Lodha developers' IPO continues to be on track, to decide on timing after a month

Lodha developers' IPO continues to be on track, to decide on timing after a month


Lodha developers' IPO continues to be on track, to decide on timing after a month

Posted: 14 Sep 2018 07:15 AM PDT

Realty developer Lodha Group's proposed Initial Public Offering (IPO) continues to be on track and the company will be taking a call on the timing of the issue after a month, said a top company official.

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Raze all 'illegal' buildings, impose SC order on entire Aravallis: Environmentalists

Posted: 14 Sep 2018 07:15 AM PDT

A day after the Supreme Court ordered demolition of all buildings in Faridabad's Kant Enclave, environmentalists demanded a blanket implementation of the ruling across the protected Aravali range that covers a large portion of south Haryana.

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Logistics companies eyeing JVs to tap into warehousing demand

Posted: 14 Sep 2018 07:08 AM PDT

Large institutional and logistics developers are betting big on the growing demand for warehousing in India either by forming joint ventures with local partners or by investing in the sector.

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United Bank of India increases MCLR by 5 basis points

Posted: 14 Sep 2018 07:07 AM PDT

"The Asset Liability Management Committee of the Bank has revised the tenor based MCLR of the bank with effect from September 14, 2018," United Bank of India said in a regulatory filing on September 13th.

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Goa govt forms flying squad to crackdown on illegal sand mining

Posted: 14 Sep 2018 06:53 AM PDT

The state government has constituted a patrolling-cum-flying-squad to monitor and crackdown on illegal sand mining activities in the state.

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Jaipur development body to compensate unapproved colony to hasten Ring Road project

Posted: 14 Sep 2018 06:45 AM PDT

In a special case, the state government has decided to provide lucrative compensation to an unapproved Khandelwal Nagar colony, which was causing major hindrance in construction of clover leaf under the ambitious 47km Ring Road project.

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Nagpur civic body gets notice on property tax bunglings

Posted: 14 Sep 2018 06:38 AM PDT

The Nagpur bench of Bombay High Court has issued notice to Nagpur Municipal Corporation (NMC) for bunglings in property tax department.

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Over 1.25 lakh properties may have flouted Nashik civic body's norms

Posted: 14 Sep 2018 05:25 AM PDT

Over 1.25 lakh properties in the city have come under the scanner of the Nashik Municipal Corporation (NMC) as the owners of these properties have made additional constructions.

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ED chargesheets Pearls Group in Rs 45,000 crore ponzi scam

Posted: 14 Sep 2018 05:19 AM PDT

The Enforcement Directorate (ED) on September 12 filed a charge- sheet against Pearls Groupand its Chief Nirmal Singh Bhangoo in connection with a ponzi scam involving over Rs 48,000 crore.

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Rajasthan housing board can't transfer its land rights to civic bodies: UDH minister

Posted: 14 Sep 2018 05:08 AM PDT

After the RHB colonies were transferred, many corporations, including the Jaipur Municipal Corporation (JMC), had threatened to stop maintenance work in the RHB colonies if the record of assets and properties is not transferred.

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