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Nanak Properties invests over Rs 500 crore in farmhouse project * City-based Nanak Properties has said it is investing over Rs 500 crore for a farmhouse project near the Lonavala hill station.
The company plans to sell 150 farmhouses costing between Rs 8-12 crore in the project christened 'Amarja Hills' over the next three years, as per a statement. *** Merak Ventures ties up with Huddle * Venture capital fund Merak Ventures has tied up with accelerator-led fund Huddle to launch a climate tech programme.
Under this, both the companies will invest up to USD 1.5 million (about Rs 12.22 crore) in selected companies.
Applications for the four-month programme, under which all the selected startups will get a funding of USD 2 lakh, have been invited by the two entities, a statement said.
*** Federal Bank introduces real-time GST Payments facility * Private sector lender Federal Bank on Tuesday said it has introduced real-time GST Payments facility.
Customers can make GST payments through net banking, and also over the counter by way of cash, cheque and Demand Draft (DD) and NEFT/RTGS, according to a statement.
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