Bombay high court will decide this question in a writ petition filed last week.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.
'If we want faster growth and want greater flow of credit towards the private sector, it's important to have many more of such large entities.'
'I do feel even today that the local angle has not received the attention it deserved. I find it difficult to accept that only two Indians were involved. There has been very strong evidence of their involvement, but the possible involvement of others should be looked into,' says B Raman.
Amid different voices within the Congress and INDIA bloc on DMK leader Udhayanidhi Stalin's remarks against Sanatan Dharma, the principal opposition party on Monday said it respects all religions and stressed that others also have the freedom to express their views.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
The BMC polls will be held on February 21, and results will be announced on February 23.
The testing rate is likely to slow down, report Pavan Lall and Sohini Das.
According to MCGM, the monthly advertisement and hoarding charges are likely to be increased by at least 50 per cent.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
'More than Mumbai's progress into the last four stage, that game (and the one the previous day between Kolkata and Hyderabad, when Yusuf Pathan blazed a 22-ball 72 to ensure a second place finish for his team), revived spectator interest in IPL, something prominent by its absence.' 'Maybe it was the stench of match-fixing, maybe the far greater competition from the other IPL (Indian Political League) and maybe just plain viewer fatigue, but this edition of IPL was a pale shadow of its earlier avatars, says Shreekant Sambrani.
Aishwarya Rai Bachchan was back on the Cannes red carpet. Not everyone was happy about it.
'If you keep on irritating the body by allowing all kinds of pollutants to get into it, the body cells are going to get irritated and cancer will come.'
Experts feel that mall owners anticipate an increase in costs to the tune of 15-20 per cent annually, prompting a mixed response to the '24 hours' initiative. A mall owner said while the policy is good in spirit, implementing it would be a challenge as night shopping or eating out wasn't a habit in Mumbai yet.
'Our preparation is based on ICMR projections, whatever preparations we have to make.' 'If they project around 70,000 is the maximum number of hospital cases by mid-May or May 30, we are preparing accordingly -- how many people will need hospitalisation.'
New development rules trigger rush of festive-season launches, firms also offer goodies to woo buyers.
We must heed what the CJI has said. Challenging every judgment of the central government is inviting chaos, asserts Shreekant Sambrani.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
In a statement, the lawyer of Irani's daughter, said his client is neither an owner nor operating the restaurant called Silly Souls Goa.
Few actors share Kareena's fearlessness for closeups in their 40s. A still force in a high-strung thriller, her marvellously opaque portrayal of a woman hiding skeletons in her closet turns a crafty police procedural into a wistful story of survival, observes Sukanya Verma.
The Bombay high court on Tuesday imposed a fine of Rs 1 lakh on Anil Ambani's Reliance Energy Limited for constructing a power substation in suburban Chembur without permission from the civic authorities. Division bench of Justices J N Patel and Amjed Sayed also dismissed REL's petition challenging demolition notice issued by Municial Corporation of Greater Mumbai.
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
Recovery note by registrar not court order, says Bombay high court.
Kamlakar Jamsandikar, represented the Mohili Village-Ghatkopar Asalpha ward in the Corporation.
In a letter to CM Shinde and chief secretary Manukumar Srivastava on March 9, Gadkari also criticised Joshi, an IAS officer, for allegedly stalling admission to nearly 1,100 seats linked to courses offered by the College of Physicians and Surgeons-affiliated.
When US celebrity magazine People and British weekly Hello! bought exclusive rights to the images for a hefty $14 million, they paid more than double the previous record of $6m, which was paid earlier this year for exclusive shots of singer/actress J-Lo's newly born twins. Pitt and Jolie have reportedly pledged to use the exorbitant $14 million pictures fee towards their foundation, which seeks to eradicate child poverty in the developing world.
Out of 98 cities selected for the Rs 48,000 crore Smart Cities project, 24 are capital cities.
Niyaz Ahmed Shaikh has been found guilty of conspiracy.
'Notwithstanding the seriousness of the allegations made, every accused had a right to a speedy trial and the court had to take into account long periods of incarceration without trial as an additional consideration for grant of bail.'
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
In his Marathi autobiography Lok Maze Saangati published in 2015, Pawar has lavished praise on Adani describing him as 'hard-working, simple, down to earth' and with ambition to make big in the infrastructure sector.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
The Municipal Corporation of Greater Mumbai plans to develop 21 underground parking lots in the business area of South Mumbai, central and western suburbs of the city, and tenders for the first two are to be issued by this month end.
Each state has its own weak areas that need attention. Some states have already identified the gaps and sought the Centre's help. Vinay Umarji, Ishita Ayan Dutt, Samreen Ahmad and Sohini Das report.
Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO). 'The Financial Times' newspaper referenced UK Companies House records to reveal that 51-year-old Lord Johnson had been appointed as a director of London-based Elara Capital Plc in June last year and resigned on Wednesday, the day when the Adani Group announced withdrawal of the FPO. Elara, which described itself as a capital markets business raising funds for Indian corporates, was among the bookrunners on the FPO.
