News for 'Housing Development and Infrastructure Limited'

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

Rediff.com14 Apr 2024

Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).

HC asks RBI about steps taken to help PMC Bank depositors

HC asks RBI about steps taken to help PMC Bank depositors

Rediff.com4 Nov 2019

The crisis at the bank is attributed to loans made to realty player Housing Development Infrastructure Ltd, which were allegedly hidden from regulators' scrutiny, turning non-performing assets.

Why Did Naidu Meet Modi?

Why Did Naidu Meet Modi?

Rediff.com5 Jul 2024

According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.

CBI books second-biggest poll bond buyer Megha in Rs 315-cr graft case

CBI books second-biggest poll bond buyer Megha in Rs 315-cr graft case

Rediff.com13 Apr 2024

Megha Engineering had emerged as the second-biggest buyer of electoral bonds and donated the highest amount of about Rs 586 crore to the Bharatiya Janata Party, according to the data released by the Election Commission on March 21.

Thiruvananthapuram's New Political Reality

Thiruvananthapuram's New Political Reality

Rediff.com12 Jun 2024

Even as the dust settles on one election, glory in Thiruvananthapuram has come with a new question on the horizon: Who will be UDF's candidate in the next Lok Sabha election given Shashi Tharoor has said 2024 would be his last? It isn't a vacancy that can be easily filled, points out Shyam G Menon.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Explained: Supreme Court's Property Judgment

Explained: Supreme Court's Property Judgment

Rediff.com14 Nov 2024

'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'

How Budget Will Benefit Homebuyers

How Budget Will Benefit Homebuyers

Rediff.com15 Feb 2023

Capital gains exemption limit and a steep reduction in the highest surcharge will empower the masses with enhanced liquidity flow that can be invested in real estate, points out Dhaval Ajmera.

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank Q4 profit doubles to Rs 452 crore

Rediff.com27 Apr 2024

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. In the year-ago quarter, the bank logged a profit of Rs 202.43 crore. The private sector lender benefitted from write-back on income tax and interest on income tax returns, but the profits were limited by its inability to comply with the mandatory priority sector lending (PSL) requirements, its management said.

'Only A Very Rich Man Can Stand For Elections'

'Only A Very Rich Man Can Stand For Elections'

Rediff.com8 May 2024

'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'

AAI for same-site rehab of slum dwellers on airport land

AAI for same-site rehab of slum dwellers on airport land

Rediff.com15 Sep 2014

The state government's notification, which was issued earlier in the week, quoted the civil aviation ministry's letter urging quick rehabilitation of slum dwellers due to security threat.

Relaxed FDI norms to boost low cost housing

Relaxed FDI norms to boost low cost housing

Rediff.com11 Jul 2014

Income from renting of properties is taxed at a flat rate of 10%.

Nirmalaji, What Surprises Can We Expect?

Nirmalaji, What Surprises Can We Expect?

Rediff.com31 Jan 2024

The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Sanjay Raut gets bail, HC will hear ED's plea on Thursday

Sanjay Raut gets bail, HC will hear ED's plea on Thursday

Rediff.com9 Nov 2022

A special court in Mumbai on Wednesday granted bail to Shiv Sena member of Parliament Sanjay Raut in a money laundering case pertaining to the Patra Chawl redevelopment project.

Planning To Buy A Plot? Read This

Planning To Buy A Plot? Read This

Rediff.com30 Jan 2023

Make sure that the person you are buying the plot from is the rightful owner.

SC stays shifting of HDIL promoters from jail to home

SC stays shifting of HDIL promoters from jail to home

Rediff.com16 Jan 2020

A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the submissions of solicitor general Tushar Mehta that the high court order, to the extent of allowing their release from prison, needed to be stayed.

Patra Chawl scam: No proof against Raut, claims lawyer; bail hearing on Oct 10

Patra Chawl scam: No proof against Raut, claims lawyer; bail hearing on Oct 10

Rediff.com27 Sep 2022

There was no evidence on record to link Shiv Sena Rajya Sabha MP Sanjay Raut to alleged irregularities in the redevelopment of Patra Chawl in suburban Mumbai, his lawyer on Tuesday told a special court.

Democracy in our veins, no discrimination against minorities: Modi

Democracy in our veins, no discrimination against minorities: Modi

Rediff.com23 Jun 2023

India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

Is The Rally In Small And Microcap Stocks Sustainable?

Is The Rally In Small And Microcap Stocks Sustainable?

Rediff.com28 Sep 2023

While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.

Raut dealt with unaccounted money but not proceeds of crime, says court

Raut dealt with unaccounted money but not proceeds of crime, says court

Rediff.com10 Nov 2022

A special court in Mumbai has said that Shiv Sena MP Sanjay Raut dealt with some "unaccounted money" for purchasing plots at Kihim near Alibag in Raigad district, but the same cannot be "thrown in the stock of proceeds of crime (POC) under the provisions of the Prevention of Money Laundering Act (PMLA)".

Negligence Of Cybersecurity May Spoil The Party

Negligence Of Cybersecurity May Spoil The Party

Rediff.com28 Feb 2023

'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'

Here's how the Budget affects some key sectors

Here's how the Budget affects some key sectors

Rediff.com2 Feb 2021

From real estate to metals, what Sitharaman's Budget has in store.

Raut took 'active interest' in Patra Chawl project, ED tells court

Raut took 'active interest' in Patra Chawl project, ED tells court

Rediff.com17 Oct 2022

The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.

Real estate: Infra status for township and group housing projects

Real estate: Infra status for township and group housing projects

Rediff.com24 Feb 2015

Budget might turn out to be neutral for the sector.

Sikkim flash flood: Toll rises to 18; over 90 still missing

Sikkim flash flood: Toll rises to 18; over 90 still missing

Rediff.com6 Oct 2023

The Sikkim Government has confirmed that 14 people have died so far in the flash floods that occurred in Sikkim in the early hours of Wednesday.

'Even earthquakes don't leave such wide cracks'

'Even earthquakes don't leave such wide cracks'

Rediff.com13 Jan 2023

'The cracks I saw yesterday were the largest I have seen in my life. We are scared.'

'We are sitting on a time bomb'

'We are sitting on a time bomb'

Rediff.com27 Feb 2023

'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'

Real Estate: Boost to REITs and affordable housing

Real Estate: Boost to REITs and affordable housing

Rediff.com29 Feb 2016

The industry status will help the sector access bank lending at average interest rates

SC stays order to sell HDIL assets to repay PMC Bank dues

SC stays order to sell HDIL assets to repay PMC Bank dues

Rediff.com7 Feb 2020

The Supreme Court on Friday stayed the Bombay high court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure the repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank. A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the appeal of the Reserve Bank of India against the Bombay high court order.

The Remarkable Life And Legacy Of Oommen Chandy

The Remarkable Life And Legacy Of Oommen Chandy

Rediff.com22 Jul 2023

'Oommen Chandy always had time for his people and valued their voices.' 'There was no rest for him as long as the betterment of his fellow citizens was at stake.' Ambassador Venu Rajamony, who knew the former Kerala chief minister for half a century, salutes a beloved leader who worked tirelessly for the welfare of its people.

Himachal Rain Havoc Devastates Business

Himachal Rain Havoc Devastates Business

Rediff.com25 Aug 2023

Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.

CBI files Rs 230-crore bank fraud case against Amrapali

CBI files Rs 230-crore bank fraud case against Amrapali

Rediff.com20 May 2022

The CBI has filed an FIR against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Sharma and others for allegedly cheating Bank of Maharashtra and Andhra Bank of over Rs 230 crore, officials said on Friday. The banks had sanctioned credit facilities to develop a housing building at the Tech Zone IV in Uttar Pradesh's Greater Noida on a plot measuring 1.06 lakh square metre, the FIR alleged. The company failed to maintain financial discipline following which the account was declared a non-performing asset on March 31, 2017, the complaint from Bank of Maharashtra, now part of the FIR, has alleged, adding that "it has resulted in the loss of over Rs 230.97 crore". Following the FIR, the CBI Thursday conducted searches at four locations in Delhi, Noida and Ghaziabad, they said.

A tale of crumbling infrastructure in India's IT cities

A tale of crumbling infrastructure in India's IT cities

Rediff.com19 Aug 2016

Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?

Court calls Raut's arrest illegal, witch-hunt, asks why Wadhawans were spared

Court calls Raut's arrest illegal, witch-hunt, asks why Wadhawans were spared

Rediff.com9 Nov 2022

The arrest of Shiv Sena MP Sanjay Raut in a money laundering case by the Enforcement Directorate (ED) was "illegal" and a "witch-hunt", a special court in Mumbai said on Wednesday while granting him bail in the Patra Chawl redevelopment matter.

'Effect of Budget on elections is marginal'

'Effect of Budget on elections is marginal'

Rediff.com2 Feb 2023

'The BJP's real weapons are Hindutva, organisation and finance.'

The NCP Leaders Under The Central Agencies' Scanner

The NCP Leaders Under The Central Agencies' Scanner

Rediff.com5 Jul 2023

Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?

'A slip-up can break trust of investors'

'A slip-up can break trust of investors'

Rediff.com3 Jan 2023

'Strong regulations are crucial for the orderly development of the market.'