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ChargePoint to buy VW-backed charging software firm for $295 million

GENERAL NEWS /

ChargePoint, one of the world’s largest electric vehicle charging networks, on Tuesday said it has agreed to acquire operating software firm has.to.be for 250 million euros ($295 million) to expand its foothold in the European market. Founded in 2013, has.to.be, in which Volkswagen is a minority shareholder, employs 125 people in Austria and Germany. Its […]

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Andhra Pradesh HC stays PPA signing between state RE developers

GENERAL NEWS /

Andhra Pradesh high court on Tuesday stayed signing of power purchase agreements (PPA) between the state’s renewable energy arm and developers till further orders. Andhra Pradesh Energy Green Corp Ltd (APEGCL) filed an appeal against judgment passed by a single-judge bench on June 17 that quashed the state government’s 6,400 Mw tender saying it failed

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HC rejects HDIL plea on Mumbai airport slum clearance contract

GENERAL NEWS /

The Bombay High Court has rejected an appeal filed by Housing Development and Infrastructure Limited (HDIL) against the court’s earlier order upholding termination of the contract between HDIL and Mumbai International Airport Ltd for the airport slum re-development project. The court also imposed a cost of Rs 10 lakh on HDIL for filing the case.

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Khori villagers in Faridabad move SC for rehabilitation for all Real Estate News ET RealEstate

GENERAL NEWS /

File photo NEW DELHI: Facing demolition of their unauthorised homes built over Aravali forest in Faridabad, the residents of Khori Village have approached Supreme Court seeking its direction for rehabilitation of all of them and challenged the Haryana government policy as per which only those who had been occupying the land prior to 2003 would

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Zurich airport signs shareholder agreement with NIAL for Noida airport development, Real Estate News, ET RealEstate

GENERAL NEWS /

NEW DELHI: The Zurich Airport International on Saturday signed a shareholder agreement with the Uttar Pradesh government’s entity NIAL in Lucknow for the development of the Noida International Airport, a statement said. Arun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, CEO, Yamuna International Airport Pvt Ltd (YIAPL), signed the agreement in

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List of 55 illegal colonies released no FIR despite recommendation Real Estate News ET RealEstate

GENERAL NEWS /

LUDHIANA: With the issue of illegal colonies hogging limelight following opposition’s attack during the MC general house meeting recently, officials of the building branch have submitted a list of 55 illegal colonies under zone C. List of such colonies in four other zones is yet to be released. Notably, despite recommendation of registration of FIRs,

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‘Private equity investment in realty up 26% during January-September’

GENERAL NEWS /

Private equity investment in the real estate sector grew by 26 per cent to Rs 4,716 crore in the first nine months this year despite slowdown in the property market,Cushman & Wakefield said. The global realty consultant attributed the rise in PE investments to increased attraction of institutional investors towards leased income generating office buildings.

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