Maharashtra Govt, CIDCO Summoned Over Land Grab

10 May 2024 CW Team

The Maharashtra Human Rights Commission has summoned the Maharashtra government and CIDCO (City and Industrial Development Corporation) regarding alleged land grab in Belapur hill. This summons comes following complaints of illegal encroachment and construction on protected land, signifying a significant development in the investigation.

The Human Rights Commission's intervention emphasises the gravity of the accusations and the necessity for a thorough examination of the case. Allegations suggest that individuals and entities have encroached upon protected land in Belapur hill, leading to environmental degradation and human rights violations.

The involvement of the Commission highlights the obligation of state authorities to uphold the law and protect public resources. The summons expects full cooperation from the Maharashtra government and CIDCO to investigate the claims and take appropriate measures.

The outcome of the investigation will not only impact those involved but also the broader issues of land management and environmental preservation in Maharashtra. The Commission's action underscores the importance of transparency, accountability, and respect for human rights in governance and development initiatives.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..