Government
“We have seen interests from both global as well as domestic investor that is why there is a huge potential for investment in the infrastructure projects. Although we have seen a downfall recently but the market will be in pace in the coming months, “said by IL&FS Financial Services Managing Director and Chief Executive Officer [...] Continue Reading »
After the country’s coming elections that will lead to a new wave of infrastructure development, Chairman of the Tata Group, Cyrus Mistry, is scheduling to spend at least $8 billion in building roads, airports and housing, betting a stable administration. In December 2012 after Ratan Tata’s two decades at the helm, Mistry, 45, took over [...] Continue Reading »
A total ban on recuperation and creation on wetlands in Maharashtra which called for timely action against violations was ordered on Wednesday by the Bombay high court. A wetland is any land bordering a water body, which gives a distinct eco-system. This could be coastal or inland and include mangroves, marshes and swamps. Justices V [...] Continue Reading »
Recently, Hyderabad district administration has taken back 3.31 acres of prime government land in Jubilee Hills allotted to Anand Cine Services, which is an outdoor film unit ,because the management failed to utilise it for the purpose it was assigned. The land which is resumed is expected to be worth nearly Rs 100 crore. In [...] Continue Reading »
A complaint was filed in the Bombay high court by a Thane resident claiming that two civic bodies had authorized cluster redevelopment in their areas without doing any impact evaluation study of the scheme. On March 19 hearing will be done on the PIL filed by Dattatray Daund. Daund alleged that impact assessment study should [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
On Wednesday, in the Goa legislative assembly, Goa (Abolition of proprietorships, titles and grants of lands) bill, 2014, was introduced for abolishing the rights of the landlords over the evacuee properties that were acquired from the Portuguese government. To abolish the proprietary rights of the landlords may finally see the light of the day with [...] Continue Reading »
The government is planning to come up with a company, National Highways Construction Company, for building roads in border areas and north eastern regions. A road ministry official informed that while NHAI (National Highways Authority of India) build roads all over the country, this company will focus on building roads in border areas and in [...] Continue Reading »
Sachin Ahir, state housing minister, stated that one might be penalised if they have a second house and don’t give it out on rent or sell it off. Government is functioning on the modalities. According to the 2011, census there is 41.86 lakh houses in Mumbai. A house-to-house survey showed that of this 4.79 lakh [...] Continue Reading »
Praveen Kumar, MCG commissioner of Gurgaon, has directed sanitation contractors to clear all construction and demolition waste in the city immediately. He informed that once the waste is cleared than anyone found dumping construction and demolition waste in the city will be fined Rs. 25,000. Four transit sites have been indentified for collecting and dumping [...] Continue Reading »
