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Monday, November 4, 2024
TopicNBCC

Topic: NBCC

Public sector shining star NBCC finds financial irregularities in its own subsidiary

Moushumi Das Gupta -
NBCC auditors flag financial irregularities to the tune of over Rs 10 cr in its recently acquired firm, Hospital Services Consultancy Corporation.

Amrapali Group directors arrested for failing to follow Supreme Court orders

Ritika Jain -
Three directors of Amrapali — promoter Anil Sharma, Shiv Priya and Ajay Kumar — will remain in custody till documents are handed over for an audit.

SC appoints officer to sell off Amrapali’s properties and recover money

Ritika Jain -
Money raised will be made available to the state-owned National Buildings Construction Corporation to complete Amrapali’s unfinished projects.

SC favours auction of 16 projects of Amrapali by NBCC, grills CMD Anil Sharma

PTI -
The apex court also ordered a forensic audit of the firm and its promoters to gauge the extent of financial wrongdoing.

Supreme Court to order forensic audit of all 40 Amrapali Group firms

Ritika Jain -
Apex court asks Bank of Baroda to furnish a list of auditors to investigate where the homebuyers’ money has been diverted.

Delhi succeeds in saving its trees, for now, and Jaitley compares Indira Gandhi to Hitler

Nandita Singh -
Front Page HC stays plan to cut thousands of Delhi trees till 4 July. NBCC (India) Ltd, which has plans of redeveloping seven south Delhi colonies where...
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On Camera

YourTurn

Opinion

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

Meenakashi Lekhi -
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Rank turners take away the fairness of Test cricket, make ordinary spinners extraordinary

Royal Enfield bikes are the new rage in Bangladesh. What happens to ‘boycott India’ now

Economy

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

ThePrint Team -
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Defence

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Keshav Padmanabhan -
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

National Interest

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

Shekhar Gupta -
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.

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