News for 'Urban Development Company'

Zomato, Zepto, Swiggy, Urban Company, Porter Challenge Karnataka Gig Workers Act

Zomato, Zepto, Swiggy, Urban Company, Porter Challenge Karnataka Gig Workers Act

Rediff.com1 Jul 2026

'If there are different laws governing the same subject, it can increase the compliance burden on platforms. The process would be easier and more transparent if there were a singular national-level law.'

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.

How PhonePe's Data Platform Will Enhance National Planning

How PhonePe's Data Platform Will Enhance National Planning

Rediff.com5 days ago

Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com1 days ago

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

Rediff.com28 Jul 2026

Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.

How EVTOLs Can Revolutionise India's Medical Logistics

How EVTOLs Can Revolutionise India's Medical Logistics

Rediff.com31 Jul 2026

Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Pune plant mishap: 2 officials booked over safety lapses

Pune plant mishap: 2 officials booked over safety lapses

Rediff.com14 Jul 2026

Police in Pune have registered a case against two officials of Antony Lara Renewable Energy Pvt Ltd following the collapse of a three-storey building at a waste-to-energy project, which resulted in nine deaths. The officials are booked for culpable homicide and negligence, as preliminary inquiries suggest a lack of safety measures despite heavy rains and the proximity of a large waste mound. The Maharashtra government has formed a high-level technical committee to investigate the incident and recommend preventive measures.

Urban India likely to account for 70% of GDP in FY26

Urban India likely to account for 70% of GDP in FY26

Rediff.com21 Feb 2026

India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.

China Imposes Sweeping Drone Restrictions Following Beijing Plane Incident

China Imposes Sweeping Drone Restrictions Following Beijing Plane Incident

Rediff.com10 Aug 2026

China has cancelled drone shows and suspended drone flights across several provinces following a small plane crash in Beijing that raised significant security concerns, especially near top leadership compounds. This move signals a tightening of low-altitude aviation regulations, impacting the burgeoning "low-altitude economy" and civilian drone use, with new laws classifying illegal drone use as a public security threat.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com14 Jul 2026

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com26 Jun 2026

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

Delhi Gymkhana seeks alternate land amid takeover row

Delhi Gymkhana seeks alternate land amid takeover row

Rediff.com26 May 2026

Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Why Kolkata Municipal Corporation Is Investigating Banerjee's Properties

Why Kolkata Municipal Corporation Is Investigating Banerjee's Properties

Rediff.com19 May 2026

The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Rediff.com12 Sep 2025

The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. The Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer, according to NSE data.

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Rediff.com19 May 2026

The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

Rediff.com24 Jun 2026

A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.

Why Hakim Is Distancing Himself From Banerjee Property Notices

Why Hakim Is Distancing Himself From Banerjee Property Notices

Rediff.com20 May 2026

Mayor Firhad Hakim has distanced himself from notices issued by the Kolkata Municipal Corporation (KMC) to properties allegedly linked to TMC leader Abhishek Banerjee, asserting that such matters are handled by the civic body's executive wing.

Delhi sets countdown for ICE 2W, 3W phaseout

Delhi sets countdown for ICE 2W, 3W phaseout

Rediff.com30 Jun 2026

The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.

Novartis Launches Prostate Cancer Radiotherapy

Novartis Launches Prostate Cancer Radiotherapy

Rediff.com23 Jun 2026

The launch highlights the growing maturity of India's nuclear medicine ecosystem.

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Rediff.com10 Jun 2026

Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.

How to make urban development projects more accountable

How to make urban development projects more accountable

Rediff.com7 Jul 2015

Implementation of the reforms through a special purpose vehicle is a way to seek greater accountability.

The perfect pitch is the goal for World Cup grass growers

The perfect pitch is the goal for World Cup grass growers

Rediff.com4 Jun 2026

From Mexico to Canada, across 16 stadiums in wildly different climates, the continental tournament is putting turf science to its ultimate test. The goal: creating living surfaces that can withstand kicks, studs, tackles and scorching summer heat.

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Rediff.com16 Jun 2026

Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Rediff.com23 May 2026

The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.

How Delhi's Forests Are Quietly Combating Climate Change

How Delhi's Forests Are Quietly Combating Climate Change

Rediff.com9 May 2026

Researchers have discovered that Delhi's urban forests are significant carbon sinks, storing substantial amounts of carbon in trees and soil, with the potential to generate revenue through carbon credits. The study highlights the importance of preserving and expanding these forests to combat climate change.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Why non- NCR developers are flocking to Gurugram

Why non- NCR developers are flocking to Gurugram

Rediff.com30 Dec 2025

Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.

HC relief for Delhi Gymkhana Club amid eviction row

HC relief for Delhi Gymkhana Club amid eviction row

Rediff.com27 May 2026

The Centre had asked the Gymkhana Club in Lutyens' Delhi to hand over the premises, citing that the 27.3-acre plot was required for "strengthening and securing defence infrastructure".

Realty faces execution pressure as developers expand launch pipelines

Realty faces execution pressure as developers expand launch pipelines

Rediff.com22 Dec 2025

Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Rediff.com17 Apr 2026

Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Rediff.com30 Apr 2026

Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Rediff.com1 Apr 2026

Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

Nifty FMCG down over 6% in 2026, investors focus on select stocks

Nifty FMCG down over 6% in 2026, investors focus on select stocks

Rediff.com13 Feb 2026

Stocks of fast-moving consumer goods companies have taken it on the chin in calendar year 2026 (CY26) with the Nifty FMCG index falling over 6 per cent compared to the Nifty 50 dipping 0.8 per cent. Nifty FMCG is one of the worst-performing sectors on the NSE in CY26.

'DMK Holds Advantage In Tamil Nadu Polls'

'DMK Holds Advantage In Tamil Nadu Polls'

Rediff.com16 Apr 2026

'The AIADMK front comes second, and then the TVK.'

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.