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POWAI LAND CASE
Wife pays no income tax after selling two houses for Rs 6 crore gifted by her husband, wins case in ITAT Mumbai; here’s how it happenedA Mumbai woman sold two flats gifted by her husband for Rs six crore. She did not pay income tax on the sale as she claimed Section 54 Long...
Govt to fast-track divestment of BEML and SCIThe government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding ...
What is it about this start-up that has got Infosys, Qualcomm and Blackstone’s former India head so excited?The company’s drones or UAVs have completed 23,000 missions working with 3,300 pilots or end users. One of ideaForge’s drones takes off eve...
Heading to some party or ceremony in Mumbai? Get your Covid-negative report readyWhile pathology laboratories do not seek the reason for a test, Dr Nilesh Shah, president of a chain of labs, said, "Avoidable gatherings l...
Coronavirus: Worst-hit Maharashtra set to welcome 26,000 Gulf returneesThe BMC’s estimate of 26,000 comes from arrivals at the city’s airport and information about travellers obtained from the Centre; 23 flight...
PNB fraud: ED raids shell firms; I-T attaches Rs 145 crore assetsWhile the ED seized assets worth Rs 10 crore today, the tax department said it has attached a total of 141 bank accounts and fixed deposits...
Three top real estate builders’ assets, liabilities to be probed by MaharashtraThe decision was taken by Minister of State for Home Ranjit Patil, who last night met with the aggrieved flat buyers.
Maharashtra bars construction within 100 feet of hill rangesTwo years after the Pune bench of the National Green Tribunal ruled that no permission must be granted for building construction on hill to...
L&T succession well-calibrated, to go smoothly: AM NaikNaik addressed his last annual general meeting for L&T as an executive chairman as he would move to a non-executive role from October at th...
Office space demand sees sustained pickup across top citiesLast year, commercial real estate in India registered a record absorption, and given the current momentum, this year is also headed in the ...
If the value creation initiative is a success, profit may rise by Rs 1000 cr: AM Naik, L&T"Nothing is changing but I want to simplify the company, restructure the company such that it becomes more easily manageable since it's suc...
Daughter takes Niranjan Hiranandani, son to court over propertyPriya, who lives in London, dragged her father and her brother Darshan Hiranandani to the Delhi HC to restrain them from "alienating their ...
NSEL scam: Borrowers routed Rs 4,000-crore loot into real estateIn October 2013, the EOW carried out perhaps its biggest operation — 200 officers spread out across 17 cities and raided properties in 180 ...
Legal battle to end soon: Niranjan HiranandaniNiranjan Hiranandani strikes a positive note as he takes on tough questions about family tussles and restoring the brand. Excerpt:
Bombay HC gives final extension of 4-weeks to finish probe in land scamOn the last occasion, the High Court had refused relief to Benjamin after observing that public interest is paramount.
- Notices to Hiranandani, Johny Joseph, others in Powai case
The sessions court today issued notices to builder Niranjan Hiranandani, former Maharashtra Chief Secretary Johny Joseph, and a few others ...
Builder Gopal L Raheja goes to court against sonThe city's oldest construction giant, the Rs 11,000-crore G L Raheja group, got mired in an acrimonious family feud as the group patriarch ...
- International Year of Cooperatives: Role of housing societies in Mumbai
With 2012 having been declared International Year of Cooperatives, we examine the role of housing societies in Mumbai
- Powai land case costs Hiranandani just Rs 3 cr
The Hiranandani Group has received just a slap on the wrist in the alleged multi-crore land scam involving its Powai project.
- Wadia, Raheja to settle dispute
Nusli set to rake in huge money from Parsi Trust Land.