News for 'real estate law'

Demolish Supertech's 40-storey twin towers in Noida, orders SC

Demolish Supertech's 40-storey twin towers in Noida, orders SC

Rediff.com31 Aug 2021

Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.

3 things Modi must fix for the success of 'Make in India'

3 things Modi must fix for the success of 'Make in India'

Rediff.com15 Dec 2014

Modi's Make in India will work only if the cost of borrowing comes down.

Reliance, Airtel and 2 others bid for three Anil Ambani group companies

Reliance, Airtel and 2 others bid for three Anil Ambani group companies

Rediff.com26 Nov 2019

The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.

After Bengal, Odisha emerges as another ponzi hotbed

After Bengal, Odisha emerges as another ponzi hotbed

Rediff.com4 Nov 2014

A large number of companies, either based out of this eastern state or having a significant presence there, are being probed for running illicit 'collective investment schemes', while penal action has already been initiated by Sebi against over 20 other entities from the region.

Trump Jr's business trip to India cost US taxpayers nearly $100K: Report

Trump Jr's business trip to India cost US taxpayers nearly $100K: Report

Rediff.com16 Nov 2018

In February this year, Donald J Trump Jr, 40, had travelled to four Indian cities, New Delhi, Mumbai, Pune and Kolkata, to promote the high-rise luxurious condos being build by the Trump Organization, of which US president Donald Trump is the sole owner.

Budget rebate for individuals not as bold as it seemed

Budget rebate for individuals not as bold as it seemed

Rediff.com18 Feb 2019

Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.

Budget provisions to check black money much needed: SIT

Budget provisions to check black money much needed: SIT

Rediff.com1 Mar 2015

Arun Jaitley declared proposal for a comprehensive law.

Modi has his hands full, still time for him to deliver results?

Modi has his hands full, still time for him to deliver results?

Rediff.com16 Apr 2015

Modi sarkar will have to undertake reforms to prove its mettle.

Political discourse becoming more vulgar: Jaitley

Political discourse becoming more vulgar: Jaitley

Rediff.com24 Dec 2015

Amid frequent face offs between the government and opposition, Finance Minister Arun Jaitley on Wednesday said political discourse in the country has become "more vulgar".

We have to work round the clock: Girija Vyas

We have to work round the clock: Girija Vyas

Rediff.com19 Jun 2013

My aim will be to get the Real Estate (Regulation and Development) Bill, recently cleared by the cabinet, tabled and passed in Parliament, says Girija Vyas.

SC orders sale of Sahara's Rs 34K cr Aamby Valley properties

SC orders sale of Sahara's Rs 34K cr Aamby Valley properties

Rediff.com17 Apr 2017

The bench asked the official liquidator, attached with the Bombay high court, to auction Aamby Valley properties, estimated to be worth Rs 34,000 crore, and directly report to it

Want to be a professional drone pilot?

Want to be a professional drone pilot?

Rediff.com27 Aug 2020

There's a need to train 40,000 pilots over the next year-and-a-half.

SC warns Amrapali homebuyers on dues

SC warns Amrapali homebuyers on dues

Rediff.com11 Sep 2019

A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.

Tracing the chequered life of V G Siddhartha

Tracing the chequered life of V G Siddhartha

Rediff.com31 Jul 2019

Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.

Competition Commission slaps Rs 1.35 bn fine on Google

Competition Commission slaps Rs 1.35 bn fine on Google

Rediff.com9 Feb 2018

The order was passed with dissent by two members, and four members feeling that there had been abuse of the search engine's dominant position.

Bizman held in Kaskar extortion case; Shakeel link revealed

Bizman held in Kaskar extortion case; Shakeel link revealed

Rediff.com28 Sep 2017

The businessman, Pankaj Gangar, used to transfer the money to Shakeel

New York court pauses Cairn tax suit

New York court pauses Cairn tax suit

Rediff.com26 Sep 2021

A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute. The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.

Uphaar tragedy: Ansal brothers fined Rs 60 crore, escape jail term

Uphaar tragedy: Ansal brothers fined Rs 60 crore, escape jail term

Rediff.com19 Aug 2015

Real estate barons Sushil and Gopal Ansal on Wednesday escaped being jailed in the 18-year-old gruesome Uphaar Cinema fire tragedy in which 59 people died.

No end to Sahara's troubles, ED slaps notice on London deal

No end to Sahara's troubles, ED slaps notice on London deal

Rediff.com6 Feb 2015

Sahara made an overseas direct investment against RBI rules.

Chandrayaan-3 Will Head To Moon In 2022

Chandrayaan-3 Will Head To Moon In 2022

Rediff.com8 Feb 2022

ISRO hopes to put a crew on the moon, but it has to learn how to keep people alive and healthy in space first.

Switzerland will share details of at least 50 Indian A/C holders

Switzerland will share details of at least 50 Indian A/C holders

Rediff.com16 Jun 2019

These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.

'Videocon lenders to eventually take 50-55% haircut'

'Videocon lenders to eventually take 50-55% haircut'

Rediff.com21 Jul 2021

Lenders to Venugopal Dhoot-founded Videocon Group will eventually take 50-55 per cent haircut and not 95 per cent as is being reported after considering about Rs 15,000 crore expected from the sale of the group's overseas oil and gas assets, its former CFO Rajneesh Gupta claimed. Videocon Industries Ltd, which is comprised of its consumer electronics business and interest in the Ravva oil and gas field, and its overseas oil and gas assets, mainly comprising of oil blocks in Brazil, are being auctioned separately to recover unpaid loans. While Anil Agarwal-led Vedanta Group has picked up Videocon Industries for Rs 2,962 crore, the bids for overseas assets are yet to be decided.

4 senior citizens brought down realtor Supertech's big plans

4 senior citizens brought down realtor Supertech's big plans

Rediff.com1 Sep 2021

It was the relentless pursuit of justice over a decade by a group of senior citizens that resulted in the Supreme Court's order for demolition of the illegal 40-storey twin towers of a real estate group in Noida.

The Importance Of Nancy Pelosi

The Importance Of Nancy Pelosi

Rediff.com3 Aug 2022

Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.

Modi attacks Congress over bad loans, calls it biggest UPA scam

Modi attacks Congress over bad loans, calls it biggest UPA scam

Rediff.com13 Dec 2017

The PM blamed the UPA regime for the problems in the banking sector.

Jhunjhunwala the biggest draw as investors line up to board Akasa

Jhunjhunwala the biggest draw as investors line up to board Akasa

Rediff.com25 Jan 2022

Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.

ISIS attempted suicide attack in India last year: US

ISIS attempted suicide attack in India last year: US

Rediff.com6 Nov 2019

'Of all of the branches and networks of ISIS, ISIS-K is certainly one of those of most concern.'

What Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

Downton Abbey, Back Once More

Downton Abbey, Back Once More

Rediff.com16 May 2022

Downton Abbey: A New Era premiered at the Metropolitan Opera House in New York on May 15. Guess who was there to celebrate?

Revealed: Why Urjit Patel quit as RBI governor

Revealed: Why Urjit Patel quit as RBI governor

Rediff.com25 Jul 2020

Patel, who headed the RBI from September 2016 till his sudden resignation in December 2018, says in his book thta the government seemed to lose enthusiasm for the new bankruptcy law in the middle of the year he left the central bank. Though Patel does not name anybody in the book, the mid-2018 period he refers to is the time when Piyush Goyal held temporary charge of the finance ministry between May and August.

ED attaches Rs 100 crore assets in NSEL case

ED attaches Rs 100 crore assets in NSEL case

Rediff.com16 Dec 2013

The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.

Jaitley should have tightened the fiscal belt: Arvind Virmani

Jaitley should have tightened the fiscal belt: Arvind Virmani

Rediff.com7 Mar 2015

Budget has several small steps which will boost growth

Book by FBI chief fired by Trump to hit stores in April

Book by FBI chief fired by Trump to hit stores in April

Rediff.com27 Feb 2018

In "A Higher Loyalty: Truth, Lies, and Leadership", James Comey will "explore what good, ethical leadership looks like and how it drives sound decisions", according to Pan Macmillan, which has acquired the publishing rights in the United Kingdom and the Commonwealth excluding Canada.

Supreme court tells DLF to pay Rs 630-cr fine

Supreme court tells DLF to pay Rs 630-cr fine

Rediff.com28 Aug 2014

Turns down firm's plea for stay on CCI order; final order pending

Coop banks saw 181 fraud cases of Rs 127 cr last year

Coop banks saw 181 fraud cases of Rs 127 cr last year

Rediff.com27 Jan 2020

However, the RBI declined to share details of action being taken on these fraud cases saying "it is not readily available".

Drone shot down over Beijing after security scare

Drone shot down over Beijing after security scare

Rediff.com15 Dec 2014

A suspicious low-altitude drone flying in the restricted airspace of the Chinese capital that sparked a major security alert and delayed a number of commercial flights, was shot down by the People's Liberation Army military helicopter, state-media reported one year after the incident.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Cabinet nod for steps to boost liquidity in realty sector

Cabinet nod for steps to boost liquidity in realty sector

Rediff.com31 Aug 2016

The Cabinet, chaired by Prime Minister Narendra Modi, allowed contractors to move to the new, speedier arbitration process, approved the release of 75 per cent of the amount in dispute against bank guarantees and provided for a conciliation board comprising independent domain experts in new contracts.

Was govt's decision to sell Cairn shares flawed?

Was govt's decision to sell Cairn shares flawed?

Rediff.com8 Aug 2021

Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.

Giving wings to startups

Giving wings to startups

Rediff.com13 May 2019

Ajit Balakrishnan offers a recipe for creating 100,000 plus angel investors in India.