Press Trust of India (PTI), headquartered in New Delhi, is India’s largest news agency. It was registered in 1947 and started operations in 1949. PTI has more than 400 journalists and 500 stringers, who generate more than 2,000 stories and 200 photographs every day. Subscribers to PTI’s feed include the mainstream media, research groups, specialised presses, companies, government organisations and NGOs.
The Supreme Court, on October 10, 2018, came down heavily on Maharashtra’s Slum Rehabilitation Authority (SRA) for trying to ‘shrug off’ its responsibility, in ensuring compliance of an Act meant for the welfare of … READ FULL STORY
The Supreme Court, on October 9, 2018, sent three directors of the Amrapali Group to police custody, directing them to hand over all the documents of the 46 group companies to forensic auditors. A … READ FULL STORY
A Supreme Court bench of chief justice Ranjan Gogoi and justices SK Kaul and KM Joseph, on October 8, 2018, asked the Reserve Bank of India (RBI) to communicate, within six weeks, its decision … READ FULL STORY
Rampant groundwater extraction and erratic supply from treatment plants, has deepened a potable water crisis in several parts of Gurugram, residents claim. People living in DLF Phase One, Two, Three, Four and Five, South … READ FULL STORY
The Reserve Bank of India (RBI) opted for a surprising status quo, at the bi-monthly review, on October 5, 2018, on expectations of a softening price rise but changed the policy stance to ‘calibrated … READ FULL STORY
The Bombay High Court, on September 25, 2018, said it was unfortunate that arterial roads and highways across Maharashtra continued to remain riddled with potholes year after year and asked why the state government … READ FULL STORY
The Ministry of Housing and Urban Affairs (HUA) has urged the Ministry of Finance to create ‘Stress Funds’ to complete stalled housing projects, to bring relief to home buyers in Noida and Greater Noida. … READ FULL STORY
The drop in the value of the rupee against the US dollar, can be seen as an investment opportunity for individual buyers, as well as institutional investors, according to real estate experts. “Over the … READ FULL STORY
The draft airport policy that seeks to shift tariff structure to the ‘price cap’ model, from the existing ‘cost plus’ model, exposes developers to traffic risks in general and is particularly risky for greenfield … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), is in the international bond market to raise nearly USD 500 million in green bonds, making it the maiden issuance for the lender. The tenor … READ FULL STORY
The Telangana government, on September 18, 2018, asked all builders and developers who have obtained permissions for real estate projects on or after January 1, 2017, to get their projects registered with the concerned … READ FULL STORY
The first priority for Reliance Communications (RCom), which is credited with democratising telecom services through cheaper offers in the early 2000s, is to resolve its over Rs 40,000-crore debt, Anil Ambani told shareholders at … READ FULL STORY
Private equity/venture capital (PE/VC) activity continued its strong run, with USD 1.6 billion investments received in August 2018, according to EY’s private equity monthly deal tracker report. August 2018 also recorded USD 830 million … READ FULL STORY
