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Newsletter | Infosys signs 5-year AI deal worth nearly $2 Bn; PharmEasy plans to raise Rs 2-3k Cr via rights issue & more
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Newsletter | Infosys signs 5-year AI deal worth nearly $2 Bn; PharmEasy plans to raise Rs 2-3k Cr via rights issue & more
Jul 18, 2023 4:19 AM

Here's a rundown of 11 significant news stories to keep you in the know:

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This property developer recorded Chennai's largest single-day sales volume in a decade

TVS Emerald, the real estate arm of the multi-billion-dollar TVS Group, shattered real estate records in Chennai when it sold homes worth Rs 438 crore in just one day. On Sunday (July 16), the company managed to sell 448 units of its latest project, 'Elements', on the day of the launch, which data reveals is the best a developer has managed to sell over the course of a single day, in Chennai.

According to data from PropEquity, the previous high was registered by Casagrand Majestica, where the developer sold apartments worth Rs 222.6 crore in May. In April last year, The Peak by Baashyaam Group managed to notch up sales worth Rs 195.13 crore. What makes TVS Emerald's record even more profound is that the developer nearly double the previous record on the day of the launch, itself.

Yamuna water level rises to 206.1 metres, remains above danger mark

The Yamuna water level rose to 206.1 metres at 11 pm on Monday night, as predicted by the Central Water Commission (CWC) earlier in the day. Delhi minister Atishi said the rising Yamuna water level is not a threat to people in Delhi, but urged people not to leave relief camps amid increasing water levels. Meanwhile, an alert has been issued in Uttarakhand's Haridwar after the Ganga River crossed the danger mark in Devprayag. The water level of the Brahmaputra River also continues to rise in many parts of Assam and Arunachal Pradesh.

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