Maharashtra's IGR Dept earns Rs 501.43 billion in FY24
Noida Metro expansion projects await State government approval
The expansion projects of the Noida Metro are currently pending approval from the state government, signaling a delay in the development of metro infrastructure in the region. These expansion initiatives, aimed at enhancing connectivity and easing commuter traffic, await the green signal from authorities to proceed with implementation.
The proposed expansion projects include the extension of metro lines to key areas in Noida and Greater Noida, catering to the growing demand for efficient public transportation in these rapidly developing urban centers. These extensions are crucial for ad..
Retired deputy municipal commissioner returns to BMC on contract
In a notable move by the state government, the contractual appointment of Ulhas Mahale, former deputy municipal commissioner (DMC) for infrastructure, was approved over a month after his retirement from the post. The approval came from the state urban development department last Saturday, coinciding with the commencement of the model code of conduct. Mahale, who retired in January 2024, oversaw critical infrastructure projects such as roads, stormwater drains, and bridges in the city. This appointment marks the first instance of a DMC returning on contract, according to senior civic officials..
Maharashtra extends stamp duty amnesty aiding redevelopment
The state government of Maharashtra has announced the extension of the Stamp Duty Amnesty Scheme 2023 for the third time, aiming to provide relief to numerous property owners and facilitate smoother real estate transactions in Mumbai, which is known as the country?s most expensive real estate market, along with other key cities in the state. The move is anticipated to offer further support to redevelopment projects.
According to the announcement, property buyers who have either not paid or paid insufficient stamp duty on their purchase agreements will now have until June 30 to regulari..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..