He was told the next hearing in the case will be a case management hearing ahead of a trial set for five days from September 7.  Fugitive diamond merchant Nirav Modi, fighting extradition to India, was on Thursday further remanded in custody until August 27 after he appeared via videolink at a regular remand hearing before…

NEW DELHI: Union Housing and Urban Affairs Ministry on Friday approved the construction of around 10.28 lakh houses under the Pradhan Mantri Awas Yojana (Urban), taking the total number of houses sanctioned so far under the scheme to 1.06 crore. The decision was taken at a meeting of the Central Sanctioning and Monitoring Committee (CSMC)…

Noting a gradual, but slow return to normalcy, he says customers remain cautious about stepping out. As India moves forward in the Unlock phases, there is a need to adapt to changing customer behaviour and align business operations with safety reassurance at the core, feels Robert Hunghanfoo, Head of CPRL, which operates McDonald’s restaurants in North and East India. Noting…

File photo GREATER NOIDA: Office bearers of more than three dozen residents’ welfare associations (RWA) reached GNIDA’s office in Knowledge Park IV to hand over a memorandum to the authority’s chief executive officer denouncing its move to hand over the maintenance work of residential sectors to them. GNIDA wants to pass on at least three…

Its net profit stood at Rs 90.6 crore in the year-ago period.  Realty firm Sobha on Friday reported a 93 per cent decline in its consolidated net profit at Rs 6.6 crore for the quarter ended June as sales and construction activities were stalled because of the COVID-19 pandemic. Its net profit stood at Rs…

On the other hand, Life Insurance Corp of India had said that it has bought additional shares of the lender through open market purchases. Adani Electricity Mumbai Ltd (AEML) has sold shares worth Rs 202 crore in Yes Bank. This was done through an open market transaction on Thursday. AEML sold off 15 crore shares which represented…

The company’s revenue was also down by around 35 per cent year-on-year to Rs 1,241 crore during the period under review.  MP Birla group’s flagship company Birla Corporation Ltd on Friday reported a 53 per cent fall in its net profit to Rs 66 crore for the first quarter of the current fiscal. It had posted a…