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Uttar Pradesh

Income tax Dept looking into cheques to captian Dhoni by Amrapali group

Income tax Dept looking into cheques to captian Dhoni by Amrapali group
The India cricket team captain Mahendra Singh Dhoni may face problem now in an income tax investigation. The tax department is looking to investigate the issue of four post-dated cheques worth Rs 75 crore issued by Amrapali Group. Chairman Anil Sharma to Dhoni The cheque issued in year 2011-12, was to be encashed in 2014. [...] Continue Reading »

Ecogreen directed by SEBI not to raise public money

Ecogreen directed by SEBI not to raise public money
Ecogreen Real Estate has been banned from mobilizing funds from public investors as well as from launch any new scheme. It was noted by SEBI that Uttar Pradesh based company was inviting applications to book plots of residential/commercial land under ‘Land-Linked – One Time Payment Plan’ scheme. The plan seems to be unauthorized ‘Collective Investment [...] Continue Reading »

Paarth Infra to invest Rs 5,000 cr in UP realty projects

Paarth Infra to invest Rs 5,000 cr in UP realty projects
During this calendar year, Realtor Paarth Infrabuild has intended to invest about Rs 5,000 crore in different projects to be launched in Uttar Pradesh. Paarth Director and Promoter Pradeep Misra told sources, the real estate projects would primarily be launched in Lucknow, Noida and Kanpur. He informed, “We aim to develop area aggregating 12 million [...] Continue Reading »

Seven airports in UP to be developed by AAI

Seven airports in UP to be developed by AAI
On Monday the home state of civil aviation minister Ajit Singh confirmed that seven airports will be developed in Uttar Pradesh by the Airports Authority of India (AAI) under an agreement it signed with the state government. The AAI would develop airports at Meerut, Moradabad, Faizabad and new civil enclaves in the IAF airports at [...] Continue Reading »

Sonia to inaugurate Rs 2,000-cr road projects

Sonia to inaugurate Rs 2,000-cr road projects
Congress president Sonia Gandhi is expected to inaugurate a road projects worth almost R2, 000 crore in her constituency Rae Bareli on February 24. The four projects will lead to smooth connectivity with the corridors that link the state to different parts of the country by linking her constituencies with the neighbouring districts in Uttar Pradesh. While [...] Continue Reading »

Project monitoring group may help get faster clearance in UP

Project monitoring group may help get faster clearance in UP
The Uttar Pradesh government on Thursday decided to set up a self-financed project monitoring group (PMG) to facilitate clearances for infrastructure projects. The initiative is inspired by the Centre’s successful experience in kickstarting stalled investment projects. Four crucial projects held up for the last few years due to lack of clearances has been cleared by [...] Continue Reading »

Land deals rise as land acquisition bill awaits final nod

Land deals rise as land acquisition bill awaits final nod
New Delhi: As the Land Acquisition bill is waiting for the finalisation, there has been a sudden upswing in the number of land deals across few states, said the rural development minister, Mr. Jairam Ramesh. The minister said that a significant rise has been observed in land deals in Maharashtra, West Bengal, Andhra Pradesh and [...] Continue Reading »

NCR projects stalled by UP Govt

NCR projects stalled by UP Govt
The Uttar Pradesh Government has stalled two major multi-crore projects of Delhi. The Public Works Department’s (PWD) project on the bypass road in Kalindi Kunj area and Transco in Noida are the two projects which have been temporarily stopped by the Government. According to senior Delhi Government officials, CM Sheila Dikshit had personally spoken to [...] Continue Reading »

UP government presents their infrastructure developmental plans

UP government presents their infrastructure developmental plans
Uttar Pradesh- Although the initiatives taken by the state government were applauded by the leaders of Corporate and Industry sectors but there were few things left to work upon for infrastructural development. Thus a presentation was made by government in this regard. This presentation included various features like construction of International airport at Kushinagar and [...] Continue Reading »

Toll hike in DND flyway results in a PIL by Noida residents

Toll hike in DND flyway results in a PIL by Noida residents
Noida- With the recent hike in the DND flyway toll rates, from Rs.22 to Rs.25 from November 9, the Federation of Noida Residents Welfare Association (FONRWA) has been opposing the hike and has come to a decision to file a PIL against the unjustified MoU signed with the Noida Toll Bridge Co Ltd. A protest by FONRWA stated [...] Continue Reading »



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