City Delhi Financial News

Ankit Kalra, at the age of 29. As per her latest Insta post, Ankit died due to heart attack on Monday. «Ankit, you left me to be with God, and it’s so unfair. Our 1.5 years together were far too short. That morning, I had no idea it would be our last. I’m still in denial, praying that this is all just a terrible dream and i’ll wake up on your side. Your heart gave up, and with it, my life has come to a stop. We had so many plans, and now I’m lost without you. This can’t be true. You left me behind, and it’s a loss I’ll never overcome! Heaven is so so lucky to have you,» Insha posted in Insta.

civil services aspirants drowned last month. Principal District and Sessions Judge Anju Bajaj Chandna said, «Investigation is at initial stage. I am not inclined to give bail.» A detailed order of the court is awaited. On August 17, the court had reserved the order after hearing the arguments of the lawyers of the CBI and the basement's four joint owners — Parvinder Singh, Tajinder Singh, Harvinder Singh and Sarbjit Singh.

Grypotyphlops acutus, for the first time in the city. For herpetologist Robin Suyesh, assistant professor, department of environmental sciences, Sri Venkateswara College, University of Delhi, herping is an activity that needs to be done with low expectations. “It’s an exercise in patience," says Suyesh, 38, on the phone.

Goods and Service Tax Appellate Authority has reduced Bharti Airtel’s GST demand to Rs 194 crore from the original Rs 604.66 crore as assessed by the tax authorities after the telco challenged it. The matter pertains to the demand for Goods and Service Tax (GST) of Rs 604.66 crore by the GST Department under the reverse charge mechanism on license fee and spectrum usage charges basis the demand note issued by the Department of Telecommunications (DoT). After getting the demand, the company filed an appeal against it. Following the appeal, the Appellate Authority has now passed an order.

Air India on Thursday announced that it will temporarily operate additional flights to Kolkata from four Indian cities to meet greater travel demand to the city during the upcoming Durga Puja festivities. Starting 20 September 2024, Air India will operate daily, non-stop flights to Kolkata from Bengaluru and Hyderabad for nearly a month. The airline has also increased frequency to Kolkata from Delhi effective 15 August 2024, and from Mumbai effective 25 September 2024.

FAIMA) on Thursday decided to end its 11-day strike, called to protest against the rape and murder of a medic in Kolkata, following «positive directions» from the Supreme Court. The apex court earlier in the day asked protesting doctors to resume work and assured them that no adverse action would be taken after they rejoin. "#FAIMA has decided to call off the strike following positive directions from the #Chief Justice of India. We welcome the acceptance of our prayers for interim protections and the necessary steps to enhance security in hospitals. United, we will continue to fight legally," FAIMA, an umbrella body of doctors, said in a post on X. The move comes soon after several resident doctors' associations (RDAs) called off their strike over Kolkata incident, following an appeal from the Supreme Court.

Supreme Court's suo motu case on the alleged rape and murder of a junior doctor in a state-run hospital in Kolkata. The Indian Medical Association (IMA) headquarters is also preparing the documents to appear before the task force formed by the court to formulate a protocol for ensuring safety and security of healthcare professionals. The alleged rape and murder of the junior doctor in the seminar hall of the West Bengal government-run RG Kar Medical College and Hospital triggered nationwide protests that have affected non-emergency services in several health facilities. «IMA will be filing an IA (interlocutory application) before the Honourable Supreme Court in the suo moto intervention case. IMA HQ is preparing the necessary documents to appear before the special task force,» an IMA communication to its officials, including those at its state and local branches, said.

Delhi government has proposed long-term solutions to tackle the persistent problem of waterlogging during the monsoon season. The measures include enhancing technology for monitoring the drainage system, addressing the conflict of multiple authorities, finding permanent solutions for chronic waterlogging at specific points, removing encroachments, and effectively managing construction, demolition, and dairy waste. These efforts are aimed at preventing waterlogging by improving existing infrastructure and coordination among various agencies. A detailed report based on assessments by multiple government agencies, including the Municipal Corporation of Delhi and Delhi Development Authority, has been prepared to identify lasting solutions, reported TOI. The report points out several critical drawbacks, such as the presence of multiple agencies, the lack of stormwater outfall in many unauthorized colonies and slum clusters, and silt buildup in drains that reduces their carrying capacity. «In a step to fix multiplicity of authority, we have assigned responsibility, management and operations of 22 drains that have their outfall in the Yamuna to a single department — irrigation and flood control,» TOI quoted a government official as saying, on Wednesday. The Delhi government is also taking other steps to address the issue of multiple agencies.

The flight was put in isolation bay while the passengers are being evacuated, reported agency further. There were 135 passengers onboard, sources told PTI, adding details on the origin of the threat and other information are awaited.

National Company Law Tribunal (NCLT) approving its takeover of SKS Power Generation Ltd, winning bidder Sarda Energy and Minerals has deposited ₹1,950 crore into an escrow account with Bank of Baroda (BoB) — ahead of the 45-day deadline set by lenders. In a stock exchange filing Tuesday, Sarda Energy confirmed the payment, including ₹1,805 crore paid to financial creditors of SKS Power, State Bank of India and BoB, as well as additional expenses for the insolvency process. It also includes excess cash in the company to be given to lenders. The NCLT on August 13 approved the transaction, with BoB Capital as the process advisor. «The transfer was made on earlier this week well ahead of the 45-day timeline provided for in the resolution plan. Sarda has raised a majority of the funds from banks with about 30% from internal accruals,» said a person familiar with the deal.

Online vendors have generated 15.8 million jobs in India, including 3.5 million for women, with about 1.76 million retail enterprises participating in e-commerce activity, says a report released on Wednesday. The report 'Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India' was launched by Commerce and Industry Minister Piyush Goyal. «Plugging in data from our survey, we estimate that online vendors generate 15.8 million jobs, including 3.5 million jobs for women,» the report prepared by Pahle India Foundation (PIF), a Delhi-based policy research institute, said. E-commerce, according to the report, has been a key driver of employment generation In India. On an average, online vendors employ 54 per cent more people and almost twice the number of female employees, compared to offline vendors.

Tata Motors on Wednesday said it has tied up with Delta Electronics India and Thunderplus Solutions to set up charging infrastructure for its range of electric commercial vehicles (CVs). As part of the MoU inked between the parties, 250 new fast-charging stations for electric commercial vehicles would be set up across the country. Strategically located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru, Pune, and Kochi, among others, these new charging stations will significantly increase the existing network of 540 commercial vehicle charging points, Tata Motors said in a statement. Basis its understanding of the commercial EV movement, the commercial vehicle major will recommend optimal locations and nearest dealerships for setting up the fast-charging stations, the company said.

Jantar Mantar in Delhi on Wednesday, marking the 10th day of their indefinite strike over the alleged rape and murder of a medic in a Kolkata hospital. «It's very important to understand that we are fighting for better working conditions in our own workplace,» one of the protesting doctors said. Elective services in several government hospitals across the city have remained suspended due to the protests. Resident doctors arrived at Jantar Mantar at 11 am for the protest, marking their second gathering there after Saturday.

Mahua Moitra launched an attack on BJP by claiming that ED and CBI are only for opposition and opposition ruled states. The jibe is in connection to the recent Kolkata rape-murder trajedy that sent shockwaves across the nation. In the early stages, Calcutta High Court had transferred the investigation to federal probe agency, CBI from Kolkata police. «Why isn’t Maharashtra Governor flying to Delhi? Why is this not handed over to @CBIHeadquarters

Supreme Court that it has recovered outstanding taxes from the Congress. The I-T department had issued a demand notice to the Congress for recovery of nearly ₹105 crore as outstanding taxes. The development took place during the resumed hearing of a plea filed by Congress against a Delhi High Court order refusing to interfere with the order of Income Tax Appellate Tribunal (ITAT). However, the HC had permitted Congress to move a fresh application for stay before ITAT. The SC today questioned the rationale behind the high court sending the Congress back to ITAT and not exercising its own (HC) jurisdiction.

JMM leader Champai Soren on Tuesday left Delhi for Ranchi. Soren was in the national capital since Sunday and a decision regarding his political future was expected. At present, Champai Soren is in no man's land. On Tuesday, Soren, before leaving, denied rumours of him being in touch with the BJP or even joining the BJP.

BEML, India's leading defence and heavy engineering PSU, on Tuesday signed a strategic Memorandum of Understanding with the Directorate of Marine Engineering, Indian Navy. The agreement was signed at the Naval Headquarters in Delhi, with Ajit Kumar Srivastav, Director of Defence at BEML, and Rear Admiral K Srinivas, ACOM (D&R) of the Indian Navy. «This landmark agreement is a pivotal step in enhancing bilateral cooperation for the indigenous design, development, manufacture, testing, and product support of critical marine equipment and systems,» the BEML said in a statement. It also said the partnership aims to strengthen self-reliance in defence production and minimise reliance on foreign imports.

students have secured admissions to Delhi University's 71,600 undergraduate seats in the first round, according to an official statement released on Tuesday. The classes for the academic year 2024-45 for undergraduate (UG) students will commence on August 29. Around 11,224 students have «freezed» their course and college combinations, indicating they are taking additional time to finalise their decisions, it said. Meanwhile, 27,613 students have opted for an upgrade, meaning they have applied to change the college and course preferences allotted by the university, it added.

Bengaluru will play host to a three-day event on alternative dispute resolution (ADR) from August 24, led by the country’s eminent legal brains. The event aims to promote the practice of alternative dispute resolution in Karnataka. Alternative dispute resolution refers to the ways people can resolve disputes without court proceedings such as mediation and arbitration. The Arbitration & Conciliation Centre, Bengaluru (Domestic and International), the Karnataka Judicial Academy, the Advocates’ Association Bengaluru, and the Bengaluru ADR Week Committee have come together to organise the event. The ADR Week would be a pivotal forum for exploring the significance and evolution of ADR in contemporary legal contexts, the organisers said in a press release.

mpox virus. The statement came soon after the World Health Organisation (WHO) declared the virus to be of international concern and a public health emergency. «Monkey pox is a virual zoonosis with symptoms similar to those seen in the past in smallpox patients, although clinically less severe. The World Health Organisation (WHO) has declared Monkey pox outbreak as a public health emergency of international concern, thereby requiring heightened awareness, rapid identification, and stringent infection control measures to prevent further spread,» AIIMS said in its official protocol order. Among the protocol issued are that of isolation, ensuring PPE suits, notification to the Integrated Diseases Surveillance Programme (IDSP), dedicated ambulances for shifting patience, and more.

Arvind Kejriwal, Delhi's Rouse Avenue Court on Tuesday extended judicial custody of the AAP chief in the Central Bureau of Investigation (CBI) excise policy case until August 27. In Supreme Court's hearing on Wednesday, the top court issued notice to CBI on pleas of Delhi Chief Minister Arvind Kejriwal seeking bail and challenging the Delhi High Court order upholding his arrest by the CBI in a corruption case stemming from the alleged excise policy scam. A bench of Justices Surya Kant and Ujjal Bhuyan sought a response from the CBI by August 23 and refused interim bail to him.