City Kolkata Financial News

Godrej Properties Ltd has acquired 53-acre land in Kolkata to build a residential plotted development project that will have revenue potential of around Rs 500 crore. Godrej Properties is one of India's leading real estate firms. In a regulatory filing on Wednesday, the company informed that it has acquired about 53-acre land parcel in Joka, Kolkata. «The proposed project is estimated to have a development potential of 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore,» Godrej Properties said.

The Cabinet had in August, approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs 28,602 crore spanning across 10 states. “These industrial smart cities, represent the next generation of connected, self-sustaining hubs that will support local communities and elevate India’s global standing,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a statement on the eighth anniversary of four industrial corridors namely Amritsar-Kolkata Industrial Corridor (AKIC), Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC), and Bengaluru-Mumbai Industrial Corridor (BMIC).

Faf du Plessis, who led the Royal Challengers Bengaluru (RCB) for three IPL seasons from 2022 to 2024, was not retained by the franchise for the upcoming league. This places du Plessis alongside Shreyas Iyer, Rishabh Pant, and KL Rahul in the pool for the IPL mega auctions. Andy Flower, RCB's head coach, acknowledged du Plessis's contributions. «Last year, Faf's captaincy and leadership — in what was a really tough season, particularly in the first half — was sensational,» Flower said. «He led the revival that took us into the finals.»

Bharat Dev Varma, husband of actress Moon Moon Sen and father to actresses Raima and Riya Sen, passed away at his Kolkata residence on Tuesday. According to reports, Bharat’s health took a critical turn, prompting his family to summon an ambulance from a hospital in the Dhakuria area. Unfortunately, he succumbed before he could reach the medical facility. Bharat Dev Varma was a descendant of the former royal family of Tripura. His mother, Ila Devi, was a princess of Cooch Behar and the elder sister of Gayatri Devi, the Maharani of Jaipur. His grandmother, Indira, was the only daughter of Sayajirao Gaekwad III, the Maharaja of Baroda. Bharat married Moon Moon Sen in 1978. Moon Moon also has royal lineage, being the daughter of iconic Bengali actress Suchitra Sen and Dibanath Sen. Her father hailed from a prominent family in Ballygunge Place and was the son of Adinath Sen, one of Kolkata’s wealthiest businessmen. Additionally, her great-grandfather, Dinanath Sen, served as the Diwan (minister) to the Maharaja of Tripura.

Kolkata Police on Monday brought R G Kar Medical College and Hospital rape-murder accused Sanjay Roy to Sealdah court in an apparent attempt to prevent journalists from hearing his voice. Roy had made certain remarks against former Kolkata police commissioner Vineet Goyal and claimed his innocence when he was being taken out of the prison van before being produced before Sealdah court on November 11, the opening day of the trial. To prevent Roy from speaking during Monday's appearance, police constantly honked the vehicle's horn and slapped its body as he was escorted to the court building, eyewitnesses said. Police also replaced the van with a smaller one to transport Roy to avoid further disruptions from Tuesday last.

As a 27-year-old, Bivin Sonthalia already owns three apartments in Kolkata, two funded by him and the third bought jointly with his brother. He didn’t hit a lottery or get a windfall from stock options.

NOK Air Flight DD959, which was scheduled to fly from Rajiv Gandhi International Airport Hyderabad to Don Mueang International Airport (DMK) Bangkok, declared an emergency early on Saturday morning, GMR, PRO said. «Nok Air flight DD959 from Rajiv Gandhi International Airport, Hyderabad to Don Muang International Airport (DMK), Bangkok declared an emergency this morning. All passengers were deboarded and taken to the terminal after security checks, and their luggage was unloaded and checked,» Mukesh, PRO GMR said. Earlier one passenger was detained by the Raipur police in the matter pertaining to the emergency landing of a flight, said a police official on Thursday.

Shami, GT’s leading wicket-taker in their 2022 title-winning campaign with 20 scalps, was let go due to recurring injury concerns. The right-arm pacer missed the 2024 IPL season as he was recovering from an ankle injury sustained during the ICC ODI World Cup 2023. Despite his recent setbacks, Shami remains a formidable force in T20 cricket, having bagged 79 wickets in 77 IPL matches at an economy of 8.63.

Air India Express on Friday announced that is is expanding the number of weekly flights in its winter schedule from Kolkata to Bagdogra by 37 per cent. The Tata-owned airline will now operate over 230 weekly flights from Kolkata and Bagdogra, up from 168 during the previous winter season. This expansion includes new direct routes that will significantly improve travel options for passengers. For Kolkata, Air India Express is introducing new direct flights connecting the city to Sri Vijaya Puram (Port Blair) and Indore, while Bagdogra will see a new connection to Chennai.

Enforcement Directorate (ED) conducted raids and search operations in and around Kolkata in connection to a multi-crore alleged financial fraud and money laundering through lottery tickets. Three teams of the central agency officials carried raids and search operations in at least three locations in Kolkata. The central agency officials carried out raids in at least three locations in Kolkata, Madhyamgram area in North 24 Parganas district and two other locations. In Madhyamgram's Michael Nagar, raids and searches were conducted in a lottery-ticket printing factory. The other two places where raid and search operations were conducted were at Lake Market and Lake Gardens in South Kolkata. The central agency also conducted raids at the offices-cum-residences of two lottery agents, people in the know said. Multiple charges against the lottery scam include evasion of taxes and diversion of the proceeds of the income illegally.

Aloke Bajpai, co-founder and CEO of ixigo.com, highlighted the lack of public awareness around the health risks. He shared his experience of sending his children to school wearing masks, only to face questions from other parents regarding the necessity. Observing elderly individuals continuing outdoor activities despite hazardous air, Bajpai questioned the absence of public health campaigns to raise awareness about the long-term health risks of such exposure. Some online commenters pointed out that while masks can help to an extent, they are not fully effective against polluted air. Others suggested that those who can afford it should consider relocating to areas with cleaner air for the sake of their family’s health, though Bajpai noted that relocating isn’t a practical solution for everyone.

Subscribe to enjoy similar stories. There is a tactile quality about Becharam Das Dutta’s paintings, be it the Narasimha Vishnu-Avatara or Shiva Panchanan. Created in watercolour and natural dye in the middle to late 19th century, these pats are an example of combining innovation with tradition.

Subscribe to enjoy similar stories. New Delhi: India’s competition watchdog may knock on the doors of the country’s top court in an anti-trust case involving e-commerce majors Amazon and Flipkart, and some sellers on their platforms, two persons aware of the development said. The Competition Commission of India (CCI) is considering moving the Supreme Court to transfer to it more than a dozen writ petitions filed by these sellers in the high courts of Karnataka, Telangana, Madras and Kolkata.

ED) arrested four persons, including two Bangladeshi nationals, during the last 24 hours in connection with money laundering case and illegal Bangladeshi Infiltration case for facilitating illegal infiltration and human trafficking in India. They all have been arrested in Kolkata and ED is taking transit remand to bring them to Ranchi in Jharkhand. The two Bangladeshi nationals arrested were Rony Mondal and Sameer Chowdhary while two Indian nationals were Pintu Haldar and Pinki Basu Mukherjee in connection with Bangladeshi Infiltration case for facilitating illegal infiltration and human trafficking in India. While Mondal, Chowdhary and Halder were arrested on Tuesday, Basu was arrested on Tuesday.

RG Kar Medical College & Hospital PGT doctor in August started at a special court in Kolkata's Sealdah on Monday. Meanwhile, the sole accused Sanjay Roy, while leaving the court in the evening, claimed today that he has been falsely implicated by Kolkata Police. The trial is being conducted on a fast-track and daily basis. «I have been a victim of conspiracy. Vineet Goyal and DC Special have falsely implicated me,» Roy said today from the prison van. Recently, Roy has claimed in front of media channels, while he was being produced in court, that he did not commit rape or murder, and he was being falsely implicated by the police. Pointing at the Kolkata Police, where he worked as a civic volunteer, Roy also claimed he had been threatened by his own departmental colleagues to remain silent in the matter.

HDFC Bank has decided to divest several key commercial properties inherited during its 2023 merger with its mortgage-lender parent, HDFC, said persons with direct knowledge of the development. Monetisation of these assets, which include some residential apartments, could together fetch about ₹3,000 crore for India's most-valued bank. The assets to be sold include the HDFC House in South Mumbai's Churchgate and residential apartments that were allotted to HDFC's senior officials earlier. Commercial assets across south Mumbai, Kalina, Chandivali and other cities including Kolkata, Mysore, and Bengaluru are valued at around ₹2,400 crore. Residential apartments are likely to be valued around ₹800 crore.

Supreme Court on Monday stayed a Calcutta High Court's order directing a CBI probe into the alleged torture of a woman in police custody after her arrest over protests against the rape and murder of a doctor of R G Kar Medical College and Hospital. A bench of Justices Surya Kant and Ujjal Bhuyan asked the West Bengal government to submit a list of seven IPS officers, including five women, who could be included in a fresh Special Investigation Team (SIT) for probing the custodial torture case. The order was passed on an appeal filed by the West Bengal government which had stated the high court had erroneously passed the order directing a CBI probe and the state police was capable of the investigation. On November 6, a division bench of the Calcutta High Court upheld an order of a single judge directing a CBI investigation into the allegations levelled by the woman.

Joint Parliamentary Committee (JPC) members from the Opposition will boycott the meetings starting from November 9. Banerjee was recently suspended for a day following his altercation during a JPC meeting on the Waqf (Amendment) Bill. Meanwhile, seven Opposition lawmakers on Monday threatened to disassociate themselves from the JPC on the Waqf (Amendment) Bill.