News for 'property recovery'

Delhi FIR not first in country under new law; case dismissed, says Shah

Delhi FIR not first in country under new law; case dismissed, says Shah

Rediff.com1 Jul 2024

Union Home Minister Amit Shah said the Delhi case was not the first FIR registered in the country. He said the first case under the new laws was about a motorcycle theft registered in Madhya Pradesh's Gwalior at 10 minutes past midnight.

No trademark, copyright rights for FB group, rules Bombay HC

No trademark, copyright rights for FB group, rules Bombay HC

Rediff.com27 Mar 2023

The recovery and restoration of ownership of a group on Facebook cannot be termed as a dispute relating to trademark and intellectual property, the Bombay high court said while holding that a civil court has the jurisdiction to hear a suit seeking such declaration.

Kuwaiti authorities identify bodies of 45 Indians; vows prompt probe

Kuwaiti authorities identify bodies of 45 Indians; vows prompt probe

Rediff.com14 Jun 2024

Kuwaiti authorities have identified the bodies of 45 Indians and three Filipino nationals killed in the tragic fire incident in a building housing foreign workers in the Gulf Kingdom, a top official said on Thursday.

Kingfisher lenders say recovery is the last option

Kingfisher lenders say recovery is the last option

Rediff.com21 Oct 2012

Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations.

4 convicted for murder of journalist Soumya Vishwanathan

4 convicted for murder of journalist Soumya Vishwanathan

Rediff.com18 Oct 2023

A Delhi court on Wednesday convicted four people for the murder of television journalist Soumya Vishwanathan, who was shot dead 15 years ago while she was returning home from work.

Sahara averts foreclosure auction of US hotel properties

Sahara averts foreclosure auction of US hotel properties

Rediff.com27 Mar 2016

The company has been given time till June by mortgage holders Reuben Brothers

Urgent: Pay your property tax now!

Urgent: Pay your property tax now!

Rediff.com30 Oct 2004

If you live in Delhi, the last date to pay your property tax is October 31.

'My Father Made Me What I Am'

'My Father Made Me What I Am'

Rediff.com17 Jun 2024

'Dharti par jo Rab hota hai, woh hai pitaah (There's a God on earth, and it's a Father).'

Buying a property? Learn about loan to value

Buying a property? Learn about loan to value

Rediff.com31 May 2012

The Reserve Bank of India has brought about many new directives and guidelines in order to curb speculation in the property market as the sector stands poised for a revival post recession recovery.

Markets see 70% chance BJP forming next govt

Markets see 70% chance BJP forming next govt

Rediff.com9 Sep 2023

The key risk factors would be anti-incumbency, small vote share swings causing large impact on outcomes and the 2004 example.

Life insurers ramp up presence in Tier-II, Tier-III cities

Life insurers ramp up presence in Tier-II, Tier-III cities

Rediff.com11 Jan 2024

The overall physical presence of life insurance companies in Tier-II and Tier-III cities increased in FY23 compared to a year ago period on account of the higher impetus given to financial inclusion by the government and insurance regulator, as well as recovery from the Covid-19 pandemic, according to the latest data released by the Insurance Regulatory and Development Authority of India (Irdai). It is the first time that there has been growth in the number of offices since the financial year 2019-20.

'India on the way to gradual, uneven recovery'

'India on the way to gradual, uneven recovery'

Rediff.com29 Dec 2015

Sensex has lost almost 1,500 points since December 31, 2014.

Improving hiring expectations, investment gains positive for Info Edge

Improving hiring expectations, investment gains positive for Info Edge

Rediff.com6 Apr 2024

Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally below expectations, Info Edge (India) is witnessing strong investment trends and hitting new highs. The big driver is optimism about a pickup in the jobs market, which benefits Naukri.com and could mean upgrades in Q4FY24 expectations. The JobSpeak Index, which Naukri.com releases on a monthly basis, is showing a "transformative shift".

Realty sector's inventory surges to over Rs 1 trn, outpacing sales growth

Realty sector's inventory surges to over Rs 1 trn, outpacing sales growth

Rediff.com13 Dec 2023

The past 18 months have seen a resurgence in the real estate industry, with developers regaining the ground lost to the Covid-19 pandemic. But it is once again adding inventory at a pace faster than sales. The industry's inventory rose by 28 per cent year-on-year (Y-o-Y) in H1FY24, com-pared to a 25.5 per cent year-on-year increase in net sales during the same period.

Savings declined but resulted in rise in assets: SBI chief economist

Savings declined but resulted in rise in assets: SBI chief economist

Rediff.com22 Sep 2023

The net financial savings of the household sector has moderated to 5.1% of GDP in FY23 from 7.6 per cent in FY20, as households shifted their savings to physical assets amid low interest rates during the pandemic, according to State Bank of India's (SBI) Research report.

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Rediff.com20 Aug 2018

The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.

How To Protect Yourself From Dengue

How To Protect Yourself From Dengue

Rediff.com12 Oct 2023

While there is no specific treatment for dengue, recovery primarily involves managing symptoms and preventing complications, says Dr Amit Sakaria.

Crackdown on chit fund companies gathers pace in Chhattisgarh

Crackdown on chit fund companies gathers pace in Chhattisgarh

Rediff.com17 Feb 2023

Ghanshyam Sahu, a resident of Uparwara of Durg, sold two acres of land to invest the proceeds in a chit fund company, only to realise he had been duped. Like hundreds others, Sahu had given up hope of getting the money back. So when he received Rs 9 lakh from the state government last month, he couldn't believe his luck. "I did not expect the money to be recovered," he candidly told Chhattisgarh Chief Minister Bhupesh Baghel at an event in January.

Why PSU Banks Should Be Held Accountable

Why PSU Banks Should Be Held Accountable

Rediff.com8 Nov 2023

If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.

'Good chance of substantial recovery in next financial year'

'Good chance of substantial recovery in next financial year'

Rediff.com3 Dec 2020

'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'

HC stays DRT order attaching govt properties

HC stays DRT order attaching govt properties

Rediff.com3 Jun 2003

The Mumbai high court on Tuesday stayed till June 13 an order of a Debt Recovery Tribunal attaching immoveable properties of Maharashtra government and its two accounts maintained by Reserve Bank of India and State Bank of India.

Odisha cash haul: Role of hawala operators, shell companies under scanner

Odisha cash haul: Role of hawala operators, shell companies under scanner

Rediff.com12 Dec 2023

An interim report on the action has also been sent by the field investigation wing of the income tax department to the Central Board of Direct Taxes in Delhi, the administrative body for the department.

Soren pleads with SC to declare his arrest as illegal

Soren pleads with SC to declare his arrest as illegal

Rediff.com1 Feb 2024

Jharkhand Mukti Morcha leader Hemant Soren, who had to step down as Jharkhand chief minister in the face of his imminent arrest, on Thursday accused the Enforcement Directorate of arresting him as part of a 'well-orchestrated conspiracy' by the Centre ahead of the Lok Sabha elections due months from now.

Analysts turn cautious on Asian markets; India remains an outlier

Analysts turn cautious on Asian markets; India remains an outlier

Rediff.com30 Aug 2023

The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.

India's top 7 cities register record housing sales in 2022

India's top 7 cities register record housing sales in 2022

Rediff.com27 Dec 2022

Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

Amazon, e-commerce rivals fuel commercial property boom in India

Amazon, e-commerce rivals fuel commercial property boom in India

Rediff.com23 Jan 2015

Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.

MP: Bullet hits senior cop, 24 hurt, 77 booked for violence on Ram Navami

MP: Bullet hits senior cop, 24 hurt, 77 booked for violence on Ram Navami

Rediff.com11 Apr 2022

Curfew was clamped in the entire Khargone city of Madhya Pradesh and 77 people were arrested after stones hurled at a Ram Navami procession triggered arson, officials said on Monday.

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Rediff.com15 Dec 2023

The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.

'Markets have growth potential in medium to long term'

'Markets have growth potential in medium to long term'

Rediff.com8 May 2023

'Indian equity valuations, although not very expensive, are not cheap either.'

Demand for ready-to-move-in properties rises

Demand for ready-to-move-in properties rises

Rediff.com17 Jun 2014

The realty market has been reeling under declining sales, coupled with higher inventory, for the past two years.

Loan Default: Nitin Desai Lost Control Of Studio

Loan Default: Nitin Desai Lost Control Of Studio

Rediff.com2 Aug 2023

The financial creditor had approached district authorities in Raigad to take possession of ND Studio a few months ago.

Spend a little money, improve the value of your property

Spend a little money, improve the value of your property

Rediff.com3 Aug 2015

Launches and sales of house property have seen a continuous drop.

Samvat 2072: Auto sector could see faster recovery

Samvat 2072: Auto sector could see faster recovery

Rediff.com11 Nov 2015

Samvat 2072: Auto sector could see faster recovery

Jefferies sees fiscal pressure building, warns of choppy mkts

Jefferies sees fiscal pressure building, warns of choppy mkts

Rediff.com27 Sep 2023

Fiscal pressure for the Indian economy is gradually rising, suggested analysts at Jefferies in a recent note, as oil prices (Brent) - which are close to the $100 a barrel mark - continue to climb ahead of a busy election calendar. They added that the sharp rally in the equity markets during the last few months has made valuations costly. As a result, Jefferies expects the Indian markets to remain choppy in the near term.

Hard-hit businesses stocks are set for a good time

Hard-hit businesses stocks are set for a good time

Rediff.com14 Apr 2022

The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.

Realtors hope for sunny 2022 with better sales

Realtors hope for sunny 2022 with better sales

Rediff.com27 Dec 2021

India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.

Sisodia slams BJP as AAP asked to pay Rs 160 cr for political ads

Sisodia slams BJP as AAP asked to pay Rs 160 cr for political ads

Rediff.com12 Jan 2023

Delhi Deputy Chief Minister Manish Sisodia on Thursday accused Bharatiya Janata Party of wanting to have 'unconstitutional' control over Delhi officers to have leverage over the city government.

Man, who duped Delhi hotel posing as UAE official, sent to police custody

Man, who duped Delhi hotel posing as UAE official, sent to police custody

Rediff.com22 Jan 2023

Duty magistrate Shivangi Vyas sent Mahamed Sharif for custodial interrogation, noting that police had to recover certain articles from his residence in Delhi, which were allegedly stolen by him.

Rs 1 cr cash, Rs 600 cr crime proceeds detected from Lalu family: ED

Rs 1 cr cash, Rs 600 cr crime proceeds detected from Lalu family: ED

Rediff.com11 Mar 2023

The ED had launched raids on Friday at multiple locations linked to Prasad's family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.

Sale of mid-segment homes overtakes affordable in India: Knight Frank

Sale of mid-segment homes overtakes affordable in India: Knight Frank

Rediff.com5 Jul 2023

The sale of mid-segment homes in India has overtaken affordable ones in the first half of calendar year (CY) 2023, a report released on Tuesday showed. It is despite the increase in residential prices in all the major cities in India. The share of premium homes has also gone up during the period.