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like-nashik-try-satellite-maps-to-spot-illegal-structures-bombay-hc
economy
Like Nashik, try satellite maps to spot illegal structures: Bombay HC

File photo MUMBAI: The Bombay high court on Thursday suggested to the BMC that it take up identification of illegal structures through satellite mapping as a pilot project in a ward. The court was hearing petitions about mushrooming of unauthorised structures across the state. The court was informed that the Nashik Municipal Corporation had started…

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dhfl-buys-back-rs-2000-crore-worth-of-cps-before-maturity
economy
DHFL buys back Rs 2,000 crore worth of CPs before maturity

MUMBAI: Dewan Housing Finance (DHFL) has bought back about Rs 2,000 crore worth of commercial papers, or short term debt instruments, before their scheduled maturities in a move aimed at instilling confidence among investors.The company approached institutional investors over the past few days to buy back these short-term papers ahead of their scheduled maturity dates,…

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sc-slams-dda-civic-bodies-for-8216mess8217-in-delhi
economy
SC slams DDA, civic bodies for ‘mess’ in Delhi

File photo NEW DELHI: The Supreme Court Thursday came down heavily on the Delhi Development Authority and other civic agencies for keeping “their eyes closed” on misuse of residential premises for commercial purpose since 2006 that has led to a “mess” in the national capital. The apex court said authorities, including the court-mandated monitoring committee,…

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dlf-inks-pact-with-hines-for-12-acre-gurgaon-plot-joint-development
economy
DLF inks pact with Hines for 12-acre Gurgaon plot joint development

MUMBAI: Realty major DLF has entered a pact with global real estate investment, development and management firm Hines to jointly develop a high-end commercial project on a nearly 12-acre land parcel in Gurgaon’s Udyog Vihar.The company has entered into a non-binding term sheet with a fund managed by Hines through its wholly-owned subsidiary DLF Home…

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