NOIDA: The Noida authority has requested the Economic Offences Wing (EOW) of Delhi Police to probe two realtors — TGB Infrastructure private limited and Kindle Infraheights private limited, for defaulting on payment of housing land cost dues despite repeated notices. On December 21, 2023, the Authority gave all realty projects a last opportunity to clear […]
The Supreme Court has modified its earlier order to allow the government to consider relief on all Voadone Idea dues, a move that sent the company’s share price soaring 10%. Vodafone Idea has a total debt in excess of ₹2 lakh crore. (Reuters) Vodafone Idea had filed a review petition in Supreme Court to seek […]
Vodafone Idea Ltd. is looking forward to working with the Department of Telecommunications to resolve the AGR dues case, after a Supreme Court reprieve in the matter. Vodafone Idea has a total debt of ₹2 lakh crore, including AGR dues of ₹83,000 crore. (Reuters) “The Supreme Court has today permitted the Government of India to […]
The Supreme Court has allowed the central government to reconsider the issue of reassessment of AGR dues that Vodafone Idea Ltd. has to pay. Shares surged. The government has a 49% stake in Vodafone Idea in lieu of some of the pending dues. (Reuters) The matter of Vodafone Idea’s AGR dues falls within the purview […]
MUMBAI: One of the land parcels of the collapsed Housing Development and Infrastructure Limited (HDIL) is up for grabs. The 426-acre plot, situated at Dahisar West, was mortgaged to take a loan from PMC Bank, which has now merged with Unity Small Finance Bank (USFB). The latter has now put the plot up for auction. […]
The Noida authority has started placing public boards outside several housing societies, including Lotus Panache in Sector 110, to display pending land cost dues – a move that has drawn sharp objections from residents. Noida authority CEO Lokesh M defended the step as a transparency measure, saying: “This is not a coercive action. The boards […]
The arrears have hung over Vodafone Idea, which hasn’t reported a quarterly profit since 2016 when Reliance Jio broke onto to the scene that is telecom in India Source link
Noida Authority to withdraw interest concessions for defaulting developers who have failed to meet obligations under ‘stalled legacy housing projects’ policy Source link
