Value of the land has appreciated manifold after the announcement of the Tata Motors' project at Singur.
The Calcutta high court on Tuesday granted 10 days time to Rajendra Lodha to submit the original of the registered purported will of Priyamvada Birla by which he has been bequeathed the Rs 5000 crore
Rajendra S Lodha, the chartered accountant who has staked claim on the Rs 5000 crore (Rs 50 billion) assets of the M P Birla group
Not a single immovable article was missing from the house though 18 months had passed since the death of Priyamvada Birla.
The permission is subject to some restrictions including a cap of 4,000 on the number of attendees.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The Bharatiya Janata Party decided to put on hold Shah's proposed rally and the Rath Yatra, saying it will wait for the final order from the high court, which will now hear an appeal by the saffron party on Friday morning.
The division bench said it deemed it appropriate to stay the special court's order and direct that the "accused person shall be treated to be in judicial custody till further orders".
Bengal ministers Firhad Hakim and Subrata Mukherjee were taken to the Central Bureau of Investigation office on Monday in connection with the Narada sting operation, officials said.
The state government in its special leave petition alleged that it did not expect fair and just investigation by the central agency which is busy foisting cases against the functionaries of ruling Trinamool Congress Party.
A division bench of justices Biswanath Somadder and A Mukherjee said the government's silence on the permission is 'astonishing and astounding'.
Senior advocate Kapil Sibal, appearing for the state government, pointed to the members of the committee that has been formed to investigate the incidents and said, "Can you imagine these people have been appointed to collect the data? Is this a BJP investigating committee my Lords?"
Senior advocate Kapil Sibal, appearing for the state, told a bench comprising Justices Vineet Saran and Aniruddha Bose that whenever there is an allegation that a probe is not being carried fairly, the court takes the facts into account and then transfers the case to CBI after a prima facie conclusion.
The BJP could win only 16 out of 57 seats where Shah campaigned.
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