.

Kumar said efforts are being made to attract these units to the defence sector and boost indigenisation. The innovation hub will have a common facility centre to be created through a special purpose vehicle.

The government has already approved Defence Innovation Fund (DIF) to foster innovation and technology development in defence sector by engaging research institutions, academia, industry including MSMEs, start-ups and also individual innovators.

An expert familiar with the project said that more than a dozen projects are expected to be announced for the Tamil Nadu Defence Corridor along with investment both by the private industry and public sector undertakings.

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DD News vacancy requires incumbent to provide reports to PMO, execute its instructions

The vacancies advertised include Delivery Planning and Execution Managers (Shift), Senior Image/Video Analyst and Editor, Video/Image Editor and Optimisers, Creative Writers and Social Media Mavens, Social Media Entrant, Online Research Managers, Social Media Creative Art Director, People Operations and Onboarding Manager, Data Scientists, Strategy Manager and Insights Officer, Head of Analytics and Insights and Social Media Delivery Planning Officer.

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New Delhi, Jan 12 : Ahead of the general elections, Doordarshan News is planning to vastly upscale its social media presence in the coming months with the Prime Minister’s Office (PMO) expected to keep a tab on its efforts to compete with private channels in digital space.

Broadcast Engineering Consultants India Limited, a government enterprise under the Information and Broadcasting Ministry, has come out with an advertisement for 24 vacancies that specify detailed roles and responsibilities with the Social Media Officer and Project Delivery Head also responsible “for providing reports to the PMO and to execute the instructions laid out by PMO office“.

The applications, for “digital/social media project”, were invited on contract basis initially for six months and carry remuneration ranging from Rs 47,000 to Rs 1,95,000 per month. The last date for sending applications was January 10.

The responsibilities of the Social Media Officer and Project Delivery Head include working as team leader of social media, handling day to day affairs, hiring and managing the right talent pool for the social media team and ncreasing the social reach of DD News.

The “parameters” recommended for the post include sound knowledge of global social media and digital trends, advertising, marketing, team management, being tech savvy and being comfortable in use of new emerging technologies.

The vacancies advertised include Delivery Planning and Execution Managers (Shift), Senior Image/Video Analyst and Editor, Video/Image Editor and Optimisers, Creative Writers and Social Media Mavens, Social Media Entrant, Online Research Managers, Social Media Creative Art Director, People Operations and Onboarding Manager, Data Scientists, Strategy Manager and Insights Officer, Head of Analytics and Insights and Social Media Delivery Planning Officer.

The last three posts carry remuneration of Rs 1,95,000 per month.

Among the roles of Delivery Planning and Execution Managers (Shift) will be increasing social media outreach of DD News in Hindi and English through Facebook, Twitter and YouTube.

The Video/Image Editor and Optimisers will be required to optimise and edit so that videos and images are delivered in socially shareable formats most suited for the social media platforms.

The Creative Writers and Social Media Mavens will be responsible to identify and write content which will connect with the digital audience and will increase visibility for DD News content on social media platform.

The responsibilities of Social Media Entrant include “gathering story and content for trending stories by themselves or as guided”.

The Online Research Managers will also be responsible for understanding and predicting “the trends for future needs backed with research and data mining.”

The post also requires the incumbent to prepare comparative report for trends used by other private channels and by DD News besides being responsible for analysis of content posted over the internet.

IANS

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