NCR has repaired the damaged bridge girder on the plant’s railway siding. Prayagraj: More than a year after freight movement came to a halt at Jaypee cement plant in Prayagraj following insolvency proceedings, train operations at the facility are now set to resume, bringing much-needed relief to the railway authorities as well as the cement…
SevenHills hospital revival plan promises 300 beds for BMC patients Richa PintoMumbai: Nearly two months after the BMC Improvement Committee sent back a proposal seeking to hand over the sprawling SevenHills Hospital campus at Marol to Capri Global Ventures Pvt Ltd, the civic administration has returned with the proposal. The Shiv Sena (UBT) and Congress…
Hyderabad: Telangana high court has dismissed a writ petition filed by Hyderabad-based GVK Gautami Power Ltd, recording strong displeasure against electricity transmission and distribution companies of both Telangana and Andhra Pradesh govts.The company had sought enforcement of an order for reimbursement of ₹24.28 crore in Minimum Alternate Tax (MAT) paid to the income tax department…
State Congress president Girish Chodankar briefs the press about his letter to SEBI urging it to withhold listing permission for Vedanta Iron & Steel Limited Panaji: Goa Congress president Girish Chodankar has written to the Securities and Exchange Board of India (Sebi), urging it to withhold listing permission for Vedanta Iron & Steel Limited (VISL)…
Pune: The Maharashtra govt’s initiative to fast-track the recovery of dues for aggrieved homebuyers has hit a roadblock. Despite the appointment of dedicated revenue recovery officers in key districts five months ago, collections have increased by a meagre Rs10 crore.Data from the Maharashtra Real Estate Regulatory Authority (MahaRERA) reveal that total recoveries, which stood at…
The club, spread over 50,000 sq ft and planned as a three-storeyed members-only facility, was intended for residents of Jaypee Wish Town Noida: Members of Boomerang – The Club, C’est la vie at Jaypee Greens Wish Town in Sector 128 have alleged that land earmarked in the approved Master Plan for a private, members-only club…
Ahmedabad: In a dispute over corporate governance and income sharing in one of the fastest-growing tea cafe chains, Tea Post, the National Company Law Tribunal (NCLT) has directed the company to credit the income from the sale of shares to its parent company, Tea Station Pvt Ltd.The NCLT has directed Tea Post Pvt Ltd to…
The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),…
