CHENNAI: Real estate developer Urbanrise, an Alliance Group Company, on Friday announced that it would develop two million square feet of luxury high-rise apartment community at Mahindra World City (MWC) in Chennai and earmarked an investment of Rs 700 crore for the purpose. Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development business of the Mahindra Group, has...
NEW DELHI: A Delhi court on Friday dismissed a bail plea of former deputy chief minister Manish Sisodia in the excise policy case lodged by the Central Bureau of Investigation (CBI). Special Judge MK Nagpal dismissed Sisodia's plea.On March 24, the Delhi court had reserved its order.The CBI on February 26 had arrested Sisodia in connection with alleged corruption in the formulation and implementation of...
NCLT has directed initiating insolvency proceedings against Bengaluru-based real estate firm Mantri Developers admitting the plea filed by Indiabulls Housing Finance Ltd. The aggregate amount claimed to be in default is ₹456.68 crore in five loans.(Reuters File) A two-member bench has also suspended the board of Mantri Developers and appointed Ahsan Ahmad as the interim resolution...
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A total of 13 people got hospitalised in the city on Thursday due to Covid-19, taking the number of total patients to 55. Of these, 28 are on oxygen support. Despite the rise in cases, the rise in hospitalisations hasn’t been significant, doctors said. Dr Vasant Nagvekar, an infectious disease expert, said: “There is certainly a rise in cases, but in most instances, Covid-19 is self-limiting. ” Dr...
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WASHINGTON: United States Senate on Thursday confirmed Indian American Richard Verma as Deputy Secretary of State, Management and Resources, a position which is normally seen as the CEO of the powerful State Department in the US Government.Verma, 54, was confirmed by the Senate by a vote of 67-26.He served as the US' Ambassador to India from January 16, 2015, to January 20, 2017, and is currently the...
Travelling on national highways and expressways is set to get costlier from April 1, 2023, as the National Highway Authority of India (NHAI) implements its toll fee hike of up to 7 percent across the country. The toll revision is an annual affair as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008. In 2022, toll tariffs saw a hike of up to 15 percent for all types of...
Sensex rallies over 700 pts, Nifty above 17,200; Nestle gains 3%, RIL 2% Source link...
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