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PwC submits bid document for Jewar airport
economy
PwC submits bid document for Jewar airport

Indian airports. GREATER NOIDA: Price Waterhouse Cooper (PwC), the consultant hired by Yamuna Expressway Industrial Development Authority (YEIDA) for the Jewar airport, submitted the concessionaire agreement on the project on Monday.Officials said YEIDA would now examine it for legal whetting for about a week, after which the document will be sent to the civil aviation…

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Lalu Prasad Yadav set to lose prime ‘benami’ properties
economy
Lalu Prasad Yadav set to lose prime ‘benami’ properties

NEW DELHI: Former Bihar chief minister Lalu Prasad’s family members may soon lose possession of their farm houses in Delhi and other properties in posh localities of the national Capital and in Patna as the adjudicating authority under Benami Transactions (Prohibition) Act recently confirmed Income Tax’s provisional attachments of 17 properties worth over Rs 128…

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Kansai Nerolac shares plunge 8% after global brokerages cut target price
economy
Kansai Nerolac shares plunge 8% after global brokerages cut target price

Tata Consultancy Services, UPL, GAIL (India) settled as the losers in the Nifty50 index. Shares of Kansai Nerolac plunged 8 per cent in early trade on Tuesday after global brokerage firms downgraded the stock following lower than expected financial results for the quarter ended September 2018.CLSA downgraded Kansai Nerolac to ‘Underperform’ from ‘Outperform’ and also…

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Three bills associated with Rajasthan’s UDH remain only on paper
economy
Three bills associated with Rajasthan’s UDH remain only on paper

JAIPUR: Three bills related to urban housing and development (UDH) that were passed in the state assembly during the present BJP’s tenure continue to remain only on paper. Bills including the Rajasthan Land Pooling Schemes, Apartment Ownership and Urban Land (Certification of Titles) could not be implemented as the department failed to frame rules and…

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UP releases first installment of Rs 250 crore for Jewar airport
economy
UP releases first installment of Rs 250 crore for Jewar airport

Lucknow: Kicking off the process of construction of Jewar greenfield airport in Gautam Budh Nagar, the Uttar Pradesh government has released the first instalment of Rs 250 crore to start the land acquisition process for the ambitious project that seeks to lessen air traffic load on the Indira Gandhi International Airport. According to a government…

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