NOC IN ADVANCED STAGES
'Dropping Parandur Airport is not change; it's an irreversible setback': MK Stalin, Annamalai question TVK govt over project cancellation
In a significant decision, Tamil Nadu's Chief Minister has called off the Parandur airport project, igniting a wave of reactions. While opposition leaders contend that this cancellation hinders the region's economic development, Congress lends their support, emphasizing the importance of addressing farmers' grievances and environmental sustainability. The next challenge for the government lies in selecting a new site for the proposed airport.
Single-window system, project dashboard accelerate industrialisation in Odisha: IPICOL MD
Reforms streamline processes without diluting safeguards, says Aboli Sunil Naravane, MD, IPICOL
ET SME Summit, Dehradun, showcases MSME resilience and growth outlook
The ET Make in India SME Regional Summit in Dehradun on March 20 saw strong industry participation, underscoring the resilience of the region’s MSMEs.
NSE IPO proxy play! Why smallcap IFCI shares jumped 26% in just 1 week
IFCI shares have surged 26% in a week as expectations rise over Sebi potentially approving NSE’s long-delayed IPO this month. The NBFC holds an indirect stake in NSE through SHCIL, whose 4.4% stake is valued at about Rs 23,000 crore. Investor interest has also boosted unlisted NSE shares and lifted BSE stock.
With NSE IPO in sight, is a BSE re-rating on cards? Here’s what analysts say
As SEBI moves closer to approving the long-awaited NSE IPO, analysts believe the listing could act as a key re-rating trigger for BSE by improving peer benchmarking, visibility, and investor interest, potentially narrowing the valuation gap between the two exchanges.
NSE shares surge after IPO clouds seem to clear
National Stock Exchange shares climbed past ₹2,000. This surge followed SEBI chief's comments on an upcoming IPO clearance. Investor interest has rekindled. NSE shares saw increased demand and trading volumes. The exchange's IPO is expected soon. This development has boosted sentiment for the unlisted stock.
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Sebi likely to approve NSE IPO this month, says chief Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey said the regulator is in the advanced stages of granting a no-objection certificate for the long-pending NSE IPO, likely within this month. NSE’s listing process, delayed since 2016 due to regulatory clearances, has progressed after corrective measures and the settlement of past cases.
Cloud-seeding trials in Delhi may cost Rs 1.5 crore each, IIT Kanpur to handle operations: Official
The Delhi Environment Department is set to propose cloud-seeding trials in the next cabinet meeting, with each trial estimated to cost Rs 1.5 crore. IIT Kanpur will spearhead the initiative, managing all aspects from planning to execution. The government aims to conduct the first trial during peak summer on Delhi's outskirts, pending necessary approvals and NOCs from various departments.
CREDAI Bengaluru urges government to act on key urban development reforms
CREDAI Bengaluru urges the Karnataka government to expedite long-pending urban development reforms, including streamlining TDR revalidation, implementing single-window clearances, and removing Jakkur Aerodrome NOC requirements. The association also advocates for property tax restoration, modern parking solutions, TOD policy enforcement, and clearer water body definitions to foster sustainable and efficient urban growth in Bengaluru.
Step-by-step home loan process in India: A complete guide
Learn about the home loan process in India, including eligibility, documentation, and disbursement.
Karnataka govt launches new single-window system at Invest Karnataka 2025
The Karnataka government has introduced a new Single Window System to streamline investment procedures and improve business efficiency. This digital platform integrates over 150 services from 30+ state departments, simplifying approvals and enhancing transparency, making Karnataka an attractive investment destination.
Rs 6,450 crore drug haul and deadly accidents, Gujarat saw it all in 2024
In 2024, Gujarat faced major drug hauls, tragic accidents, and political shifts. Key events included a devastating boat accident and a deadly fire, significant drug seizures, political turmoil with BJP losing a Lok Sabha seat, a healthcare scam at Khyati Hospital, and notable international visits.
Satyendar Jain granted bail after over two years: A look at what Delhi liquor scam case is all about
AAP leader Satyendar Jain was granted bail in the Delhi liquor scam case after over two years of detention. Allegations include financial quid pro quo, procedural lapses, and misuse of excise policy. The investigation links the scam to Goa election campaign funding and involves prominent businessmen.
Driving logistics forward: How Gurugram-based Varuna Group is maintaining a balance between innovation and sustainability
Varuna Group, established in 1996, is a logistics services provider leveraging advanced digital technologies like IoT, AI, data analytics, and WMS for efficient warehousing and distribution.
Arvind Kejriwal arrested: Read how the Delhi liquor scam unfolded
The Delhi High Court dismissed Chief Minister Arvind Kejriwal's plea challenging his arrest by the Enforcement Directorate (ED) in connection with the excise policy case. The ED had arrested Kejriwal in a money laundering case probe on March 21, but the court sought a response from the ED on this fresh interim plea and listed the matter for April 22, 2024. The Aam Aadmi Party has been calling the summons against Kejriwal illegal and politically motivated, while the AAP has denied all allegations of a scam in the excise policy.
Vedanta debt to be divided among demerged cos in ratio of assets
Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.
Onion exporters warn of major shortage in onion supply; price hike from early March
India faces onion shortage due to drop in rabi harvest. Meanwhile, export ban causes price crash, protests. Exporters suggest controlled exports amid shortage and high international prices. In a letter to the Union government, a group of leading onion exporters have cautioned the government about the consequences of allowing onion exports without adhering to a proper mechanism to control export volumes.
Playing with billions of dollars: What hosting the Olympics will mean for India
Prime Minister Narendra Modi has confirmed India’s bid for the 2036 Olympics while inaugurating the 141st International Olympic Committee (IOC) session on October 14. PM Modi also pitched the country to host the 2029 Youth Olympics, where athletes between the ages of 15 and 18 years compete.
GST registration: How to apply for goods & services tax number in India in 6 steps
Anybody who wants to register or have to register for GST needs to fill up GST REG-01 form online on the GST portal website. This form has two parts- A and B. While part A is simple and easy to fill, it is part B which asks for specific operational details.
We take SEBI interim order very seriously and will continue to monitor developments that may affect the deal: Sony
The statement was issued after a media report claimed that Sony would stick to the deal despite an interim order by the SEBI that barred ZEEL Chairman Emeritus Subhash Chandra and his son Punit Goenka, who is also the MD and CEO of the firm, from holding any directorship or managerial posts in listed entities.
Zee-Sony Merger: SAT to hear matter on June 26
SAT on Friday refused to give any interim relief to Essel Group chairman Subash Chandra and his son Punit Goenka after the markets regulator barred them from holding the position of a director or key managerial personnel in any listed company or allegedly siphoning off funds of ZEEL. Following this, they challenged the Sebi order at SAT.
ZEE-Sony Merger: Chairman Emeritus, MD of large listed company diverted public money, says SEBI
"In the instant case, we have a situation before us where the Chairman Emeritus and the Managing Director and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons," IANS quoted SEBI as saying in its reply to SAT.
Jio to provide managed services for IOCL for 5 years
It will provide these services across 28 states and 8 union territories. The companies didn’t disclose any financial details.
What you can do differently with your money if you are financially secure
If you are still worried, you can apportion what you have. Give away 30% as you wish; give away 30% as bequest to children and grandchildren; and keep 40% for yourself. You still may have enough but would also have experienced giving away to your satisfaction.
Retailers displeased as Swiggy, Zomato start delivering alcohol
Retailers in states such as Maharashtra, Odisha and Jharkhand don’t want food delivery apps entering the highly state-centric and excise-regulated liquor space.
Premier Airways in talks with Airbus to buy 40 A320 NEOs for $4.3 billion
Premier Airways is in advanced discussions with European plane maker Airbus to buy 40 Airbus A320 neo planes at a listed value of $4.3 billion.
Does the real estate regulation bill give a level playing ground to all stakeholders?
The harsh punishments suggested in the bill will drive several small developers to abandon projects midway leaving buyers in the lurch.
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