Latest news with #Rs53


Time of India
a day ago
- Business
- Time of India
CM Orders Gadchiroli Airport Survey, Pushes For Timely Land Acquisition
Nagpur: Chief minister Devendra Fadnavis on Thursday ordered an immediate obstacle limitation surface (OLS) survey for the proposed Gadchiroli airport, directing the district collector to submit a detailed proposal. The instruction came during a high-level review meeting on land acquisition for major infrastructure projects, held in Mumbai. Fadnavis further instructed the runway at Akola Airport to be extended to 2,400m apart from envisioning a modern, large-scale terminal for the city. He emphasised the need for comprehensive planning for air connectivity in Kolhapur, Karad, Akola, Gadchiroli, and Chhatrapati Sambhajinagar. Stressing the need for strict adherence to timelines, Fadnavis said, "No project should stall due to land acquisition delays. All agencies must work in mission mode with quality and structured coordination." He cautioned that delays lead to steep cost escalations and insisted that each agency follow the pre-defined schedule meticulously. Fadnavis also reviewed the progress of multiple critical projects, including the Nagpur-Gondia, Nagpur-Chandrapur, and Bhandara-Gadchiroli expressways, directing officials to finalise their alignment using the Gati Shakti portal to ensure minimal forest land diversion. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2 & 3 BHK Homes Near Padur, OMR Starting @ ₹72.50 Lakh* TVS Emerald Undo For the Wardha-Gadchiroli and Wardha-Nanded railway lines, the CM set a 15-day deadline to complete land acquisition. Fadnavis further instructed that the Virar-Alibaug corridor's Morbe-Karanja section, which passes through mangrove and forest zones, should begin its approval processes immediately, and that administrative clearances should proceed simultaneously to save time. He also asked the finance department to allocate Rs12,000 crore for land acquisition of the Shaktipeeth Expressway. Other directives included submission of a proposal to integrate the Wadhwan-Igatpuri expressway under the Sagarmala scheme, and completion of the Selu land acquisition in Parbhani district for the Jalna-Nanded expressway within 15 days. The CM also called for provision of Rs53,354 crore for land acquisition related to 11 major infrastructure projects across the state. Top bureaucrats present included Revenue ACS Rajesh Kumar, PWD ACS Manisha Mhaiskar, Forest ACS Milind Mhaiskar, Transport and Ports ACS Sanjay Sethi, Finance ACS OP Gupta, Urban Development ACS Aseemkumar Gupta, and MSRDC MD Anil Gaikwad.


Time of India
3 days ago
- Time of India
11 arrested in three online cyber crime fraud cases
Pune: The Pimpri Chinchwad cyber police arrested 11 individuals linked to three major online frauds in which victims lost over Rs2 crore. A 45-year-old software engineer from Sangvi lost Rs1.55 crore to a woman he met on a dating app in Feb last year. Tired of too many ads? go ad free now Posing as a brokerage executive, she promised good returns to help them buy a flat. "She took money in phases till Nov, transferring it to multiple accounts," police said. The techie filed a complaint on Saturday. Senior inspector Ravikiran Nale said investigations led to a private bank account in Solapur. "The account holder revealed three men had used it under the pretext of online gaming. We arrested Shubham Mantha (25), Swapnil Baheti (35), and Prashik Navghare (26) from Pune airport while trying to flee to Nepal," he said. Mantha and Baheti had links with cybercrooks in China. In the second case, a local lost Rs3.3 lakh. "Rs2.1 lakh went to a Silvassa account. We arrested the holder, Salman Khan (32), who named three more men — Bundty Panchal (30), Intakhaf Khan (30), and Suraj Singh (34)," Nale added. Earlier, on June 9, police nabbed two from Ahilyanagar for a Rs53 lakh "digital arrest" scam. The police said, "They led us to Avinash Palve, who ran mule accounts and bought crypto with the fraud money".


Express Tribune
14-05-2025
- Business
- Express Tribune
PSX inches closer to record high
Foreign funds would divert their liquidity into buying Pakistan's stocks. This would merely increases prices of shares and be profitable for those who already hold stocks. PHOTO: FILE Listen to article The Pakistan Stock Exchange (PSX) followed through on the previous day's record surge with notable gains on Tuesday, buoyed by investor optimism over the easing of war fears between Pakistan and India and assurances from the finance minister about the limited fiscal fallout from the geopolitical tensions. The KSE-100 index soared to an impressive intra-day high of 2,769 points, nearing its all-time high of 120,796, before settling with an increase of 1,278 points, or 1.09%, at 118,576. The recent approval of $2.4 billion in loans by the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) as well as a rally in crude oil prices and upbeat global equities lifted investor sentiment in the local market. Institutional buying, especially by the local mutual funds, and strong participation across key sectors propelled the benchmark index closer to the all-time high. Trading activity remained robust as 684 million shares were traded while the traded value came in at Rs53 billion – the highest in five months. Ahsan Mehanti of Arif Habib Corp stated that stocks closed higher as investors weighed ceasefire talks between Pakistan and India, which resulted in stability, and the finance minister's assurance of a minimal fiscal impact from the conflict. Rupee stability due to the easing of geopolitical tensions and the IMF loan approval, alongside upbeat global equities and a surge in crude oil prices, played the role of catalysts in bullish close at the PSX, added Mehanti. At the end of trading, the benchmark KSE-100 index recorded an increase of 1,278.16 points, or 1.09%, and settled at 118,575.89. In its market review, Topline Securities commented that the bullish momentum from the previous session was carried forward, fuelled by robust institutional buying, particularly from the local mutual funds. This positive sentiment propelled the benchmark index to an impressive intra-day high of 2,769 points, closing at a remarkable 118,576 with an increase of 1,278 points. Key drivers of the rally were heavyweight stocks such as Pakistan Petroleum, Oil and Gas Development Company, Lucky Cement, Pakistan State Oil (PSO) and Mari Petroleum, which contributed 1,177 points to the KSE-100 index, added Topline. In its commentary, Arif Habib Limited (AHL) stated that Monday's follow-through gains touched 120,000 points before coming off, but it still managed to advance 1.09% day-on-day. Some 51 shares rose while 45 fell, with Pakistan Petroleum (+10%), Oil and Gas Development Company (+7.71%) and Lucky Cement (+3.97%) contributing the most to index gains. On the flipside, Bank AL Habib (-2.58%), MCB Bank (-2.27%) and UBL (-1.23%) were the biggest index drags, noted AHL. It added that Lucky Core Industries had announced a 5:1 stock split. Moreover, the government was offering relief to industries and salaried individuals by reducing the super tax in the upcoming federal budget for 2025-26. "The key level to watch for sustainability is 120,000 points, while 113-115,000 points is a zone on watch as potential support," it commented. JS Global analyst Muhammad Hasan Ather remarked that the KSE-100 index surged 2.4% in intra-day trading, continuing its three-session rally and nearing the all-time high of 120,796. The bullish sentiment followed signs of de-escalation in India-Pakistan tensions, which previously weighed on the market. Additionally, the IMF's financial support, including a fresh $1.4 billion under the Resilience and Sustainability Facility, boosted investor confidence, he said. Going forward, stability in geopolitical conditions and continued structural reforms would be the key to sustaining the momentum, with traders eyeing a break above record levels, noted Ather. Overall trading volumes decreased to 684.3 million shares compared with Monday's tally of 732.9 million. Shares of 462 companies were traded. Of these, 221 stocks closed higher, 194 fell and 47 remained unchanged. WorldCall Telecom was the volume leader with trading in 41.7 million shares, falling Rs0.06 to close at Rs1.26. It was followed by Maple Leaf Cement with 41.1 million shares, gaining Rs6.27 to close at Rs75.92 and Sui Southern Gas Company with 35.8 million shares, gaining Rs2.33 to close at Rs32.79. During the day, foreign investors bought shares worth Rs386.8 million, the National Clearing Company reported.


Business Standard
08-05-2025
- Lifestyle
- Business Standard
1 Court by Aspire Construction: A Lifestyle-Ready Residential Community That Has It All
SMPL New Delhi [India], May 8: In a transformative move for Nagar's residential landscape, Aspire Construction has announced 1 Court, a pioneering gated community that blends wellness, security, and lifestyle into one holistic living experience. Currently under construction, this landmark project introduces an elevated standard of urban housing to a Tier-II city--where thoughtful design meets everyday convenience for families of all generations. Where Wellness Meets Everyday Living In today's fast-changing world, where hybrid work, holistic wellness, and family-centric living are top priorities, 1 Court emerges as a thoughtfully crafted response. "We're not just constructing apartments--we're shaping the future of how families live and thrive," says Mr. Manas Vanwari, Founder & Director of Aspire Construction. "At 1 Court, we've created a setting where work, wellness, and family all come together. It truly has it all." A Lifestyle for Every Generation Located in a secure, gated community near Savedi and Pipeline Road, 1 Court offers spacious 2 and 3 BHK homes starting at Rs53 Lakhs. Each detail--from layout to lifestyle--is tailored to support every age group: * Mini Theatre, Kids' Play Area, and Turf for younger residents * Mini Golf and Senior Citizen Corners for leisure and relaxation * A Business Center that enables professionals to work efficiently without leaving home Whether you're nurturing a growing child, staying active as a young adult, managing work-life balance, or embracing serene retirement years--1 Court meets the needs of every stage of life. Designed With Wellness and Security in Mind Every element at 1 Court contributes to your family's well-being and safety. From jogging tracks and green open spaces to video door cameras, gas leak detectors, and round-the-clock security, this gated community ensures peace of mind that stand-alone buildings or tenements simply can't match. Built for the New Indian Homeowner Sophisticated interiors, premium finishes, generator backup for common areas, and features like EV charging stations underscore 1 Court's commitment to quality and convenience. A Trusted Name in Development With MahaRERA approval and transparent processes, Aspire Construction assures buyers of on-time delivery and legal clarity. Mr. Manas Vanwari and his team continue their mission to craft vibrant communities that go beyond brick and mortar. Limited Units, Limitless Lifestyle As demand grows among families across Nagar, 1 Court invites homebuyers to invest not just in a home--but in a lifestyle that has it all. For more information, please visit our Instagram page or contact: +918355884543 (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)


India Gazette
08-05-2025
- Lifestyle
- India Gazette
1 Court by Aspire Construction: A Lifestyle-Ready Residential Community That Has It All
SMPL New Delhi [India], May 8: In a transformative move for Nagar's residential landscape, Aspire Construction has announced 1 Court, a pioneering gated community that blends wellness, security, and lifestyle into one holistic living experience. Currently under construction, this landmark project introduces an elevated standard of urban housing to a Tier-II city--where thoughtful design meets everyday convenience for families of all generations. Where Wellness Meets Everyday Living In today's fast-changing world, where hybrid work, holistic wellness, and family-centric living are top priorities, 1 Court emerges as a thoughtfully crafted response. 'We're not just constructing apartments--we're shaping the future of how families live and thrive,' says Mr. Manas Vanwari, Founder & Director of Aspire Construction. 'At 1 Court, we've created a setting where work, wellness, and family all come together. It truly has it all.' A Lifestyle for Every Generation Located in a secure, gated community near Savedi and Pipeline Road, 1 Court offers spacious 2 and 3 BHK homes starting at Rs53 Lakhs. Each detail--from layout to lifestyle--is tailored to support every age group: * Mini Theatre, Kids' Play Area, and Turf for younger residents * Mini Golf and Senior Citizen Corners for leisure and relaxation * A Business Center that enables professionals to work efficiently without leaving home Whether you're nurturing a growing child, staying active as a young adult, managing work-life balance, or embracing serene retirement years--1 Court meets the needs of every stage of life. Designed With Wellness and Security in Mind Every element at 1 Court contributes to your family's well-being and safety. From jogging tracks and green open spaces to video door cameras, gas leak detectors, and round-the-clock security, this gated community ensures peace of mind that stand-alone buildings or tenements simply can't match. Built for the New Indian Homeowner Sophisticated interiors, premium finishes, generator backup for common areas, and features like EV charging stations underscore 1 Court's commitment to quality and convenience. A Trusted Name in Development With MahaRERA approval and transparent processes, Aspire Construction assures buyers of on-time delivery and legal clarity. Mr. Manas Vanwari and his team continue their mission to craft vibrant communities that go beyond brick and mortar. Limited Units, Limitless Lifestyle As demand grows among families across Nagar, 1 Court invites homebuyers to invest not just in a home--but in a lifestyle that has it all. For more information, please visit our Instagram page or contact: +918355884543 (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)