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economy
RERA orders ‘health audit’ of realty projects in western UP to see where flats stuck

File photo NOIDA: The Real Estate Regulatory Authority (Rera) of UP held a meeting with development authority officials of western UP in Noida on Wednesday and directed them to conduct a health audit of all unfinished projects. This exercise will be different from financial audit, and the study will focus on finding the stages at…

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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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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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