Controversy Erupts Over Compulsory Geo-Tagging of Delhi Properties
Akasa Air set to start Gorakhpur flights by end of May
Akasa Air has declared the inclusion of Gorakhpur as the 23rd destination on its network, offering direct connections to and from Delhi and Bengaluru, starting from May 29. The airline stated that the commencement of these flights would establish it as the sole carrier offering daily flights between Bengaluru and Gorakhpur.
In a press statement, the airline mentioned, "With this introduction, the airline reinforces its presence in Uttar Pradesh, with Gorakhpur becoming the fifth destination in the state, following Lucknow, Varanasi, Ayodhya, and Prayagraj." It further added that bookin..
DHFL scam; CBI arrests Dheeraj Wadhawan in Rs 340 billion fraud case
The Central Bureau of Investigation (CBI) has apprehended former DHFL Director Dheeraj Wadhawan over his purported involvement in a scheme to defraud a consortium of 17 lending banks amounting to Rs 340 billion, according to officials on May 16. Wadhawan was taken into custody from Mumbai during the night of May 13 and subsequently presented before a special court, which remanded him into judicial custody. He and his brother Kapil were previously detained in connection with the case on July 19, 2022.
The agency had submitted a charge sheet against 75 entities, including Kapil and ..
Supreme Court criticises officials for mishandling solid waste
The Supreme Court criticised the authorities for the inadequate management of solid waste in Delhi-NCR and issued a directive for the Union Housing and Urban Affairs Secretary to organise a meeting of the relevant authorities to devise a solution, which would then be presented before the court.
The Bench, led by Justice AS Oka, expressed that if the authorities failed to propose any tangible solutions, they would contemplate issuing severe orders to address the environmental concerns in Delhi and its surrounding areas.
The Bench underscored the significance of the issue, labell..
Residents Sceptical of Sahastradhara Road Widening
Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.
The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..
Warburg Pincus Acquires Shriram Housing Finance
Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.
Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..