Lucknow development body detects Rs 100 crore land scam

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..

BCD Group strengthens services with interior design launch

Construction and design company BCD Group has expanded its offerings by launching Casadilusso, a new interior design arm. This move strengthens their vertical integration strategy, allowing them to provide a comprehensive solution for real estate developers and home buyers. The decision reflects a growing trend in the industry. Developers are increasingly seeking ?one-stop-shop? contractors who can handle everything from design and engineering to construction, all under one roof. This approach improves efficiency and productivity for developers. ?With over seven decades of experience in develo..

NHAI plans to monetise 2,741 km via toll operate transfer, InvIT in FY25

The National Highways Authority of India (NHAI) has expressed its intention to monetize 33 stretches of national highways during the current financial year of 2024-25 (FY25) through toll operate transfer (TOT) and infrastructure investment trust (InvIT).

It was mentioned that the stretches encompass Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar.

During the previous fina..

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 ..

Government to entities accountable for unsolicited calls

The government has proposed holding accountable banks, insurance firms, real estate developers, brokers, and other entities, including agencies engaging in 'pesky calls' on their behalf, for contacting individuals through unregistered telephone numbers regulated by the Telecom Regulatory Authority of India (Trai). This represents the latest effort by the government and the telecom regulator to tackle the persistent issue that they have struggled to control for over two decades, despite previous initiatives such as the now-defunct 'do not disturb' service. Although Trai has discussed measures t..