A bevy of dignitaries, filmstars and cricketers were among the 95,000-odd crowd that thronged the Buddh International Circuit to witness the inaugural Indian Grand Prix, in Greater Noida, on Sunday.
World Champion Sebastian Vettel asserted his supremacy by comfortably winning the action-packed inaugural Indian F1 Grand Prix while home team Sahara Force India earned two points through Adrian Sutil'sninth place finish, in Greater Noida, on Sunday.
Sahara Force India team principal Vijay Mallya was a satisfied man after his team achieved the target of registering points in the inaugural Indian Grand Prix with Adrian Sutil managing to bring home the car inside the top 10 bracket, in Greater Noida, on Sunday.
The Formula 1 Grand Prix race in India could generate revenues of over Rs 90,000 crore (Rs 900 billion) in the next 10 years and create 15 lakh new job opportunities for technical workers, industry body Assocham said.
The Supreme Court on Tuesday sought explanation from the Uttar Pradesh government for granting tax exemption to the company organising the India Formula 1 Grand Prix in Greater Noida.
A Uttar Pradesh court on Monday dismissed a petition challenging a lower court order directing the Greater Noida police to file a case against 15 policemen and a commandant for allegedly raping a woman during the crackdown on farmers opposing land acquisition in Bhatta-Parsaul villages.
The innovation universities are part of the ministry of human resource development's brain gain policy.
The Uttar Pradesh government on Saturday demanded the immediate removal of National Women's Commission chief Yasmeen Abrar. The demand came in the wake of Abrar's allegations that women were disrobed and paraded naked by the UP police in Bhatta Paraul village of Greater Noida. Bhatta Paraul has been in the eye of a storm since the villagers clashed with the police to demand better compensation for the land acquired by the state government.
The complaint was filed by Gurgaon resident Paramvir Singh Narang alleging that he had booked a flat in Unitech Cascades at Greater Noida in 2006, which was to be handed over by April 2008 but the company failed to abide by its agreement.
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The Supreme Court on Friday cleared the decks for the Formula 1 race in Greater Noida, stipulating that the organisers would deposit 25 per cent of sale proceeds from tickets in a separate account, which would not be operated without the Apex court's permission.
The model offers homes with sports facilities like race tracks.
The much-awaited homologation of the Budh International Circuit (BIC), venue for the inaugural Indian Grand Prix, is all but over with the FIA team, led by technical director Charlie Whiting, giving a thumbs up to the 5.14km race track.
An official spokesperson of Oerlikon Graziano said, "In the domestic market in India, we have good order position, while in Europe and the US, due to the overall recession, things are a little slower. The Graziano management has taken a decision to grow its business in the Indian market."
The weatherman has predicted rainfall throughout the day with the mercury settling at 19C.
Piped cooking gas rates are also increased by Re 1 with effect from midnight.
Anxious executives from 150 Greater Noida factories met on Wednesday to take stock of the simmering labour unrest in the sprawling industrial township in the outskirts of Delhi after Graziano Transmissioni Managing Director Lalit Kumar Chaudhary was killed by a mob of retrenched workers on Monday. Privately, many of them said it would now become hard to downsize in the impending industrial slowdown.
Honda manufactures cars at a facility in Greater Noida in Uttar Pradesh.
Announcement comes following a production cut by Honda Motor at its plants in Japan following a shortage of components due to the impact of the Tsunami on its parts suppliers.
Delhi's overall air quality index (AQI) stood at 463 at 11.30 am, according to the System of Air Quality and Weather Forecasting and Research (SAFAR).
Mandeo Singh Pathania shot a gallant five under 65 in round four of the Crompton Greaves Open in Mumbai, on Saturday to climb the victory podium for the first time in his professional career.
The promoters of India's inaugural Formula One Grand Prix in 2011 are in talks with MotoGP bosses to bring the world motorcycling championship to the country, a company spokesman said on Tuesday.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
The price of cooking gas piped to household kitchens in the national capital and adjoining cities was hiked by Rs 2.63 per unit on Friday, the second increase in rates in less than two weeks. Piped cooking gas in Delhi will now cost Rs 50.59 per standard cubic meter, as against Rs 47.96 previously, according to Indraprastha Gas Ltd - the firm that retails CNG to automobiles and piped cooking gas to households in the national capital and adjoining towns. The increase is to "partially offset the increase in input gas cost," IGL said in a tweet.
Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
Experts are divides on whether a new international airport should be developed at Greater Noida.
Leading real estate firm Unitech's investment arm Unitech Corporate Parks Plc on Monday said it has received nod from the Board of Approvals for establishment of IT Special Economic Zones at Greater Noida and Kolkata.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
The weather department has said that the skies are expected to be partly cloudy for the next few days in Delhi.
The Birla Institute of Management Technology, Greater Noida, invites applications for admission to its two-year, full-time Post-graduate Diploma in Business Management programme.
The project, which is being implemented on build-operate-transfer basis by the concessionaire Jaiprakash Associates Ltd, is expected to be completed by February 2010, before the commencement of the Commonwealth Games. A special purpose vehicle by the name Jaypee Infratech Ltd has been incorporated recently to implement the project by the concessionaire.
India Red predictably completed the formalities polishing off the India Green lower order early on the fourth and final day to win the inaugural Day-Night Duleep Trophy encounter by a comprehensive 219-run margin in Noida.
After the euphoria, "affordable" realty developers are faced with the reality of excesses.
"To get a first-hand experience of the quality of food served to children, the (GNIDA) CEO tasted the mid-day meal that was served to the students. He also interacted with the students on matters of their school," a GNIDA official said.
Samajwadi Party-backed traders had staged demonstrations outside a few Reliance Fresh stores on the inaugural day. Terming the demonstrations as a "law and order problem", the Mayawati administration ordered the prompt closure of all stores.
China's Vivo said on Thursday it will export more than one million 'Made in India' smartphones in 2023 to achieve a target announced last year when it sent out its first indigenous shipment to Thailand and Saudi Arabia. Vivo India, known for its economical phones, has proposed investing Rs 7,500 crore in the country and it is set to spend Rs 3,500 crore of that amount by end of this year. According to the firm's India Impact Report 2022, it will start production at a new 'state of the art' manufacturing facility by early 2024 after regulatory clearance.
After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.
Real estate companies are now going to the other extreme and falling over each other to offer affordable housing at a price range of Rs 500,000 to Rs 50 lakhs (Rs 5 million). The varied pricing is a function of affordability being a relative term, depending on the location. For instance, a Rs 50- lakh (Rs 5-million) apartment in Mumbai is considered affordable housing. In a city like Nagpur, the same price will qualify for premium housing.
The Birla Institute of Management Technology, Greater Noida, invites applications for admission to its two-year, full-time Post-Graduate Diploma in Business Management programme.
