In a major setback to Ajit Gulabchand's ambitious hill city project, the Union environment ministry has asked the Maharashtra government to initiate action against Lavasa Corporation for violation of green norms.
Constructing the Bandra-Worli Sea Link has put the publicity-shy Ajit Gulabchand squarely in the spotlight.
Mukesh Ambani has got company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal.
Lavasa is attempting to create an idea that such a city can be built, and rapidly, and not only restore or preserve the ecology but enhance it as well.
The man behind the Bandra-Worli sea link and Lavasa is far from triumphant despite the brightening prospects for the controversial hill city.
"HCC has signed an MoU with the Gujarat government to set up a renewable energy project in the state worth Rs 1,200 crore (Rs 12 billion) in the next 2-5 years time," company Chairman and Managing Director Ajit Gulabchand said.
Minister of State for External Affairs Vinod Khanna will lead the Indian delegation to the World Economic Forum extraordinary annual meeting in Jordan from June 21-23.
A family priest performed the prayers as per Parsi tradition before the last rites.
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
Members of the Parsi community, business leaders and politicians were among those who attended the cremation.
Delaying action on climate change will hurt growth: Global CEOs.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
It is the six per cent target RBI is more concerned about.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
While slow execution and delays in infrastructure projects have led to a payment crisis as recovery of dues is a big challenge, banks are breathing down their necks for loan repayment.
The company plans to raise Rs 750 crore; other realtors may follow.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
Her book is less of a Hindutva-loving diatribe against the Dynasty than its detractors suggest, but it is still hard to agree with much of what she writes, says Vir Sanghvi on Tavleen Singh's latest book.
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