Indian Bank declares Lanco Infra, Basundhara Green Power as fraud accounts with Rs 589 crore exposure

"We have to inform you that fully provided non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirements," Indian Bank said in an exchange filing.

published on : 23rd July 2021

BBMP seeks Rs 1K cr from govt to better medical infrastructure

The BBMP has made a proposal before the state government seeking the sanction of around Rs 600-Rs 1,000 crore to improve the medical infrastructure in the city.

published on : 20th July 2021

Will Covid third wave affect kids more? States asked to focus on health infra for paediatric care

The instructions were issued during a review meeting of the preparations under “India Covid-19 Emergency Response and Health Systems Preparedness Package: Phase II” with states.

published on : 15th July 2021

Cabinet extends by 5 years centrally-sponsored scheme for developing infra for judiciary

The Centrally Sponsored Scheme for Development of Infrastructure Facilities for Judiciary has been in operation since 1993-94.

published on : 14th July 2021

COVID-19 effect: Drop in revenue to hit infrastructure projects in Cuttack

Though the city's infrastructure projects have got delayed due to the lockdowns, this revenue loss is likely to have a major impact on the civic body's development programmes.

published on : 14th July 2021

Jaypee Infra insolvency: IRP Anuj Jain files Suraksha group's resolution plan with NCLT

A successful resolution of JIL will provide a big relief to over 20,000 homebuyers across various housing projects launched by the realty developer in Noida and Greater Noida.

published on : 8th July 2021

Odisha: Nabard sanctions Rs 388 crore for four drinking water, 20 road projects

The water supply projects are intended to provide 70 litre per capita per day safe and portable drinking water at the consumer-end through functional household tap connection.

published on : 3rd July 2021

RBI flags loans by Srei to probable related parties

The lender said total exposure to these loans were at Rs 8,576 crore as on March 21, 2021, and that it has sought a legal view on its relationship with these borrowers.

published on : 2nd July 2021

UP govt trying to resolve issues of stalled housing projects in Noida, Greater Noida: UP Infra minister

Builders like Amrapali, Jaypee Infratech and Unitech, have defaulted in delivering their projects in Noida and Greater Noida, with homebuyers' investments being stuck for about a decade now.

published on : 1st July 2021

Maharashtra governor Bhagat Singh Koshyari seeks speedy clearances for Mumbai varsity buildings

Koshyari visited the Kalina campus of the university here and held a meeting with officials besides inspecting various departments and buildings

published on : 30th June 2021

Maharashtra government invites EoI for infrastructure development at Mumbai's Film City

The state government-owned company has issued a public notice inviting applications from national and international players in the film and media entertainment sector between June 28 and July 27.

published on : 30th June 2021

Chhattisgarh health minister at loggerheads with CM Baghel over private rural health infra

TS Singhdeo demanded to know "which specialist doctor will be eager to work in far-flung districts like Sukma or Bijapur when they are unwilling to leave Raipur."

published on : 30th June 2021

World Bank sanctions Rs. 925 crore loan for Rebuild Kerala second phase

With the World Bank clearance for the project, route is also clear for USD 125 mn loan from the Asian  Infrastructure Investment Bank.

published on : 26th June 2021

In a first in Kerala, doctors use IVL to remove calcium deposits in blood vessels

The procedure was conducted for a 75-year-old patient who was hospitalized with uncontrolled diabetes with a non-healing ulcer, at Kochi's VPS Lakeshore Hospital.

published on : 25th June 2021

Suraksha Realty wins bid for Jaypee Infratech by a close margin

While the Suraksha-Lakshdeep consortium received 98.66% of votes, NBCC got 98.54%

published on : 24th June 2021
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