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<keyword id="6358070" type="LOCATION" weightage="20" keywordseo="mumbai">Mumbai</keyword>, <keyword id="109410" type="PERSON" weightage="20" keywordseo="real-estate-stocks">Real estate stocks</keyword> traded on a positive note on Thursday after the <keyword id="6356172" type="UNKNOWN" weightage="20" keywordseo="Maharashtra-government">Maharashtra government</keyword> slashed the premium on construction of realty projects by 50% till December 31, 2021. The reduction under the <keyword id="4435953" type="COMPANY" weightage="20" keywordseo="Development-Control-and-Promotion-Regulation">Development Control and Promotion Regulation</keyword> 2034 would be applicable on all ongoing and new projects. Around 12.25 pm, shares of <keyword id="51993" type="DOMAIN" weightage="20" keywordseo="Indiabulls-Real-Estate">Indiabulls Real Estate</keyword> were trading on the <keyword id="35140" type="COMPANY" weightage="20" keywordseo="BSE">BSE</keyword> at ₹84, higher by ₹5.55 or 7.07% from its previous close. Godrej Properties' shares were trading at ₹1,477.95, higher by ₹17.20 or 1.18% from its previous close. Shares of <keyword id="210357" type="DOMAIN" weightage="20" keywordseo="Oberoi-Realty">Oberoi Realty</keyword> were trading 2.15% higher at ₹599.70. Sunteck Realty shares on the BSE were at ₹360.05, higher by ₹12.25 or 3.52% from its previous close. The <keyword id="10556994" type="UNKNOWN" weightage="20" keywordseo="latest-move">latest move</keyword> by the Maharashtra government is likely to give a major boost to the pandemic-hit realty sector in state. Siva Krishnan, Managing Director and India Head, Residential Services, JLL India, said: "This move will help reduce the landed cost for developers, thereby rationalising the cost and reducing the burden on customers. It is expected to further trigger the recovery of the residential real estate market which has seen a good uptick in the last two quarters due to factors like lower interest rates, and pro-active measures from the government like stamp duty reduction." He noted that the latest moves, coupled with the ongoing measures, will go a long way in enticing both end-users and investors back to the residential market. "The country's residential sector is already seeing an acceleration in sales, leading to a fast-paced recovery from the impact of the pandemic," Krishnan said. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-tcs-ril-maruti-airtel-godrej-properties-oberoi-realty-sobha-and-others/articleshow/80145182.cms">Top stocks to watch — TCS, RIL, Maruti, Airtel, Godrej Properties, Oberoi Realty, Sobha, and others</a> <a href="https://www.businessinsider.in/business/auto/news/ducati-is-launching-12-new-bikes-in-india-in-2021-check-the-launch-dates-here/articleshow/80146997.cms">From Scrambler and Multistrada to Monster and SuperSport — Ducati is launching 12 new bikes in India, check the launch dates here</a> <a href="https://www.businessinsider.in/india/news/petrol-has-reached-an-all-time-high-in-delhi-after-a-hike-of-23-paise/articleshow/80146505.cms">Petrol price is now past ₹84 in Delhi, over 62% of it is taxes</a>

Oberoi Realty, Sunteck Realty, Godrej Properties' stocks soar as Maharashtra halves levies for realty sector

New York, Do you find drinking <keyword id="6359858" type="UNKNOWN" weightage="20" keywordseo="alcohol">alcohol</keyword> pleasurable? If so, you are more likely to develop an alcohol use disorder (AUD), a <keyword id="1243099" type="PERSON" weightage="20" keywordseo="new-study">new study</keyword> suggests. The findings, published in the American Journal of Psychiatry, indicate that individuals developing an AUD are more likely to be sensitized to the <keyword id="79322" type="PERSON" weightage="20" keywordseo="effects">effects</keyword> of alcohol -- that is, they experience a stronger positive <keyword id="61262" type="ORGANIZATION" weightage="20" keywordseo="response">response</keyword> -- rather than habituated to the substance with a lower level of response. "These pleasurable alcohol effects grow in intensity over time, and do not dissipate, in people progressing in excessive drinking," said lead author Andrea King, Professor at the University of Chicago in the US. "This tells us that having a higher sensitivity to the rewarding effects of alcohol in the brain puts such individuals at higher risk for developing an addiction," King added. For the study, the team followed a cohort of 190 young adults in a laboratory-based binge drinking scenario at three regular intervals over the course of 10 years.When retested on their responses 10 years later, those who became alcoholics had the highest levels of alcohol stimulation, liking and wanting - and these were heightened compared to their baseline with no signs of tolerance to these pleasurable effects. The study showed that higher sensitivity to the euphoric and rewarding effects of alcohol can predict who will go on to have an AUD as they progress through their 20s and 30s. "Our results support a theory called incentive-sensitization," said King. "In response to a standard intoxicating dose of alcohol in the laboratory, ratings of wanting more alcohol increased substantially over the decade among the individuals who developed more severe AUD. Additionally, the hedonic response -- essentially, how much a person liked the effects -- remained elevated over this interval and didn't go down at all. This has traditionally been the crux of the lore of addiction -- that addicts don't like the drug (alcohol) but can't stop using it," King added. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-tcs-ril-maruti-airtel-godrej-properties-oberoi-realty-sobha-and-others/articleshow/80145182.cms">Top stocks to watch — TCS, RIL, Maruti, Airtel, Godrej Properties, Oberoi Realty, Sobha, and others</a> <a href="https://www.businessinsider.in/business/auto/news/ducati-is-launching-12-new-bikes-in-india-in-2021-check-the-launch-dates-here/articleshow/80146997.cms">From Scrambler and Multistrada to Monster and SuperSport — Ducati is launching 12 new bikes in India, check the launch dates here</a> <a href="https://www.businessinsider.in/india/news/petrol-has-reached-an-all-time-high-in-delhi-after-a-hike-of-23-paise/articleshow/80146505.cms">Petrol price is now past ₹84 in Delhi, over 62% of it is taxes</a>

Enjoy alcohol? A new study says it could lead to liquor related disorder

<keyword id="6358777" type="LOCATION" weightage="20" keywordseo="New-Delhi">New Delhi</keyword>, <keyword id="6357342" type="UNKNOWN" weightage="20" keywordseo="Hiring">Hiring</keyword> activity in India saw a 14% jump in December as compared to the <keyword id="9393572" type="UNKNOWN" weightage="20" keywordseo="previous-month">previous month</keyword>, signalling a clear recovery of the job market in the post-Covid months, a new report said on Thursday. The overall hiring at year-on-year level showed a decline of only 10% in December, according to <keyword id="218117" type="COMPANY" weightage="20" keywordseo="Naukri-com">Naukri.com</keyword> 'JobSpeak' report. The hiring in the insurance sector grew by more that 45% in December, as Indians felt the need for securing their health and businesses in the post-Covid era. The auto and ancillary sector (33 per cent) continued to register <keyword id="42546" type="PERSON" weightage="20" keywordseo="Growth">growth</keyword> in sequential hiring with increased consumer demand during the year-end period. Other key sectors such as BFSI (+18%), Pharma/Biotech (+28%), FMCG (+21%) and IT-Software (+11%) too have shown positive growth in hiring. "Key sectors like hospitality, travel, auto and retail are still bouncing back, and the sequential numbers reassure us of robust recoveries in 2021," said Pawan Goyal, Chief Business Officer, Naukri.com. "As we look forward to a brighter year ahead, the overall hiring sets in the right direction for the closing month." Within metros, Pune and Delhi led the sequential recovery at more than 18% and 16% increase in hiring, respectively, followed by Kolkata (+14%) and Mumbai (+10%). Coimbatore saw the highest hiring growth of +30% among Tier-2 cities, followed by Ahmedabad at +20% and Jaipur at +15% in December. In fact, hiring of professionals in the hotels/restaurants domain also saw an uptick of 13% sequentially, indicating the revival of the sector. Hiring activity in the month of December declined by 10% vs the last year, the findings showed. While Bengaluru (-1%), Pune (-2%), and Hyderabad (-5%) were less impacted given the growing demand for IT professionals in the virtually connected world, cities such as Mumbai (-25%) and Delhi (-18%) saw a decline in hiring activity in December as compared to the same month last year. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-tcs-ril-maruti-airtel-godrej-properties-oberoi-realty-sobha-and-others/articleshow/80145182.cms">Top stocks to watch — TCS, RIL, Maruti, Airtel, Godrej Properties, Oberoi Realty, Sobha, and others</a> <a href="https://www.businessinsider.in/business/auto/news/ducati-is-launching-12-new-bikes-in-india-in-2021-check-the-launch-dates-here/articleshow/80146997.cms">From Scrambler and Multistrada to Monster and SuperSport — Ducati is launching 12 new bikes in India, check the launch dates here</a> <a href="https://www.businessinsider.in/india/news/petrol-has-reached-an-all-time-high-in-delhi-after-a-hike-of-23-paise/articleshow/80146505.cms">Petrol price is now past ₹84 in Delhi, over 62% of it is taxes</a>

Hiring activity recovers by 14% in India in December 2020, says report

New Delhi, <keyword id="1065178" type="COMPANY" weightage="20" keywordseo="Oaktree">Oaktree</keyword> has told the <keyword id="4911816" type="COMPANY" weightage="20" keywordseo="Committee-of-Creditors">Committee of Creditors</keyword> (CoC) of <keyword id="6423706" type="DOMAIN" weightage="20" keywordseo="dewan-housing-finance">Dewan Housing Finance</keyword> Ltd (<keyword id="127124" type="COMPANY" weightage="20" keywordseo="DHFL">DHFL</keyword>) that there has been a "persistent campaign to discredit and misrepresent its <keyword id="5004374" type="PERSON" weightage="20" keywordseo="resolution-plan">resolution plan</keyword>". In a letter to the CoC, the India Opportunities Fund, Singapore, which has put in the bid noted that this campaign is introducing bias into the decision making process. Oaktree said the CoC is not considering ₹2,700 crore provided under its resolution plan. It added that Oaktree is offering a much higher fair market value by more than ₹4,503 crore compared to the second highest bidder. Noting that its bid offered a clean structure for the shareholders without any conditions, it said that the bid by the second highest bidder is conditional. Oaktree has demanded the CoC reject the proposal by the other bidder "dressed as implementation steps". Oaktree has committed to infuse equity and debt and turn around the operations of DHFL entity on a standalone, going concern basis. In contrast, the other bidder seeks to merge the entity into its housing finance business. "The contagion risk of the indebtedness to the financial instruments held by the financial creditors is significant," it said. It said that the other bid is "a bad deal for creditors as cash flows generated by DHFL entity will be used to service external and unrelated debt of the wholesale business after the merger". "The financial creditors emerging from one resolution process then be exposed to another indebted company and ultimately the risk of a second resolution process will be a failure of <keyword id="192838" type="COMPANY" weightage="20" keywordseo="IBC">IBC</keyword> and CIRP," Oaktree said. Oaktree said its intention was never to address the second highest bidder's plan. However, it said the CoC did not provide clarifications to it on subordinated debt, and its proposal to offer another ₹1,700 crore in additional interest income was ignored while the other bidder was given the opportunity. Its ₹1,000 crore value prescribed to Pramerica is not being considered, Oaktree said. Oaktree said the burden of responsibility is placed on CoC as a guardian of public money and its duty to vote for the highest bidder is unambiguous. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-tcs-ril-maruti-airtel-godrej-properties-oberoi-realty-sobha-and-others/articleshow/80145182.cms">Top stocks to watch — TCS, RIL, Maruti, Airtel, Godrej Properties, Oberoi Realty, Sobha, and others</a> <a href="https://www.businessinsider.in/business/auto/news/ducati-is-launching-12-new-bikes-in-india-in-2021-check-the-launch-dates-here/articleshow/80146997.cms">From Scrambler and Multistrada to Monster and SuperSport — Ducati is launching 12 new bikes in India, check the launch dates here</a> <a href="https://www.businessinsider.in/india/news/petrol-has-reached-an-all-time-high-in-delhi-after-a-hike-of-23-paise/articleshow/80146505.cms">Petrol price is now past ₹84 in Delhi, over 62% of it is taxes</a>

You Searched For "multistrada" and got 4 results

Oberoi Realty, Sunteck Realty, Godrej Properties' stocks soar as Maharashtra halves levies for realty sector

IANS

Enjoy alcohol? A new study says it could lead to liquor related disorder

IANS

Hiring activity recovers by 14% in India in December 2020, says report

IANS

DHFL resolution: Oaktree cries foul, says persistent campaign to discredit its bid

IANS

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