Plan and Policy

Plan & Policy

SC asks firm to show its bonafide in purchasing Unitech's land

The Supreme Court today asked a firm, which is negotiating with embattled realtor Unitech Ltd for purchasing land in Chennai valued at around Rs 400 crore, to appear and deposit the money before it to show its bonafide in acquiring the property.

The apex court did not comment on the request of Unitech Ltd Managing Director Sanjay Chandra to grant him custody parole for eight weeks to enable him to arrange money to refund homebuyers and complete the ongoing housing projects.

Performance review of heads of 12 banks on cards

The finance ministry would soon initiate a performance review of heads of public sector banks that are under the Reserve Bank of India’s prompt corrective action (PCA) as part of the reform process, official sources said.

So far, RBI has put 12 public sector banks (PSBs) under watch in view of lagging on certain performance parameters like unexpected level of high non-performing assets, low capital level and low return on assets.

CIC asks PMO to disclose names of delegation members accompanying PM on foreign visits

The names of delegation members accompanying Prime Minister Narendra Modi on his foreign visits should be disclosed, Chief Information Commissioner RK Mathur has directed the PMO. Mathur rejected the objection by the PMO in disclosing the information on grounds of “national security”. Deciding two separate cases, Mathur, however, exempted the PMO from disclosing the names of security personnel and people linked to the security details of the prime minister.

FIR against armymen in Shopian firing deaths

Army personnel were mentioned in an FIR registered by the Jammu and Kashmir Police in connection with a firing incident in Shopian district that left two persons dead and nine injured, officials said.

Not yet time for rethink on AFSPA: General Rawat

Time has not come for any rethink on AFSPA or making some of its provisions milder, Army Chief Gen. Bipin Rawat has said, asserting that the Army has been taking adequate precautions in protecting human rights while operating in disturb areas like Jammu and Kashmir.

ZINC for a Healthy HEART…

We often tend to ignore the changes that our body experiences in stressful circumstances. We decide to be our own doctors and start moral medicines rather than consulting a doctor. Sometimes this becomes serious and then begin the blood tests and other necessary tests to identify the cause of such state of health.

Nature has already given its checks and balances for health fitness. Mineral resources are one of them. Though many minerals are present in our body, one of them – most recognized and important is Zinc.

Vandals take over anti-Padmaavat movement

Protesters burnt tyres and vandalised shops on Thursday to oppose the release of Bollywood film “Padmaavat”, prompting cinema owners in several states to abandon plans for screenings.

Groups critical of the film have accused its director, Sanjay Leela Bhansali, of distorting history by portraying a Muslim ruler as the “lover” of the Hindu Queen Padmavati of the Rajput warrior clan. The filmmakers deny the accusation.

Incedo opens cyber security centre in Pune

Incedo, an American IT services and consulting co­m­pany, has set up cyber security centre of excellence in Pune to develop software for the growing global market to secure and protect big data across industries. It will hire 100 software engineers this year for the centre and ramp the headcount up to 300 over two-three years.

ASK Property invests Rs 150 cr in Pune projects

ASK Property Investment Advisors, part of the ASK group, announced investment of Rs 150 crore across two housing projects in Pune. Of these investments, Rs 80 crore is deployed in Kumar Properties’ 800,000 sq ft residential project and Rs 70 crore is invested in Naiknavare Developers’ 600,000 sq ft residential project ‘Avon Vista’.

The investment in Kumar Properties’ project is from the ASK PIA’s offshore fund, and it has deployed money in Naiknavare Developers’ project from its recently launched ASK Real Estate Special Situations Fund-I.