Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
Authorities on Thursday bulldozed the house of an aide of gangster-turned-politician Atiq Ahmed here amid heavy police presence, the second such action in two days.
A bag containing an improvised explosive device (IED) was found by the police in a house in the Old Seemapuri area in the northeastern part of Delhi on Thursday, a senior police officer said.
A 1,200-year-old Hindu temple in Pakistan's Lahore city will be restored after 'illegal occupants' were evicted from it following a lengthy court battle, the federal body overseeing minority worship places in the country said on Wednesday.
Govt should take steps to monetise real estate investment schemes.
When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure that you have supporting documents to substantiate it.
The high court further asked the Delhi Development Authority to state its stand on a batch of petitions challenging the action and also seeking a bar on the demolition till a fresh "demarcation report" is prepared.
A woman claiming to be the widow of great grandson of Mughal king Bahadur Shah Zafar-II moved the Delhi high court on Monday seeking that the Red Fort which was illegally taken over by British East India Company be handed over to her on the grounds that she was the legal heir.
Shiv Sena (UBT) leader Uddhav Thackeray on Friday said the Election Commission's order recognising Eknath Shinde faction as the real Shiv Sena was "dangerous for democracy", and he would challenge it in the Supreme Court.
After a two-year lull, the deal pipeline in India's hospitality sector, which has witnessed a strong revival since the second wave of the pandemic receded, is running full. Family offices, high net-worth individuals (HNIs) and institutional investors are looking at the sector with renewed interest, according to investment and transaction advisory firms working on multiple deals. Most of them declined to divulge details of the deals for reasons of confidentiality. The cumulative debt of the tourism, hotels and restaurant sector rose 8.2 per cent year-on-year (YoY) to Rs 64,408 crore as of March 25, 2022 against Rs 59,519 crore on March 26, 2021, according to the Reserve Bank of India.
HUL believes that post Covid, the awareness about health and wellbeing and selfcare, has exploded and there is a mindset change from health as absence of disease, to health as a part of lifestyle.
Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas.
ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
The Bombay high court on Friday refused to direct three city-based businessmen to vacate the premises occupied by them in tony south Mumbai's Al-Sabah Court building, owned by the royal family of Kuwait, noting that prima facie their tenancy agreements were not "forged or fabricated".
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
The posters were put up on the shutters of the shops late on Sunday evening, Purola station house officer Khajan Singh Chauhan said.
Bharatiya Janata Party leader Bernard N Marak was granted bail by the Meghalaya high court in a case pertaining to the alleged rape of a three-year-old girl at his farmhouse in West Garo Hills district.
A house constructed under the Pradhan Mantri Awas Yojana (PMAY) on government land was demolished in Khargone city of Madhya Pradesh following violence on Ram Navami.
The outlet, 'Silly Souls Cafe and Bar', was at the centre of a raging controversy after the Congress last week alleged Union minister Smriti Irani's daughter was linked to the property, a charge rejected by the minister.
We must heed what the CJI has said. Challenging every judgment of the central government is inviting chaos, asserts Shreekant Sambrani.
There were Vedic mantras engraved along with prayer songs for Lord Shiva, Lord Rama and Lord Krishna. Neither the government nor the people of Faisalabad demanded that the carvings be removed. I felt very happy to see Sanskrit shloka
Co-ownership, or joint ownership, simply put is when two or more persons hold title to the same property.
In a relief to thousands of people facing imminent threat of demolition of their houses in winter, the Supreme Court on Thursday stayed the Uttarakhand high court order for removal of encroachments from 29 acres of land claimed by the railways in Haldwani, terming it a 'human issue' and saying 50,000 people cannot be uprooted overnight.
The Airbus A330-343 aircraft, scheduled to depart from the Colombo airport to Moscow on June 2 with 191 passengers and 13 crew members, was not allowed as the owner of the aircraft -- Celestial Aviation of Ireland -- had filed a case against Aeroflot, pending arbitration on the lease of the aircraft in London.
Cash registers are ringing more frequently at hotels and resorts with the return of the big fat Indian wedding after a two-year hiatus. This comes even as the small and intimate ceremonies - which became popular during the pandemic - are also set to keep those employed in the hospitality sector on their toes. As many as 2.5 million marriages are expected to get solemnised during the wedding season that gets underway from next week and stretches on till April, according to industry estimates.
Markets in Uttarakhand's Purola and neighbouring towns remained closed amid heavy police deployment on Thursday in protest against the imposition of prohibitory orders to prevent a 'mahapanchayat' that was scheduled to be held there over alleged incidents of 'love jihad'.
A battle royale, fought over 15 long years, comes to an end as a prince and a princess -- grandchildren of the legendary Rajmata Gayatri Devi -- get back the Jai Mahal Palace Hotel from their step-uncles.
The Supreme Court on Friday termed as "unfortunate" and rued the "new trend" of maligning judges by governments if judicial pronouncements are not as per their liking.
If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
"Is this a case for NSA?," the bench asked the state's counsel while observing that this is why allegations of political vendetta crops up.
Retailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.
It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati.
The death toll in the massive explosion at an industrial unit in Dombivali township of the district has risen to six while 159 injured were undergoing treatment, a senior official said on Friday.
First, Mamata's pampering of lawless elements masquerading as Trinamool Congress cadres. Second, her promotion of her nephew, Abhishek Banerjee, as a possible successor and the adoption of Prashant Kishor as her political adviser. Neither has gone down well with either her followers or the public, observes Amulya Ganguli.
'If they are taking marquee locations and, say, are paying 50 per cent higher rent, those locations will see a spurt in rates as well.'
When you are in your 20s and early 30s, you have the biggest asset to your credit -- time. By starting to invest during the early stages of your career, you get a lot of time to research, learn, and achieve, advises Ayan Nagpal.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances