City Delhi Financial News
06.01 / 03:42
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2020
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Delhi Lawyer acquires Dawood Ibrahim's ancestral property after paying reserve price by 1,300 times in land deal: Report
Ratnagiri, originally owned by Amina Bi, the mother of fugitive terrorist Dawood Ibrahim. As per a report by the Times of India, the lawyer secured the plots through an auction for a total sum exceeding ₹2 crore. Interestingly, the remaining two plots under Amina Bi's name did not attract any bidders.
06.01 / 02:58
Provident
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Destinations
Amritsar-Delhi Vande Bharat Express set to start maiden journey today. Check fairs, schedules, routes here
Prime Minister Narendra Modi virtually inaugurated the semi-high-speed train from Ayodhya Dham railway station on December 30. The train is set to operate six days a week, excluding Fridays, with scheduled stops at Jalandhar Cantt, Ludhiana, Ambala, and Sahnewal stations. The Vande Bharat Express with train number 22488, travelling from Amritsar to Old Delhi, is scheduled to depart from Amritsar at 9:30 am and is expected to arrive in Delhi at 1:50 pm.
06.01 / 01:31
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Income tax HRA: Why Bengaluru is not considered a metro city for taxpayers?
Bangalore undeniably shares attributes of other metros like high population density, significant economic activity, and a fast-paced lifestyle, it's still categorized as a non-metro for HRA purposes. This means residents can only claim 40% of their basic salary as tax-exempt HRA, compared to the 50% allowed in the four designated metros," said Abhishek Soni, CEO and Co-founder of Tax2win.
05.01 / 19:27
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Department
Updates
Weather Update: IMD issues ‘cold day’ alert for these states in north India, check details
ALSO READ: Delhi weather: Dense fog, low visibility result in delay of 26 national capital-bound trains According to the IMD data, Delhi recorded a maximum of 13.8 degrees Celsius at Palam (departure of -4.9 degrees Celsius), Chandigarh recorded a maximum of 14.3 degrees Celsius (departure of -3.9 degrees Celsius), Haryana's Ambala recorded a maximum of 10 degrees Celsius (departure of -7.5 degrees Celsius) and Punjab's Patiala recorded a maximum of 11.1 degrees Celsius (departure of -7.5 degrees Celsius). Earlier, the minimum temperatures, recorded at 8.30 am on Friday over the past 24 hours, ranged between 6-10°C across most parts of Punjab, Haryana-Chandigarh-Delhi, West Rajasthan, and certain areas in East Rajasthan and West Uttar Pradesh.
05.01 / 19:25
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Highways
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BWH Hotels eyes expansion
Mint that while the company has been around for about two decades here, now is a good time to expand their presence. It has 19 brands in the world but only five of those are in India. For this, its master franchisee for the region, Delhi-based Sorrel Hospitality, will focus on strengthening its presence in other regions like Bangladesh, and Sri Lanka as well and is likely to have a total of 51 hotels by the end of 2024, spanning 3,000 rooms when the pipeline becomes operational.
05.01 / 15:05
Action
Justice
Department
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Investigations
Delhi HC asks CBI and DRI to look into allegations of over-invoicing of equipment by Adani Power
DRI) to look into the allegations of over-invoicing of equipment by Adani Power will not apply till the Supreme Court decided a review petition filed in a related case. A Division bench comprising justice Suresh Kumar Kait and Neena Bansal Krishna noted that Adani Power’s submissions that the department (revenue) has filed a review in the SC. “Accordingly, till then, direction given in paragraph 52 (directing the CBI to look into over invoicing allegations) shall not be applicable in case of Adani Power,” it said. A review petition filed by the Revenue department against dismissal of its appeal last year is pending before the apex court.
05.01 / 12:43
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electronic
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Centre
SC notice to Centre, others on plea for guidelines on search and seizure of digital devices
Supreme Court on Friday sought responses from the Centre and probe agencies like the CBI and the ED among others on a plea seeking guidelines for search and seizure of digital devices. A bench of justices B R Gavai and Sandeep Mehta issued notice on the petition filed by news portal NewsClick and its founder Prabir Purkayastha.
05.01 / 12:41
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Traffic
International
Noida authority plans new parallel highway to decongest Noida-Greater Noida Expressway
Noida Authority, RITES, the National Highway Authority of India (NHAI), and the irrigation department have concluded an extensive study for a novel expressway along the Yamuna. This expressway aims to serve as a bypass for the existing Noida Expressway, strategizing to accommodate the surge in population attributed to the burgeoning corporate presence and the impending Noida International Airport, scheduled to commence operations this October.
05.01 / 12:20
UPS
security
hospital
2020
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Maharashtra: Dawood Ibrahim's ancestral property auctioned for ₹2 crore
₹15,440 was auctioned by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Authority (SAFEMA) at ₹2 crore on Friday. Notably, this was the smallest plot of the four properties belonging to his family members. These four properties are located at Mumbke village in Khed tehsil of coastal Ratnagiri district in Maharashtra.
05.01 / 12:14
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Trade
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patient
Global Health (Medanta) share scales 52 highs, more than doubles in 1 year. Should you Buy, Sell or Hold the stock?
Global Health (Medanta) saw gains of more than 3% in the intraday trades as it scaled 52 highs on Friday. The stock price has more than doubled in last one year The hospital stocks are seeing positive outlook led by pick up in occupancy, rising indoor patient turnover, higher number of surgeries and expansions.
05.01 / 10:53
Election
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hospital
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AAP nominates Swati Maliwal to Rajya Sabha — All you need to know about the former DCW chief
Sanjay Singh and ND Gupta, were renominated for the second term in the Upper House of Parliament. The nominations were announced by the AAP's Political Affairs Committee (PAC), chaired by AAP national convener and Delhi Chief Minister Arvind Kejriwal. ALSO READ | Delhi Rape Case: Protesting Swati Maliwal spends night at hospital after cops denied her to meet victim "DCW chairperson Swati Maliwal has been nominated for the first time.
05.01 / 09:59
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Experts
surges
Demand for luxury housing in India surges, villas most popular in metro cities: NoBroker
Why one should invest in real estate in Bengaluru: Experts share 5 profit tips Among the housing units, the appeal of owning a villa has intensified in the metro cities. Delhi-NCR, Mumbai-MMR, Hyderabad, and Bangalore have seen the greatest demand for these luxury properties.
05.01 / 09:34
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Parliament security breach: Five of six accused give consent for polygraph test
accused persons arrested in connection with the Parliament security breach on Friday gave their consent before a court here to conduct their polygraph test. Additional Sessions Judge Hardeeep Kaur also extended the police custody of all the accused persons — Manoranjan D, Sagar Sharma, Amol Dhanraj Shinde, Neelam Azad, Lalit Jha and Mahesh Kumawat — by eight days.
05.01 / 08:24
UPS
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2020
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Four ancestral properties of Dawood Ibrahim to be auctioned today; Shiv Sena's Ajay Srivastava among bidders
₹19 lakh. Out of the four properties that have been placed for auction, one is the house where Dawood Ibrahim spent his childhood. All four parcels of agricultural land are located in Mumbake village in Maharashtra's Ratnagiri district.
05.01 / 08:24
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AAP's Sanjay Singh re-nominated to Rajya Sabha, Court allows him to sign nomination form in jail
Aam Admi Party has re-nominated senior leader Sanjay Singh as a Member of the Rajya Sabha as his present term is set to end on January 27, 2024, ANI reported. To facilitate this, an application has been sent to Delhi's Rouse Avenue Court seeking permission to acquire Singh's signature, while under custody, on an ‘undertaking’ required to get a ‘No Dues Certificate’ for his re-nomination, it added. The appeal also notes that Singh's terms as MP will end on January 27, 2024, and that the Returning Officer has already issued a notice dated January 2, to ensure processes are complete.
05.01 / 08:21
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Department
Courts
SC issues interim stay on Delhi HC’s ruling on DIN
The Supreme Court on Wednesday issued an interim stay on the Delhi High Court’s order which declared that any Income Tax (IT) assessment order issued without Document Identification Number (DIN) has no legal standing.
05.01 / 08:21
Courts
AAP nominates DCW chief Swati Maliwal for Rajya Sabha
The Aam Aadmi Party on Friday nominated Delhi Commission for Women Chief Swati Maliwal for Rajya Sabha. Apart from Maliwal, who will be the newest Rajya Sabha lawmaker of AAP, ND Gupta and Sanjay Singh have been renominated.
05.01 / 08:21
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Sustainability
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Housing sales in top eight cities witness 33% YoY growth in 2023: Report
Residential real estate sales in India were at their highest since the peak seen in 2013, witnessing a 33 percent YoY growth, with a total of 4.10 lakh units sold during calendar year 2023, according to the latest report by PropTiger.com.
05.01 / 07:29
Election
wellness
Courts
"Friendship will never be broken": CM Kejriwal hails jailed AAP leader Manish Sisodia on his birthday, accuses BJP of "dictatorship"
Arvind Kejriwal launched a scathing attack on the BJP, accusing them of keeping Manish Sisodia imprisoned for 11 months through «false cases» and «dictatorship.» Kejriwal highlighted their long-standing friendship stating, «This friendship is very old. Our affection and trust are very strong.
05.01 / 07:11
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War
Justice
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Army loses decade-long Rajma war against Kendriya Bhandar in Supreme Court
Ministry of Defence lost a decade-long legal battle on the deficient supply of kidney beans or rajma to the Kendriya Bhandar (KB), with the Army Purchase Organisation being directed by the arbitrator to return the cashed bank guarantee amount of Rs 44.5 lakh to KB with 7.5 per cent interest since 2012, a TOI report stated. The Supreme Court, led by Chief Justice of India DY Chandrachud, informed the Attorney General R Venkataramani, who represented the Ministry of Defence, that there were no grounds to challenge the findings of the trial court and the Delhi High Court, which had upheld the arbitral award. In May 2011, the Army Purchase Organisation (APO) had invited tenders for the supply of 1,200 tonnes of rajma for defence services, estimated at a cost of Rs 4.44 crore. KB was awarded the contract and provided a bank guarantee of Rs 44.5 lakh as a security deposit. A dispute arose over the quality of rajma supplied by KB.
05.01 / 06:29
Manufacturing
Election
politician
AAP MP Sanjay Singh allowed to sign documents for Rajya Sabha renomination
AAP MP Sanjay Singh, arrested in a money laundering case related to the alleged Delhi excise scam, to sign forms and documents for his Rajya Sabha renomination. Special Judge M K Nagpal passed the order on an application filed by the politician, who submitted that his present term as a member of the Rajya Sabha is expiring on January 27 and the Returning Officer has issued a notice on January 2 for conduct of the election and nominations for the same are to be submitted by January 9.
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