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economy
Noida’s Earth Infrastructure put money in 10 shell companies: Police

NOIDA: Police are likely to recommend attachment of the properties of jailed directors of real estate company Earth Infrastructures Ltd for an alleged fraud of nearly Rs 168 crore by creating different shell companies in the name of family members of different directors.On Saturday, the crime branch and Sector 20 police arrested Mukul Garg, who…

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news
Twin Soudhas set to turn model green buildings

BENGALURU: Setting an example, the Karnataka government is now thinking of converting Vidhana Soudha and Vikasa Soudha into green buildings. The government, which has drafted Karnataka Green Building Incentive Policy to encourage eco-friendly buildings, wants to turn both these major landmarks into model green buildings in the state. The buildings are expected to practice energy…

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economy
Talks with residents to acquire land for Chennai MRTS fail again

File photoCHENNAI: A meeting held to finalise compensation for residents, whose land has been identified for acquisition for the last leg of Velachery-St Thomas Mount extension of the Mass Rapid Transit System (MRTS), could not arrive at a solution, on Monday.Last month, the Madras high court had appointed a negotiating committee comprising representatives from the…

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economy
Chandigarh civic body sends attachment notices to 29 commercial units

CHANDIGARH: Tightening its noose around property tax defaulters, the Chandigarh municipal corporation on Monday sent attachment notices to 29 more commercial units for pending property tax arrears. The MC commissioner, K K Yadav, had recently ordered the MC tax branch to send notices to defaulters. The civic body had started taking action against defaulters in…

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economy
OYO appoints Rohit Kapoor as head of its new real estate business

NEW DELHI: HospitalityRohit Kapoor as the head of its new real estate business, the Gurgaon-headquartered company announced on Tuesday. The appointment, effective December 6, will see Kapoor spearhead new real estate business opportunities for the company, which will include exploring new domains and categories, and other strategic initiatives, according to an official statement. “While we…

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