NMC’s Financial Stake in MahaMetro Nagpur: Nagpur Municipal Corporation (NMC) is seeking to secure its 50% share in profits generated from financial sources linked to the Nagpur Metro project, with the general body scheduled to take a decision on Aug 20 on the transfer of six NMC-owned properties on a freehold basis.The issue assumes significance…
Nagpur: Solar Group, one of India’s largest private-sector defence explosives manufacturers, achieved a market capitalisation of Rs1.84 lakh crore on Thursday as its shares touched an intraday high of Rs20,400 before settling at Rs 20,325. The Nagpur-based company’s stock is currently trading at a price-to-earnings ratio of 109.64.The company reported a strong start to the…
Nagpur: The Supreme Court on Wednesday directed that a public interest litigation challenging the exemption granted to minority educational institutions under Right to Education (RTE) Act be tagged with a Constitution Bench matter already examining the validity of legal framework governing such exemptions.The PIL has been filed by Pyare Zia Khan, chairman of the Maharashtra…
Nagpur: Nagpur Municipal Corporation (NMC) will launch a special property tax recovery drive from August 20 to September 30 to recover a combined 1,279 crore in property tax dues, including outstanding tax, penalty and warrant-related amounts. Municipal commissioner Vipin Itankar signed the proposal on Wednesday, directing officials to intensify recovery from defaulters, with commercial properties…
Nagpur: Bhandara guardian minister Pankaj Bhoyar has directed district officials to regularly inspect aided tribal ashramshalas in Bhandara and issue immediate notices to any found lacking facilities for students.Bhoyar on Thursday chaired a district administration review meeting, where he also reviewed anganwadi buildings and construction of the district hospital. He directed the project officer of…
Nagpur: Acknowledging that Gadchiroli has limited private holdings due to its large forest tracts, industries minister Uday Samant said it will be ensured that land acquisition for industries would not leave farmers landless. Addressing a review meeting at Gadchiroli, Samant said many farmers depend on agricultural land for their livelihood, and it must be ensured…
Nagpur: Almost eight months after the bhoomipujan of the Rs150 crore Central Avenue redevelopment project, MahaMetro is yet to float the tender, leaving the proposed road concretisation and footpath redevelopment work stuck in the pre-construction stage. The agency has now said the tender is likely to be floated this month, following approval from the Public…
Nagpur: For motorists travelling from LIC Square to Variety Square, getting stuck in traffic has become a daily affair. Heavy traffic pouring in from multiple directions, barricades, traffic signals at short distances, and haphazard parking have turned the busy stretch into a series of bottlenecks.The first squeeze begins at LIC Square, where vehicles descending from…
Nagpur: With just four days left for the Special Intensive Revision (SIR) enumeration phase, Nagpur’s verification exercise has identified 10.81 lakh electors whose forms could not be collected or whose status requires scrutiny.Of them, 4,48,223 (9.66%) have permanently shifted, 2,99,647 (6.46%) were found absent, 2,25,627 (4.86%) were recorded as deceased, and 1,04,447 (2.25%) are already…
Nagpur: MIDC police have registered a case against a 26-year-old technician who repaired mobile phones for allegedly accessing and displaying private photographs and videos of a woman and her husband.As per the 32-year-old complainant, who is a caterer, she had stored personal photographs and videos of her modelling days before marriage on her mobile phone.On…
