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Shares of realty firm Godrej Properties has gained over 7 per cent, with its market capitalization added to Rs 156 crore in a single trading session. Shares of the company, which had jumped more than 7 per cent to a high of Rs 560 on the BSE, settled for the day with gains of over 3.24 [...] Continue Reading »
The High Court of Karnataka on Tuesday sent a notice to the Bruhat Bangalore Mahanagara Palike (BBMP) in a petition alleging irrational lease of public properties. Five Year Law Course Students’ Association, the petitioner, had approached the Court alleging that the Palike has leased out its property for a pittance. The petitioner had claimed that [...] Continue Reading »
The Car Fiesta 2012 held near Purva Riviera club house, in Marathahalli on Saturday has been an exuberant and exciting event. It has been a grand success, recognized by many as their favourite car event, with major car makers showcasing their latest models in the show. One of the largest automobile manufacturers, Mahindra and Mahindra [...] Continue Reading »
The Karnataka Prantha Raitha Sangha (KPRS) has opposed the new land reforms bill proposed by the state government. KPRS president Maruti Manpade has said that the government is trying to expand the definition of the term ‘farmer’ in the new bill on Monday. Manpade said the present BJP government is bringing in reforms which will allow the corporate [...] Continue Reading »
As the electricity department took hours to fix the power breakdowns, residents of Chandigarh, Mohali and the entire Zirakpur spent hours without power on Sunday night and Monday. For hours together on Sunday night, Chandigarh’s sectors 35-A, 48-C and 44 was in darkness, as an electricity pole caught fire due to the showers. On Monday afternoon, [...] Continue Reading »
Wild plants and weeds growing on vacant sites in residential areas in Hassan is becoming an eyesore and helping breeding of mosquitoes and other insects and reptiles. The vacant sites in these areas are becoming dumping places for garbage. Even though garbage bins overflow due to irregular clearance, these vacant sites outclass them for their [...] Continue Reading »
The finance ministry has issued a notification exempting the Railways from 12 per cent service tax for three months till September 30, today. Thus, passenger fares and freight charges will not increase immediately. Railway Minister Mukul Roy had written to Prime Minister Manmohan Singh, requesting him not to introduce service tax on passenger fare and [...] Continue Reading »
The opposition leader MK Gunashekar has said that the Bruhat Bangalore Mahanagara Palike (BBMP) budget for 2012-13 is highly unrealistic and many infrastructure projects planned for this year will not be executed in the BBMP council on Monday. Ruled by BJP, the BBMP has failed to maintain transparency in preparing the budget and the budget [...] Continue Reading »
XRBIA Developers, the former Eiffel Developers & Realtors Ltd., has recently revealed the first-of-its-kind affordable housing brand XRBIA for pan India. Hafeez Contractor, a 61 year old renowned architect, has developed a revolutionary new design for affordable housing. An exact full size model of the actual house was shown during an occasion. XRBIA – Connoting [...] Continue Reading »
Tamil Nadu Chief Minister J. Jayalalithaa has increased the housing loan ceiling and medical insurance cover for government employees. The government had decided to enhance the housing loan ceiling for government employees from Rs 15 lakh to Rs 25 lakh and from Rs 25 lakh to Rs 40 lakh for those designated with Central government [...] Continue Reading »
