Day: December 2, 2020

Narendra Modi government coming up with many structural reforms in mining sector to realise its true potential

NEW DELHI: India’s Coal and Mines Minister Pralhad Joshi said that the Narendra Modi government is coming up with many structural reforms in the mining sector to realise its true potential. Joshi was addressing the 15th edition of Global Mining Summit and International Mining & Machinery Exhibition today. “The proposed structural changes in the mining […]

Madras High Court gets 10 additional judges

NEW DELHI: The President of India, in exercise of the power conferred by clause (l) of Article 224 of the Constitution of India, appointed Justices Govindarajulu Chandrasekharan, A.A. Nakkiran, Veerasamy Sivagnanam, Ganesan Ilangovan, Ananthi Subramanian, Kannammal Shanmuga Sundaram, Sathi Kumar Sukumara Kurup, Murali Shankar Kuppuraju, Miss Manjula Ramaraju Nalliah, and Thamilselvi T. Valayapalayam, as Additional Judges […]

Shree Siddhi Vinayak Realtors’ promoter who duped buyers of Rs 400 crore arrested

NEW DELHI: A 36-year-old man, who had duped many homebuyers and absconding since last year, was arrested at Kochi airport in Kerala while trying to flee to Maldives, police said on Monday. The accused, Harender Tomar, a resident of Dwarka, had cheated homebuyers in the name of land pooling policy of the Delhi Development Authority […]

Magma Housing looks to raise Rs 400-500 crore to double business in 3-4 years

MUMBAI: Affordable housing focused Magma Housing Finance is looking to double its business over the next three-four years and is talking to long-term institutional investors to raise capital for the growth, a senior company official said. The city-based company is looking to double its balance sheet to Rs 7,000 crore over the next four years […]

Shapoorji Pallonji”s platform Joyville to invest Rs 700 crore on new housing project in Pune

NEW DELHI: Business conglomerate Shapoorji Pallonji”s mid-income housing platform Joyville on Tuesday announced development of a new housing project in Pune, comprising over 1,100 flats, as part of its strategy to expand presence in major property markets. Joyville is a USD 200-million platform by Shapoorji Pallonji Group, ADB, IFC and Actis to develop housing projects […]

Farmers’ protests: Unions reject Modi government offer to set up committee; talks remain inconclusive

NEW DELHI: The Narendra Modi government on Tuesday offered to set up a committee to look into issues raised by farmers protesting against new farm laws, but it was rejected by representatives of 35 agitating organisations during their marathon meeting with three union ministers that ended without any resolution The meeting remained inconclusive and the […]

Andhra Pradesh Assembly passes Gaming Amendment Bill

AMARAVATI: The Andhra Pradesh Legislative Assembly on Tuesday passed the AP Gaming (Amendment) Bill 2020 and the Andhra Pradesh Municipal Laws (Second Amendment) Bill 2020 by voice vote. The Assembly also passed three Bills to give a major push to the aquaculture sector that contributes over Rs 50,660 crore to the state’s economy every year. […]

Master Green Park in Sector 117 will provide boost to real estate

NEW DELHI: Real estate in sectors around Noida sector 117 got a fresh boost when Noida Authority announced that it would develop an 18-acre park with a butterfly design theme. To be ready by next year, the Master Green Park will have a cricket pitch, amphitheatre, cafeteria, parking space, and convenience shops. The residents of […]

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