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Volkswagen on Tuesday said global deliveries of battery electric vehicles (BEV) nearly tripled in the first half of 2021, mostly driven by demand in Europe which last week unveiled an effective end date for new combustion engine cars. In the first six months of the year, deliveries of BEVs climbed to 170,939. “Our global electric […]
Volkswagen battery electric vehicle deliveries nearly triple in H1 Read More »
Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis as temperatures soar and demand for cooling surges, especially in Tokyo, where the Olympics begin on Friday. With the world’s eyes on Tokyo as it hosts the Summer Games amid worries over risks posed by
Summer Olympics: Japan goes nuclear to stay cool during Summer Olympics Read More »
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
ChargePoint to buy VW-backed charging software firm for $295 million Read More »
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
Andhra Pradesh HC stays PPA signing between state RE developers Read More »
The Delhi High Court has directed the Department of Telecommunications (DoT) not to revoke (RCom) telecom licenses for another 10 days and has asked the defunct telco to approach the dedicated bankruptcy court for relief. DoT on Tuesday told the court that RCom is a “dead horse that is getting beaten to revive it unlike
DoT can’t revoke RCom’s licenses for 10 more days: Delhi HC Read More »
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.
HC rejects HDIL plea on Mumbai airport slum clearance contract Read More »
NEW DELHI: More than 7,300 families have been conferred ownership rights while over 4.1 lakh people have registered till date for the PM-Unauthorised Colony in Delhi Awas Adhikar Yojna (PM-UDAY), Union minister Hardeep Puri said on Saturday. PM-UDAY was launched on October 29, 2019, to confer ownership rights to residents of 1,731 unauthorised colonies (UCs)
Housing minister Real Estate News Read More »
The case of the Campa Cola Compound in Mumbai is an eye opener for all stakeholders in the real estate sector and especially the prospective home buyer. The Supreme Court,in its verdict delivered in February,has exposed the reality of civic regulation in the opening lines of its order: In the last five decades,the provisions contained
Campa Cola case: Lessons for the home buyer Read More »
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
Imagine this. You are taking a walkthrough of your dream home. You can see how each room would look like, down to the paint on the walls, bathroom fixtures, and even furniture. This is no sample flat being shown by the developer. This is happening in 3-D, on your computer screen. It is almost like
Real estate: Bricks, mortar and a billion bytes in between: INTERESTING REPORT Read More »
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
Buying an office or retail space is a huge investment,which is why commercial realty has been traditionally seen as an asset class that only institutional investors or high net worth individuals could invest in. That,however,is changing. Many retail investors are now getting into the office real estate game. For a perspective of the opportunities in
Commercial property: Opening up to retail investors Read More »