The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
The Supreme Court has dismissed the bail plea of jailed former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he doesn't deserve "sympathy" after having siphoned off the hard-earned money and life savings of thousands of homebuyers. "You have cheated thousands of homebuyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy," a bench comprising Justices Ajay Rastogi and Bela M Trivedi said, and refused to issue notice to the prosecuting agency on the bail plea of Sharma who has been in jail for over four years in the case. "Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail... This court is very aware of what you did.
It is the first ever illumination of the historic monument's front fortification wall and its two important gateways -- Lahori Gate and Delhi Gate.
The expected time schedule for the completion of Amrapali projects is around four to five years considering volume of work as well as difficulties of the execution process.
The 24-metre-high air purifier recorded a PM2.5 concentration of 642 micrograms per cubic metre at the inlet and 453 micrograms per cubic metre at the outlet.
An investment banker handling the PSU issues said, "When employees pick application forms, these typically have stamps of brokers. But there was no clarity who will bear the cost. Now with this provision, government will pay 25 bps. It is lesser than retail because there is often no marketing effort from the broker, as a lot of it is done by the company itself."
In a shocking lack of vision and planning, officials from the Central Bureau of Investigation have found that their newly-constructed hi-tech office building in New Delhi, does not a interrogation room!
The new office of the Central Bureau of Investigation (CBI), inaugurated by Prime Minister Manmohan Singh on Saturday, sports a snazzy and corporate look.
Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children towards the Ganga and other rivers.
Divestment commission for sale of 4 PSUs
The Cabinet Committee on Divestment will meet on Tuesday to discuss among other things relaxation of bidding norms for Shipping Corporation of India to woo foreign bidders while taking Air-India and Indian Airlines off the divestment list.
For the first time Uttarakhand's Vidhan Sabha session will be held outside Dehradun in a tent at Gairsain in Chamoli district of the hill state.
The bench asked the group to submit within 15 days a valuation report of movable and immovable properties of its managing director and directors.
The court asked NBCC to "stay its hands" till July 2 .
A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.
The Delhi government said that it is not ready "to compromise with the safety of women".
On July 23, the apex court had cracked its whip on errant builders for breaching the trust reposed by homebuyers and ordered cancellation of the registration of Amrapali Group under the real estate law RERA, and ousted it from its prime properties in the NCR by nixing the land leases.
Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai
At a press conference, the NBCC CMD defended the move, saying it is a sacrifice that one has to make for development and they would be compensating by increasing the green cover 15 times.
Civil Aviation minister says that certain regulations restricting the growth in the aviation sector needs to be re-looked to attract investments.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
The apex court directed Supertech to pay 10 per cent per month of the invested amount from January 5, 2015 to 17 home buyers, who are before the court, within four weeks
Even as Congress has announced plans to hold year-long celebrations to commemorate the 125th birth anniversary of BR Ambedkar, Prime Minister Narendra Modi is expected to lay the foundation stone for the 'Ambedkar International Centre' in New Delhi, the legacy of the Dalit icon becoming the focus of a contest between the rival parties
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances