News for 'real estate law'

CCI pulls up 21 builders for exploiting buyers; but lets them off

CCI pulls up 21 builders for exploiting buyers; but lets them off

Rediff.com4 Feb 2015

Builders were questioned on unfair trade practices.

Congress protest 'to save Rs 2000 cr of Gandhis': BJP

Congress protest 'to save Rs 2000 cr of Gandhis': BJP

Rediff.com13 Jun 2022

Irani said the show of strength by the Congress is aimed at putting pressure on the probe agency, and asserted that nobody is above the law "even Rahul Gandhi".

PAN card mandatory for all transactions above Rs 1 lakh

PAN card mandatory for all transactions above Rs 1 lakh

Rediff.com1 Apr 2015

The government has made pan card mandatory for all transactions above Rs 1 lakh.

Explained in Charts: How IBC has evolved in 3 years

Explained in Charts: How IBC has evolved in 3 years

Rediff.com25 Feb 2020

Among manufacturing companies that went to the National Company Law Tribunal (NCLT), chemicals and metal firms witnessed more resolutions while companies in the labour intensive (employment friendly) leather and textile sectors mostly get liquidated, reports Abhishek Waghmare.

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.

India flags complex security challenges in Indo-Pacific, seeks joint action

India flags complex security challenges in Indo-Pacific, seeks joint action

Rediff.com26 Sep 2023

Singh emphasised that the Indo-Pacific is no more a maritime construct, but a full-fledged geo-strategic issue, and that the region is facing "a complex web" of security challenges, including boundary disputes and piracy.

Now, Cobrapost stings realtors

Now, Cobrapost stings realtors

Rediff.com28 Nov 2014

The company releases documentary showing top executives of dozens of realty firms offering to launder black money.

Plan to buy land in J-K? Read this first

Plan to buy land in J-K? Read this first

Rediff.com3 Dec 2020

All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.

Is the Note Ban a success?

Is the Note Ban a success?

Rediff.com4 Jan 2017

Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.

Will 2015 bring good news for realtors?

Will 2015 bring good news for realtors?

Rediff.com31 Dec 2014

In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.

Companies Act likely to jolt realty firms

Companies Act likely to jolt realty firms

Rediff.com21 Apr 2014

Move to improve transparency but make liquidity more difficult to come by

As Prabhu seeks more power for RPF, Debroy wants wings clipped

As Prabhu seeks more power for RPF, Debroy wants wings clipped

Rediff.com14 Jun 2015

Bibek Debroy Committee proposed railways duty is not to run hospitals, schools, catering, real estate activities and maintaining RPF

How Modi Lost While Winning

How Modi Lost While Winning

Rediff.com6 Jun 2024

For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.

Govt brings all cooperative banks under RBI lens

Govt brings all cooperative banks under RBI lens

Rediff.com24 Jun 2020

The government on Wednesday said that all urban cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India, a development aimed at providing comfort to depositors and prevent repeat of PMC Bank like scams. The President of India will promulgate an ordinance to this effect, Information and Broadcasting Minister Prakash Javadekar told reporters after the meeting of the Union Cabinet.

India's economy showing signs of bottoming out: Credit Suisse

India's economy showing signs of bottoming out: Credit Suisse

Rediff.com17 Dec 2020

After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.

Govt plans to give 23 Rail stations a makeover

Govt plans to give 23 Rail stations a makeover

Rediff.com27 Dec 2017

Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.

Raj Kundra appears before ED in Iqbal Mirchi PMLA case

Raj Kundra appears before ED in Iqbal Mirchi PMLA case

Rediff.com30 Oct 2019

The central probe agency is looking at Kundra's purported dealings with Ranjeet Bindra and a firm called Bastian Hospitality in connection with this case.

PE/VC investments touch all-time high of $9.5 bn in July

PE/VC investments touch all-time high of $9.5 bn in July

Rediff.com16 Aug 2021

Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.

Karti being targeted because he is my son: Chidambaram

Karti being targeted because he is my son: Chidambaram

Rediff.com6 Mar 2016

Chidambaram said that if the government is of the view that Karti has alleged undisclosed assets he would ask it to make a list in this regard and his son will voluntarily execute any document necessary to transfer such assets to it for a nominal consideration of Rs 1.

HC orders demolition of unauthorised construction at Rane's bungalow

HC orders demolition of unauthorised construction at Rane's bungalow

Rediff.com20 Sep 2022

The Bombay high court on Tuesday directed the Mumbai civic body to demolish the unauthorised construction at Union minister Narayan Rane's bungalow in Juhu area in Mumbai, noting that it violated the Floor Space Index (FSI) and Coastal Regulation Zone (CRZ) rules.

Baba Ramdev, Sri Sri and India's skewed corporate laws

Baba Ramdev, Sri Sri and India's skewed corporate laws

Rediff.com12 Apr 2016

The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses, points out Somasekhar Sundaresan.

Prophet row: Property linked to Kanpur violence accused bulldozed

Prophet row: Property linked to Kanpur violence accused bulldozed

Rediff.com11 Jun 2022

Violence broke out in Kanpur on June 3 after some people gathered demanding strict action against former Bharatiya Janata Party spokesperson Nupur Sharma over her comments on Prophet Mohammad.

Investing lessons from 'professional opportunist' Sam Zell

Investing lessons from 'professional opportunist' Sam Zell

Rediff.com10 Aug 2015

Meet Sam Zell or the 'Grave Dancer' who made billions using his business acumen.

Jet Airways revival decision after October 16

Jet Airways revival decision after October 16

Rediff.com9 Oct 2020

Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.

RBI extends restrictions on PMC Bank till Dec

RBI extends restrictions on PMC Bank till Dec

Rediff.com25 Jun 2021

The Reserve Bank on Friday extended the regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank by another six months till December 2021 to enable the completion of its takeover by Centrum Financial Services. Paving the way for takeover of the crisis-ridden bank, the RBI had earlier in the month granted in-principle approval to Centrum Financial Services to set up a small finance bank (SFB). "Taking into account the time required for completion of various activities involved in the process...the validity of the ...Directive dated September 23, 2019, as modified from time to time, has been extended for a further period from July 1, 2021 to December 31, 2021, subject to review," the RBI said in a notification.

IL&FS board faces challenges as resolution takes a Covid-19 knock

IL&FS board faces challenges as resolution takes a Covid-19 knock

Rediff.com14 Sep 2020

With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.

Will GST 2.0 lead to changes in tax rates?

Will GST 2.0 lead to changes in tax rates?

Rediff.com16 Jul 2018

Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.

How much black money is stashed abroad?

How much black money is stashed abroad?

Rediff.com25 Jun 2019

The studies found that sectors with the highest unaccounted income included real estate, mining, pharmaceuticals, pan masala, gutkka and tobacco, bullion and commodity markets, film industry, educational institutes and professionals.

Iqbal Mirchi's sons, wife declared fugitive economic offenders

Iqbal Mirchi's sons, wife declared fugitive economic offenders

Rediff.com27 Feb 2021

A special court in Mumbai on Friday declared three family members of late gangster Iqbal Mirchi as 'fugitive economic offenders' under the provisions of a criminal law by the same name, official sources said.

Anand Piramal, Mukesh Ambani's future son-in-law

Anand Piramal, Mukesh Ambani's future son-in-law

Rediff.com10 May 2018

The Harvard alum has known the Yale alum for ages, but hit it off recently.

Atiq Ahmed given life sentence for Umesh Pal kidnapping, brother acquitted

Atiq Ahmed given life sentence for Umesh Pal kidnapping, brother acquitted

Rediff.com28 Mar 2023

An MP-MLA court in Prayagraj on Tuesday held gangster-politician Atiq Ahmed and two others guilty in the 2006 Umesh Pal kidnapping case.

Shiv Sena-NCP Leaders Facing ED Heat

Shiv Sena-NCP Leaders Facing ED Heat

Rediff.com31 Mar 2022

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.

Home sales crash by 18% in Q2 y-on-y

Home sales crash by 18% in Q2 y-on-y

Rediff.com26 Oct 2017

Pune, Noida, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a decline in sales as well as launches, while only two cities, Mumbai and Gurugram, saw a rise in demand and supply.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

How DHFL diverted Rs 12,700 crore to shadowy firms

How DHFL diverted Rs 12,700 crore to shadowy firms

Rediff.com30 Jan 2020

The ED, which is probing the DHFL promoters' role in financing funds to gangster Iqbal Memon (alias Iqbal Mirchi), said Kapil Wadhawan, former chairman and managing director of the debt-laden company, played a very crucial role in these "nefarious transactions" by way of money laundering.

11 things you MUST consider before buying your dream home

11 things you MUST consider before buying your dream home

Rediff.com20 Oct 2016

Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist

Trump will not block ex-FBI chief's testimony: White House

Trump will not block ex-FBI chief's testimony: White House

Rediff.com6 Jun 2017

Comey is scheduled to appear before the Senate Intelligence Committee on Thursday.

How distorted laws are helping India Inc to bypass FDI rules

How distorted laws are helping India Inc to bypass FDI rules

Rediff.com3 Jan 2017

Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.

Govt accepts Cairn's offer on retro tax

Govt accepts Cairn's offer on retro tax

Rediff.com18 Nov 2021

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the requirements of the new legislation that scraps levy of retrospective taxation, the company had earlier this month given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government has now accepted this and issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said.

Trump appoints son-in-law to White House as senior advisor

Trump appoints son-in-law to White House as senior advisor

Rediff.com10 Jan 2017

Jared Kushner, the 35-year-old, played a key role in the presidential campaign and his new White House job will cover both domestic and foreign policy.