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Unitech leads gainers in ‘A’ group
Titan Industries, Jubilant FoodWorks, Lupin and Divi’s Laboratories are among the other gainers. Real estate developer Unitech rose 4.48% to Rs. 23.30 after the Supreme Court today, 23 November 2011, granted bail to five corporate executives, including Unitech’s managing director, Sanjay Chandra, facing prosecution for their alleged involvement in the 2G spectrum case.
2G case: Corporate honchos get bail, Kani’s plea comes up today
NEW DELHI: The Supreme Court on Wednesday granted bail to five 2G scam case accused-Unitech’s Sanjay Chandra, Swan Telecom’s Vinod Goenka and Reliance ADAG executives Gautam Doshi, Surendra Pipara and Hari Nair-raising hopes for the release of other accused and resurrecting the principle that bail should be the rule and jail an exception.
Brand Noida Vs Brand Gurgaon: Where would you put your money in the battle of the burbs?
PROPERTY MATTERS: Gurgaon’s zooming real estate prices underline the fact that it has arrived as a leading commercial and residential hub while Noida and Greater Noida continue to lag behind. Commercial space in Gurgaon today fetches a monthly rent of between Rs 120 and Rs 140 per square foot. In Noida, the same space is [...]
Incentives for industrialists who install solar panels in their units
GURGAON: The widening power deficit is coming down hard on Gurgaons industrialists who are now left with no choice but to look for alternatives to conventional energy. On Wednesday, the Gurgaon Industrial Association, along with the state governments department of renewable energy, organised a seminar to discuss green energy, and the ways it could be [...]
Scheme launched for industrial workers children
CHANDIGARH: With a view to providing computer education to the children of industrial workers, Haryana government has started a scheme under which financial assistance of Rs 2000 to Rs 9000 would be provided for various short term courses. A spokesman said on Wednesday that the main object of the scheme was to provide technical education [...]
HUDA may have earned Rs 900cr interest on EDC charges
GURGAON: SURGE, a Gurgaon-based NGO, which recently exposed how HUDA was sitting on thousands of crores of rupees collected as external development charges (EDC) from developers, has raised objections over the agency not declaring how much interest it has earned from this huge amount over the years. The NGO will file an affidavit in the [...]
Peoples participation in public administration is the key
GURGAON: Less than two years ago, when Business Today did a survey on the best Indian cities to work, play and live, it was ecstasy as well as agony for Gurgaon. While in the work category, Gurgaon figured right on top clocking an annual per capita of Rs 1,22,212, only lower than Chandigarh and Mumbai, [...]
Man who killed wife in front of kid arrested
GURGAON: A day after a woman was found murdered in Sushant Estate in Sushant Lok, the Gurgaon police arrested her husband on Wednesday. The accused, Hari Prakash, is sepoy with the Indian Army. He was arrested based on the eyewitness account of his four-year-old son who watched his father strangle his mother to death. The [...]
Washing dirty linen is big business this season
GURGAON: The rising temperature has brought good business to the laundries and drycleaners in the city. With households storing away woolens, blankets and quilts till next winter, drycleaners are luring them with special offers. Almost all drycleaners in Gurgaon are running full capacity due to the huge amount of bulk orders received by them every [...]
Gurgaon stays indoors
The Indo-Pakistan world cup semi-final cricket match had people hooked to their TV screens on Wednesday, resulting in sparse traffic during the usual peak evening hours. Roads across the city wore a deserted look and traffic jams and long queues, common in the evenings, were nowhere to be seen. There was, however, an unexpected clutter [...]
NHAI scraps expressway concessionaires maintenance contract with another firm
GURGAON: Over four months after the private concessionaire of Delhi-Gurgaon expressway (DGE) roped in an Indian subsidiary of a reputed French firm for operation and maintenance (O&M) of the 27.7 km stretch, the NHAI has asked the developer to scrap the contract. Sources in the NHAI said that they turned down the proposal of DGSCL, [...]
No more faulty number plates
GURGAON: In the face of a growing number of cars sporting illegal number plates in the city, the traffic police have decided to write to auto dealers asking them not to flout rules while issuing registration number plates. A special drive in this regard is already underway wherein cops are challaning violators for these types [...]
Office cafeterias turned into cheering central
The measures adopted by the city MNCs to convince employees to turn up for work on Wednesday seemed to have paid off. Most of the offices in the city reported a healthy attendance. But while employees did turn up, most of them were mostly to be seen in the cafeteria enjoying the match on big [...]
MCG commissioner may revise ad rates
GURGAON: The discord surrounding Gurgaons outdoor advertisement policy seems to be heading for a resolution. The municipal commissioner of Gurgaon met officials from DLF on Tuesday to look into the matter. DLF, one the biggest ad space owners in the city, had raised objections regarding the existing ad rates and has asked the MCG to [...]
Man strangles wife to death, child looks on
GURGAON: The Gurgaon police have registered a case based on the eyewitness account of a four-year-old child who saw his father strangle his mother to death. The incident came to light when the police received a complain about a foul smell emanating from a flat in Sushant Estate in Sushant Lok on Tuesday afternoon. When [...]
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