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Indian hotel industry takes over Rs 1.30 lakh cr revenue hit in FY21, seeks govt support: FHRA
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Indian hotel industry takes over Rs 1.30 lakh cr revenue hit in FY21, seeks govt support: FHRA
PTI / May 16, 2021, 12:29 IST
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NEW DELHI: The Indian hotel industry has taken a hit of over Rs 1.30 lakh crore in revenue for the fiscal year 2020-21 due to the impact of the Covid-19 pandemic, the Federation of Hotel & Restaurant Associations of India (FHRAI) said on Sunday.
The apex industry body said it has submitted representation to the Prime Minister and a few other union ministers urging immediate support from the government to save the hospitality sector from imminent collapse and has requested for several fiscal measures for this.
SBI to offload three NPA accounts next month for recovery of over Rs 235 crore
The State Bank of India (SBI) will sell three bad accounts to asset reconstruction companies or other financial institutions next month to recover dues of over Rs 235 crore, as per a sales notice
PTI | May 16, 2021 | Updated 17:18 IST
SBI said it has placed Heavy Metal and Tubes Ltd, Khare and Tarkunde Infrastructure Pvt Ltd and Elize International Ltd for sale to recover a total of Rs 235.32 crore
The State Bank of India (SBI) will sell three bad accounts to asset reconstruction companies or other financial institutions next month to recover dues of over Rs 235 crore, according to a sales notice.
Finance Minister hands over first batch of 640 houses funded under special window
May 13, 2021
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Over 12,600 flats will be completed in coming year under the scheme for stalled projects
Over 640 home buyers, under a Central-government funded affordable and middle income housing scheme, took delivery of their houses on Thursday.
Over the next one year over 12,600 flats will be handed over under the scheme, Special Window for Affordable & Mid-Income Housing Fund , a last mile funding facility sponsored by the Central Government. It has supported over 26 projects all over the country
On Thursday, Finance Minister Nirmala Sitharaman virtually handed over the keys to the 640 home buyers under the first project funded under the special window. The project Rivali Park in Mumbai got around funding of ₹120 crore and completed the project in one year.
RTI activist, family booked for Rs 15 cr fraud in Gurugram
By IANS |
Published on
Mon, May 10 2021 19:36 IST |
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RTI activist family booked for Rs 15 cr fraud in Gurugram. Image Source: IANS News
Gurugram, May 10 : An RTI activist and his family members were arrested for a Rs 15 crore property loan fraud in Gurugram.
Police said that the activist Harinder Dhingra, his two sons Prashant Dhingra and Tarun Dhingra were arrested while his wife Poonam Dhingra is absconding.
According to the police, a complaint was received on April 16 that the Dhingra family had taken a Rs 15 crore bank loan on their house located in the upscale DLF Phase-1 in Gurugram through their firm Elegance Fabrics Pvt. Ltd. and mortgaged the property to the OBC bank in 2003.