News for 'Special Purpose Vehicles'

'India shown in bad light': SC slams states on stray dogs

'India shown in bad light': SC slams states on stray dogs

Rediff.com27 Oct 2025

The Supreme Court has directed chief secretaries of states and Union Territories (excluding West Bengal and Telangana) to appear on November 3 to explain the lack of compliance affidavits in the stray dogs case.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

'No one in Dharavi will be left behind'

'No one in Dharavi will be left behind'

Rediff.com25 Mar 2025

The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the 2007-08 survey, with over 63,000 tenements already mapped. The survey, which includes ground floor and upper floor structures, aims to provide housing for all residents of Dharavi, including those in existing SRA buildings and on RLDA Land. The project, undertaken by Navbharat Mega Developers Private Limited (NMDPL), aims to construct nearly 1.5 lakh tenements to accommodate the growing population of Dharavi.

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

LMV licence holders can drive heavy vehicles: SC

LMV licence holders can drive heavy vehicles: SC

Rediff.com6 Nov 2024

The judgment from a five-judge Constitution bench, led by Chief Justice DY Chandrachud, offers clarity on licensing regulations and is expected to prevent insurance companies from rejecting claims based on the type of licence of drivers involved in accidents.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

SC flags practical challenges in sheltering all stray dogs

SC flags practical challenges in sheltering all stray dogs

Rediff.com22 Aug 2025

The Supreme Court on Friday said a 'blanket direction' to pick up stray dogs in Delhi-NCR and place them in shelters without evaluating the existing infrastructure might lead to a 'catch-22 situation' as the directive might be impossible to comply with.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

SC alters order, bars feeding of stray dogs on streets

SC alters order, bars feeding of stray dogs on streets

Rediff.com22 Aug 2025

Its August 11 direction, which prohibits the release of stray dogs from dog shelters, shall be kept in abeyance for the time being, the apex court said.

Adani to give 350 sq ft flats to Dharavi residents

Adani to give 350 sq ft flats to Dharavi residents

Rediff.com15 Jan 2024

The Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft. The Adani group, which is redeveloping Dharavi slums in collaboration with the Maharashtra government, claimed the flat size was "17 per cent more" than what is offered as part of slum redevelopment projects. The new flats will have a kitchen and toilet, Adani said in a statement, adding that earlier, the dwellers of informal settlements were given houses measuring 269 sq ft.

Space Milestones For India On Ganesh Chaturthi

Space Milestones For India On Ganesh Chaturthi

Rediff.com28 Aug 2025

India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.

Will Miss World Raise Telangana's Profile?

Will Miss World Raise Telangana's Profile?

Rediff.com8 Apr 2025

Many states are realising that hosting mega events puts the spotlight on them and raises their profile.

CBI takes over probe into Army officer assault case, registers 2 FIRs

CBI takes over probe into Army officer assault case, registers 2 FIRs

Rediff.com25 Jul 2025

The CBI has taken over the investigation into the alleged assault of a colonel by Punjab Police personnel, registering two separate FIRs. The incident allegedly occurred at a roadside dhaba in Patiala.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

DGCA audit reveals major lapses in flight safety

DGCA audit reveals major lapses in flight safety

Rediff.com25 Jun 2025

Aviation watchdog Directorate General of Civil Aviation (DGCA) on Tuesday said surveillance conducted at major airports revealed several defects in the aviation ecosystem, including multiple cases wherein the defects reappeared on aircraft and centre line marking faded on runway.

Remember Smart Cities? What Happened?

Remember Smart Cities? What Happened?

Rediff.com8 Apr 2025

Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Rediff.com30 Sep 2024

According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.

Pune businessman abducted, murdered in Bihar; 7 arrested

Pune businessman abducted, murdered in Bihar; 7 arrested

Rediff.com16 Apr 2025

Laxman Sadhu Shinde's body was found in Bihar's Jehanabad district on Tuesday. He had landed at the Patna airport on April 11.

Woman held for smuggling MDMA, hid drugs in private parts

Woman held for smuggling MDMA, hid drugs in private parts

Rediff.com22 Mar 2025

First, 50 grams of MDMA was found in the car. Subsequently, the woman was medically examined and found to have hidden around 40 grams of MDMA in her private parts, police said.

Arming Armed Forces: India's Choice Not Trump's

Arming Armed Forces: India's Choice Not Trump's

Rediff.com17 Mar 2025

We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).

Govt's Rs 28,602 cr boost for manufacturing industry

Govt's Rs 28,602 cr boost for manufacturing industry

Rediff.com28 Aug 2024

The government on Wednesday approved 12 new industrial cities in 10 states on the lines of Greater Noida in Uttar Pradesh and Dholera in Gujarat to boost domestic manufacturing with an estimated investment of Rs 28,602 crore. These industrial areas will be in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in AP, and Jodhpur-Pali in Rajasthan, and one in Haryana. A decision in this regard was taken in a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.

IAF tests inaugural flight at Navi Mumbai airport

IAF tests inaugural flight at Navi Mumbai airport

Rediff.com11 Oct 2024

The airport, being developed by the Adani Group, is expected to start commercial operations early next year.

IMF imposes 11 new conditions on Pak, warns against tensions with India

IMF imposes 11 new conditions on Pak, warns against tensions with India

Rediff.com18 May 2025

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.

Freight corridors draw global giants

Freight corridors draw global giants

Rediff.com27 Nov 2006

Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

30 mega food-parks to come up across India

30 mega food-parks to come up across India

Rediff.com7 May 2008

The government plans to establish 30 mega food-parks in different parts of the country through the public-private partnership (PPP)-route and special purpose vehicle modes.The public-private partnership route or special purpose vehicle mode would be adopted for these parks, he added. The centre planned to set up the parks from this year on, he said.

GAIL, NTPC to buy equal stake in DPC

GAIL, NTPC to buy equal stake in DPC

Rediff.com5 Feb 2005

GAIL and NTPC would pick up equal stakes in the defunct Dabhol project by pumping in Rs 500 crore each through a special purpose vehicle, GAIL chairman and managing director Prashanto Banerjee told reporters in New Delhi.

Man gets life term for raping Covid patient in ambulance in Kerala

Man gets life term for raping Covid patient in ambulance in Kerala

Rediff.com11 Apr 2025

A court in Kerala has sentenced a man to life imprisonment for brutally raping and physically assaulting a 19-year-old COVID-19 patient belonging to the Dalit community. The incident occurred in 2020 while the woman was being transported to a treatment center. The accused, Noufal, was also ordered to pay a fine of Rs 2,12,000. The court found him guilty after a trial that involved examining 55 witnesses, reviewing 83 documents, and inspecting 12 material exhibits. The investigation was led by R Binu, Deputy Superintendent of Police (DySP) in Adoor at the time.

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Rediff.com26 Dec 2023

'Exit the car and call for your vehicle to be towed.'

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Maruti Suzuki unveils first electric SUV eVITARA

Maruti Suzuki unveils first electric SUV eVITARA

Rediff.com17 Jan 2025

Speaking at the unveiling of the model at the Auto Expo, held as part of the Bharat Mobility Show, Suzuki Motor Corporation representative director and president Toshihiro Suzuki said the electric SUV would be exported to various regions, including Europe and Japan. Suzuki Motor Corporation, which has around 58 per cent stake in Maruti Suzuki India, plans to make India a global production hub for the model.

Why Asim Munir Wanted War

Why Asim Munir Wanted War

Rediff.com19 May 2025

The launch of the first-ever direct train service from Delhi to Kashmir would be a big turning point in the Valley's mood and its integration with India. He had to thwart it at any cost, asserts Shekhar Gupta.

Tata Motors cuts prices of EVs by up to Rs 3 lakh

Tata Motors cuts prices of EVs by up to Rs 3 lakh

Rediff.com10 Sep 2024

Tata Motors on Tuesday said it has reduced prices of its electric vehicle model range by up to Rs 3 lakh. The Mumbai-based automaker said it has reduced the price of Nexon EV by up to Rs 3 lakh, Punch EV by 1.2 lakh, and Tiago EV by Rs 40,000.

Former ISRO Chairman To Probe Failure

Former ISRO Chairman To Probe Failure

Rediff.com8 Feb 2025

'The work is already on with various data being studied.'

What's A Stealth Fighter?

What's A Stealth Fighter?

Rediff.com30 May 2025

If I were to explain stealth to a layperson, I'd ask them to think of the game chupan-chupai (hide and seek) we played as children, explains Air Commodore Nitin Sathe (retd).

Security beefed up at major railway stations after Delhi stampede

Security beefed up at major railway stations after Delhi stampede

Rediff.com16 Feb 2025

Following a stampede at New Delhi railway station and large crowds arriving for the Maha Kumbh, authorities in Uttar Pradesh have implemented stringent security protocols at key railway stations including Prayagraj, Varanasi, Ayodhya, Kanpur, Lucknow and Mirzapur. Measures include restricted entry, holding areas for passengers, increased security personnel, and improved facilities to prevent overcrowding.

Can Karnataka become the hub of electric vehicles?

Can Karnataka become the hub of electric vehicles?

Rediff.com14 Sep 2017

Eyes investments of Rs 31,000 cr in research and manufacturing of electric vehicles

MoD's Big Made In India Push

MoD's Big Made In India Push

Rediff.com3 Aug 2022

Banning the import of platforms that are already being built in India serves little purpose.