Uttarakhand
Hero MotoCorp approached the board of revenue in Uttarakhand to seek relief against a penalty of Rs 111 crore on alleged stamp duty evasion. This was pertaining to the lease deed of its Haridwar manufacturing plant. However the unfortunate news for Hero is that the Chief Minister Harish Rawat has ruled out any relaxation in the fine. He defended the decision [...] Continue Reading »
Coca-Cola has decided to look for a site for its proposed bottling plant elsewhere after it was not allowed to set up a plant in in Chharba, due to opposition on environmental grounds. A spokesman of the Hindustan Coca-Cola Beverages Ltd, the Indian arm of Coca-Cola says that the company is in discussions with SIDCUL [...] Continue Reading »
Uttarakhand has always been among the top destinations on buyer’s wish list and the property market has witnessed a dream run in the past. The recent natural calamities in the state are to an extent responsible for an overall slowdown in the real estate sector. As per the market watchers, there has been an overall [...] Continue Reading »
The Uttarakhand government is getting ready to set up a new industrial estate exclusively for the MSME sector at Lal Kuan in the Kumaon region, with the draft industrial policy for micro, small and medium enterprises (MSMEs) being fine-tuned and the Centre extending a capital subsidy scheme. Former chief minister, Vijay Bahuguna, has already made [...] Continue Reading »
Due to the collapse of an electricity grid, around eight states in North India had a major power blackout on Monday. It took more than half a day for the authorities to fully restore supply to Delhi, Haryana, Punjab, Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Uttar Pradesh, Rajasthan, and Chandigarh. It is considered that, the [...] Continue Reading »
Circle rates, a minimum rate for the valuation of the plot or an individual property will now be introduced in Himachal Pradesh. This has been taken into consideration with the implementations witnessed in places like; Uttarakhand, Haryana and Uttar Pradesh. These circle rates is said to be fixed revenue and will be revised once in a [...] Continue Reading »
