Latest news with #Srivastava
Time of India
a day ago
- Time of India
LDA resolves nine cases at janata adalat
Lucknow: A retired police officer, B C Srivastava, once again appeared at the Lucknow Development Authority's janata adalat, as part of Pradhikaran Diwas on Thursday, seeking resolution to a land dispute pending for 40 years. Srivastava said his land in Ujariyaon was acquired in 1985, with promise of alternative land which he never received. A similar case surfaced of retired police inspector Indra Kumar , who was allotted a flat in Aliganj in an LDA scheme in 1984, but its registry is pending. Officials were directed to investigate resolve the matters fast. Of 32 applications received, nine were resolved on the spot.
India Today
a day ago
- India Today
Cash found in Atiq Ahmed's son's barrack, jail staff suspended, probe ordered
A surprise inspection at Naini Central Jail in Prayagraj on Tuesday led to the recovery of Rs 1100 in cash from the high-security barrack of Ali Ahmed, son of gangster-turned-politician Atiq recovery triggered serious concerns within the jail administration and resulted in disciplinary action, leading to the suspension of Deputy Jailer Kanti Devi and Head Warder Sanjay Dwivedi with immediate money was recovered during a routine checking by Jail Deputy Inspector General (DIG) Rajesh Srivastava. Upon entering the high-security section where Ali Ahmed is lodged, DIG Srivastava recovered the cash concealed within the barrack when he inspected Ali Ahmed's barrack. Under jail regulations, inmates are strictly prohibited from keeping any form of cash and must use coupons to purchase essential items from the prison Superintendent Rang Bahadur confirmed that the cash was given to Ali Ahmed by a visitor to buy coupons for use in the jail. However, Ahmed did not buy any coupon and instead hid the money in his barrack, violating jail Srivastava has also initiated a formal inquiry into the roles of the Jailer, Deputy Jailer, and other jail personnel to determine whether the incident was an isolated lapse or part of a larger Ahmed, currently housed in a high-security barrack, has been in custody since surrendering in an extortion case. He is also an accused in the high-profile Umesh Pal murder case, allegedly orchestrated from within the the death of his father, Atiq Ahmed, Ali is believed to have assumed control of the criminal syndicate known as IS Watch
Hindustan Times
2 days ago
- Hindustan Times
Delhi Police tighten drug crackdown, shows data
NEW DELHI The Delhi Police has registered 1,096 cases under the Narcotic Drugs and Psychotropic Substances (NDPS) Act and arrested 1,353 persons until May, according to data accessed by HT, with enforcement well on its course to ensure record seizures by the year-end. According to the data, in theentirety of 2024, 1,789 cases were registered and 2,290 persons were arrested, while the respective numbers were 1,325 and 1,736 for 2023, 1,179 and 1,499 for 2022, and 566 and 857 for 2021. Officers said that while the 2024 numbers were a record, enforcement action has been more stringent this year, given the growing drug smuggling networks. 'With synthetic and prescription drugs being increasingly used, enforcement agencies are recalibrating their strategies to target manufacturing and supply chains more effectively, so that the narcotics trafficking networks could be completely dismantled in the national capital. The Delhi Police continues to work in coordination with other central agencies to address the growing complexity of the drug trade in the capital,' special commissioner of police (crime) Devesh Chandra Srivastava said. Police said that marijuana continues to be the most commonly seized narcotic in terms of volume, with over 2,695 kilograms already seized this year. In 2024, 4,921.8kg of the drug was seized. They also highlighted increased opium smuggling, citing seizures to the volume of 212kg in the first five months of the year—over double the quantity of 104.88kg seized in the whole of 2024. Police also raised the red flag over cocaine recoveries, citing seizures of 1,296.6kg in 2024, which was sharply up from 15.31kg seized in 2023. This year, 0.74kg has been seized until May. According to the data, police also seized 300,000 tablets and 34,616 capsules of pharmaceutical drugs illegally manufactured, counterfeited or intended for misuse,and 173 bottles of prescription cough syrups. In 2024, 828,000 tablets and 3,561 injections were seized. Since December 2022, police said they have incinerated substances weighing over 42,000kg and worth over ₹10,000 crore seized under the NDPS Act. 'Drug destruction events reflect Delhi Police's zero-tolerance stance against narcotics. All events were conducted with strict environmental compliance at designated incineration facilities,' Srivastava said.
Hindustan Times
3 days ago
- Business
- Hindustan Times
Bengaluru-based Prestige Group to launch ₹50,000 crore worth of homes in FY26
Bengaluru-based listed real estate developer Prestige Group is targeting residential project launches with a gross development value (GDV) of over ₹50,000 crore across key markets such as Goa, Bengaluru, Delhi, Hyderabad, Chennai, and Mumbai during the current financial year, said Praveer Srivastava, senior vice president at Prestige Group, in an interaction with 'We are also aiming to achieve a GDV of ₹14,000–15,000 crore from residential project launches by the end of Q1 FY26,' he said. One of Prestige's biggest plays this year is its entry into Delhi-NCR, a market it ventured into recently. The company has already launched a ₹12,000 crore residential project in Indirapuram, with ₹9,500 crore already approved for development. "Two more marquee launches are planned, including Prestige Bougainvillea Gardens in Sector 150, Noida, by Q1 FY26, and Prestige Imperium, a super-luxury offering in Delhi's KG Marg with ticket sizes expected to cross ₹1 lakh per sq ft, slated for launch around Diwali," he said. In Mumbai, the group has ₹10,000 crore worth of launches planned for the fiscal, ranging from ₹2 crore apartments in Prestige City to ultra-luxury units worth ₹150 crore in Worli's Nautilus. 'Mumbai's luxury market is deep, but land costs don't allow for villas. We're focusing on optimising apartment formats to cater to both premium and mid-segment buyers,' said Srivastava. Also Read: Bengaluru-based Prestige Estates aims to 'rewrite the way real estate is done' in NCR In Chennai, Prestige plans to launch projects worth ₹3,000–3,500 crore this year, including Prestige Palladium Garden by end-June and another project in Madhavaram by Q3. Srivastava said the company has partnered with Arihant Developers to identify more opportunities in the city, where pricing is relatively affordable at ₹10,000–11,000 per sq ft. Hyderabad too will see ₹10,000 crore worth of launches this year, including a luxury project in Banjara Hills where apartments will be priced at ₹8–10 crore. The group is also planning extensions to its township and is exploring two new land parcels. The ₹1–2 crore range remains the sweet spot in the city, with 3,000–4,000 sq ft apartments in high demand. Goa is emerging as a key leisure-luxury destination for the developer, with ₹3,000 crore in launches planned for the next quarter across both high-end apartments and villas. Also Read: Prestige Group targets ₹1,100 crore from new housing project in Bengaluru With footprints in six major cities already, the company is looking to foray into new cities soon. 'We're exploring opportunities in Pune, Gurugram, and Noida. These are markets we weren't present in earlier but see immense growth potential,' said Srivastava. 'We want to be in the ₹2–3 crore sweet spot—where most real demand is. But at the same time, we won't shy away from landmark developments in India's most elite locations,' Srivastava said.
India.com
4 days ago
- Business
- India.com
Adani's port, India's peril? New fronts in the Mideast conflict
Adani's port, India's peril? New fronts in the Mideast conflict As the Israel-Iran conflict worsens, India faces a growing threat of indirect economic damage. The country's energy security, trade routes, and important business interests are becoming more uncertain. In response to the rising tensions, the government needs to quickly assess the risks to its energy supply, explore new sources for crude oil, and make sure the country's emergency fuel reserves are strong enough, according to a statement from the think tank GTRI on Sunday. The Global Trade Research Initiative (GTRI) has warned that the ongoing war is putting India at greater risk of indirect economic damage. The country's energy supply, shipping routes, and major business interests are becoming more uncertain as the conflict continues. According to GTRI Founder Ajay Srivastava, the growing violence and increasing tension in the region are directly affecting India's important economic and strategic ties with West Asia. He explained that India trades a lot with both countries involved in the conflict, which puts its trade and economic interests at risk, reported Hindu Business Line . In 2024-25, India exported goods worth $1.24 billion to Iran and imported items worth $441.9 million from the country. Trade with Israel was even larger, with $2.15 billion in exports and $1.61 billion in imports. However, what matters even more than trade with these two countries is India's heavy dependence on the region for energy. Almost two-thirds of India's crude oil and around half of its liquefied natural gas (LNG) imports travel through the Strait of Hormuz—a route that Iran has now threatened to block. This narrow waterway, just 21 miles wide at its tightest point, is crucial because it carries nearly 20% of the world's oil supply. For India, which imports more than 80% of its energy needs, the Strait of Hormuz is vital. The situation became more serious on June 15, when Iran launched missiles at Israel's Haifa port. This port is very important as it handles over 30% of Israel's imports. What makes it more concerning for India is that Adani Ports, an Indian company, owns 70% of this port, explained Srivastava. According to Srivastava, early reports suggest that the missile attack damaged parts of the port and nearby oil refineries. This has raised concerns that shipping and goods movement could be disrupted, and that the conflict might start affecting Indian business interests in the area. At the same time, Israel's airstrikes on June 14-15 targeted Houthi military leaders in Yemen, further increasing tensions in the Red Sea. This is worrying because Houthi forces have already attacked cargo ships in the region, putting international trade at risk. For India, this is a major concern. Almost 30% of India's exports heading west—to places like Europe, North Africa, and the eastern coast of the United States—pass through the Bab el-Mandeb Strait, Srivastava pointed out. This narrow waterway lies between Yemen and the Horn of Africa and connects the Red Sea to the Arabian Sea. It's an important route for global shipping, especially for countries like India. With the area now under threat due to rising tensions and attacks, there is a real risk that Indian exports could face delays, higher transport costs, or even disruptions. He explained that if ships are forced to avoid the Red Sea and take the longer route around the Cape of Good Hope in Africa, delivery times could increase by up to two weeks. This longer journey would also make shipping much more expensive. As a result, India's exports—especially items like engineering products, textiles, and chemicals—could face serious delays and higher costs. At the same time, it would also make some imported goods more expensive for India, since the cost of bringing them in would go up. Although India is not directly involved in the conflict, it cannot afford to stay relaxed, he warned. The government needs to quickly assess the risks to its energy supply, look for more diverse sources of crude oil, and make sure the country has enough fuel stored in its emergency reserves. ( Girish Linganna is an award-winning science communicator and a Defence, Aerospace & Geopolitical Analyst. He is the Director of ADD Engineering Components India Pvt. Ltd., a subsidiary of ADD Engineering GmbH, Germany. Contact: girishlinganna@ )
