City Delhi Financial News
25.12 / 21:12
Provident
Booking
CEO
electronic
information
Department
Relief for Huawei in I-T Case: Local Court sets aside summons for Huawei India
Huawei, its chief executive and three other top executives, summoning them to commence prosecution proceedings in a case filed by the Income Tax Department. In an order that offers a major relief to Huawei India, its CEO Li Xiongwei and the others, the sessions court said summoning of the accused «is a serious matter and should not be done in a mechanical manner». The tax department had approached the magisterial court seeking to prosecute the company and the executives on charges of deliberately not providing information sought by it. The magistrate issued the summons in June. In a sharply worded judgement, the sessions court said though no detailed order was required at the stage of summoning, the order «must reflect application of mind by the magistrate».
25.12 / 19:01
Aware
stage
country
IOCL green H2 tender in legal mess, gets one bid
NEW DELHI : The tender to set up the first green hydrogen plant of state-run oil refiner and marketer Indian Oil Corp. Ltd (IOCL) received one bid till the 29 November deadline, people aware of the development said. The bid came from GH4India Pvt.
25.12 / 18:06
Progressive
Action
Fighting
Assurant
Highways
Celebrity
wrestling
View: Still wrestling with our demons
Sakshi Malik, hung up her boots last week in disgust. This unfortunate development doesn't augur well for Indian women when the feted among them are denied justice and even made to grovel for it. Malik and several top Indian wrestlers, including Vinesh Phogat and Bajrang Punia, began their protests in January over the lack of action against the then-head of the Wrestling Federation of India (WFI), Brij Bhushan Sharan Singh, whom they accused of sexual harassment of female wrestlers. For several months, nothing happened.
25.12 / 17:37
Platform
Strategy
ADP
track
Low
GMR eyes foreign funds, low cost of capital with merger completion
NEW DELHI : GMR group expects the debt cost for its airports to decline, ensuring significant inflow from passive funds, as well as foreign fund managers following the merger of GMR Airports Ltd with group holding company GMR Airports Infrastructure Ltd, Saurabh Chawla, executive director, finance and strategy at GMR Airports Infrastructure, told Mint. The merger is expected to be concluded around March, but the procedures indicate that the company may complete the merger by February, he added. “With the completion of the merger, the market capitalization of the listed entity GMR Airports Infrastructure Ltd will double and that will bring us several benefits.
25.12 / 11:24
country
electronic
information
reports
NewsClick case: HR head Amit Chakravarty moves court to turn approver
PTI citing court sources. He moved an application before special judge Hardeep Kaur last week, seeking pardon in the case and claiming he had material information that he was willing to disclose to the Delhi Police, said the report. The matter has been posted before a magisterial court for recording Amit Chakravarty’s statement.
25.12 / 11:17
Citi
Racing
awards
innovations
Climate change greater threat to human race than world wars: Sonam Wangchuk
Sonam Wangchuk on Saturday asserted that climate change poses a greater threat to the human race than world wars. He underlined the role of tribal communities in protecting the environment and urged the residents of modern cities to learn the sustainable way of living from the people who live in harmony with the nature.
25.12 / 11:17
Man
country
KVS can't deny admission under EWS category on ground of certificate issued by another state: Delhi HC
government for notifying the annual income threshold to decide whether a child belongs to the economically weaker section (EWS), the Delhi High Court has ruled. It said the KVS cannot deny admission to a student under the EWS category on the ground that the income certificate has been obtained from another state and not from the Delhi government.
25.12 / 10:42
Fighting
Airlines
Boeing
Southern
show
Why Air India Express’ MAX 8 could break IndiGo’s stranglehold on India skies
Tata group won the bid for Air India in 2021 and took control of the airline in January 2022. It will soon be two years since the control moved to the Tatas. The airline has placed a large order, made changes to its offering, launched new routes, and operationalised its grounded planes as visible signs.
25.12 / 10:19
stage
cover
Ahead of Ram Temple inauguration, PM Modi to inaugurate Ayodhya Airport, hold roadshow on THIS date. Details here
inaugurate the redeveloped railway station in Ayodhya. The airport will be inaugurated ahead of the consecration ceremony at the Ram temple on January 22.
25.12 / 09:43
Provident
Reuters
China to provide consular assistance to Vivo employees arrested in India
Vivo arrested by Indian authorities and urges India not to discriminate against Chinese companies, a foreign ministry spokesperson said on Monday. «We are closely following what you mentioned.
25.12 / 09:42
Provident
Mobile
track
country
information
prevention
Delhi HC refuses to direct TRAI to furnish tapping info to mobile user under RTI Act
TRAI to collect and furnish information under RTI proceedings about the alleged tapping of a mobile user's phone. A bench headed by Justice Vibhu Bakhru allowed an appeal filed by the Telecom Regulatory Authority of India (TRAI) against a single-judge bench order and said an act of surveillance is carried out under the government's directions and in the interest of the country's sovereignty and integrity, the security of the State, friendly relations with foreign states or public order, or for preventing incitement to the commission of an offence, and is exempted under the Right to Information (RTI) Act.
25.12 / 09:17
Provident
FIVE
reports
'All is well in party...we are united': Nitish Kumar on rumours of turmoil in JD(U)
rumours of turmoil in the JD (U), Bihar Chief Minister Nitish Kumar on Monday asserted that all was well in his party and the rank and file were working together to fulfil promises made to the people of the state. Talking to reporters on the sidelines of a function organised to pay tribute to former Prime Minister Atal Bihari Vajpayee on his 99th birth anniversary, Kumar denied that he was unhappy with the outcome of the opposition INDIA bloc meeting held in Delhi last week and expressed confidence that seat sharing arrangements will be completed soon. Asked about rumours of turmoil in the JD (U) as recently reported in a section of media quoting BJP leaders, Kumar said, «All are united in our party...all is well...I don't really pay attention to what they (BJP leaders) say about us.
25.12 / 08:52
Action
awards
reports
‘Wrestling issue between govt, federation, have nothing to do…’ says Brij Bhushan Sharan Singh | 10 points to know
Sanjay Singh, the UP Wrestling Association vice-president hailing from Varanasi, secured 40 votes as against seven of his rival and 2010 Commonwealth Games gold medallist Anita Sheoran. 6. Sakshee Malikkh Sunday said the government’s decision to suspend the WFI is for the betterment of the wrestlers.
25.12 / 08:27
Citi
Platform
Marvell
beautiful
New-age amenities with a touch of mythology: How Ayodhya railway station is being remodelled ahead of temple consecration
Ayodhya railway station after the ongoing revamp. Prime Minister Narendra Modi is scheduled to inaugurate the revamped Ayodhya railway station later this week. Tourists pouring into the temple town ahead of the grand consecration of the Ram Temple on January 22 are stopping at the railway station, marvelling at the ongoing revamp work which is aimed at giving it the look and feel of a temple. Prime Minister Modi will touch down at the temple town on December 30--ahead of the consecration ceremony next month. Purshottam, a tourist from Delhi, said the revamped railway station, while being equipped with new-age amenities for the benefit of passengers and visitors, will also have echoes and influences of Hindu mythology in its overall appearance. «We are here for the first time.
25.12 / 08:25
Racing
Bill
President
queer
recommendations
Supreme Court's 2023 Rundown: Backing Modi's moves on Article 370, cash ban and drawing the line too
Supreme Court delivered a melange of seminal verdicts in 2023 including those that upheld the Centre's decisions to scrap Article 370, which bestowed special status on Jammu and Kashmir, demonetisation of Rs 1,000 and Rs 500 currency notes, and refused to accord legal recognition to same-sex marriages. Under Chief Justice of India D Y Chandrachud, the top court created a record by disposing of an unprecedented 52,191 cases between January 1 and December 15, 2023. It had disposed of nearly 40,000 cases the previous year. Though the Modi government received an emphatic endorsement from the Supreme Court for its decisions nullifying Article 370 and binning Rs 1000 and Rs 500 notes, it was at the receiving end of apex court order that held the Delhi government had legislative and executive control over services in the national capital except for public order, police and land. A five-judge bench of the Supreme Court (SC) unanimously ruled that the appointment of the Chief Election Commissioner and Election Commissioners shall be made by the President on the advice of a committee consisting of the prime minister, the leader of the opposition in the Lok Sabha and the Chief Justice of India. However, these led to the framing of a new law on the appointment of CEC and ECs and amendments to the Government of National Capital Territory of Delhi (GNCTD) Act by the Centre.
25.12 / 08:23
Airlines
information
reports
Delhi fog: Bad weather leads to diversion of 7 flights to Jaipur, 1 to Ahmedabad: Report
Delhi fog news: Due to bad weather in Delhi, 7 flights were diverted to Jaipur and one flight was diverted to Ahmedabad between 6.am-9 am today i.e. on 25 December, airport source said as reported by news agency ANI.
25.12 / 07:22
Provident
Bill
President
Celebrity
performer
country
Year-Ender 2023: Indian democracy marks milestone with new parliament
ANI, the original Parliament House in India, crafted by British architects Sir Edwin Lutyens and Herbert Baker, stands as a colonial-era structure that underwent a six-year construction period from 1921 to 1927. Originally designated as the Council House, the building functioned as the residence for the Imperial Legislative Council. Also Read: New Parliament inauguration row: Here's what Indian constitution says about powers of PM and President The demand for a replacement Indian Parliament building had been overdue for quite some time.
25.12 / 07:11
Citi
Progressive
Entertainment
Parke
Metro
President
hospital
Dwarka: The emerging epicenter of retail development
Dwarka, one of the leading real estate hotspots of Delhi, has become the top choice for real estate buyers and developers and is redefining its identity as the central hub for the retail industry. Over the past few years, the region has witnessed unprecedented development, transforming it into the latest realty hotspot. This evolution is driven by several factors, including robust infrastructure, excellent connectivity, and a wide spectrum of vital amenities that have made Dwarka an attractive destination for real estate developers.
25.12 / 07:11
Provident
Highways
exclusive
Jеwar Airport poisеd to bе a catalyst for the growth of Faridabad’s real estate: Aman Gupta, RPS Group
Faridabad, Noida and Gurgaon еach havе thеir uniquе attributеs. Faridabad еxcеls in affordability, cultural hеritagе and a divеrsе rangе of invеstmеnt opportunitiеs. Howеvеr, it facеs challеngеs in infrastructurе dеvеlopmеnt and amеnitiеs comparеd to Noida and Gurgaon. Thе lattеr two citiеs boast of morе dеvеlopеd infrastructurе, amеnitiеs plus a highеr standard of living, says Aman Gupta, Dirеctor, RPS Group.
25.12 / 07:11
Citi
FIVE
SEC
Parke
performer
information
reports
The fastest-growing micro-markets of Dwarka Expressway? Check the list
Dwarka Expressway is the new growth engine of the Millennial City, Gurgaon. Also called the New Gurgaon region, there is a tremendous spotlight on the region, which has further increased in the wake of the completion of the 8-lane expressway.
25.12 / 06:22
Citi
Provident
Waves
country
hospital
gatherings
infection
Delhi: New Covid sub-variant on radar; flurry of surprise inspection of hospitals
Covid cases registered a rise in the country towards the end of 2023 with sub-variant JN.1 on the radar while the Delhi government planned to step up genome surveillance to tackle the issue going forward. As the new threat looms on the horizon with an uptick in Covid cases amid the festive season, doctors in Delhi have advised people to wear masks, avoid gatherings and maintain a healthy diet. The devastating third wave of the Covid pandemic driven by the Omicron variant had resulted in a record surge of infections in Delhi in early 2022, and the second one driven by the Delta variant had wreaked havoc in the national capital, as at other places, in 2021.
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