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SC Asks Jaypee To Deposit Rs 600 Cr; Buyers Demand NOn July 4, the SC pronounced some relief to the ailing company and offered a concession. Jaypee will now have to pay Rs 600 crore to refund homebuyers post which the apex court has assured that it would ask the National Company Law Tribunal at Allahabad to expedite the case and decide on revival or restructuring.
Govt Likely To Notify National Clean Air Programme BIn wake of the deteriorating air quality across the Indian cities and no concrete steps being taken to curb the rising pollution levels, the government’s after finalising the draft of the National Clean Air Programme (NCAP) in April, now plans to notify it by end of July.
Green City Will Keep You Healthy And Employed, SaysThe University of Leeds in Britain has come out with a research concluding that spending money on improved public transport could create up to 23 million extra jobs while promoting green infrastructure will boost productivity and health. The team of researchers has arrived at this conclusion after analyzing more than 700 papers on the impact of low-carbon infrastructure on cities around the world.
Indian Cities That Are Free From Air PollutionA recent report published by Greenpeace India listed 280 Indian cities ranked according to their particulate matter (PM10) levels. Among many cities in north India which have dangerously high PM10 levels, the national capital was at the top spot. Hassan in Karnataka has consistently appeared among the least polluted cities in India with a PM10 level of 26 microgram per cubic metre (µg/m3). Few cities in Kerala, Telangana, Tamil Nadu, Odisha, West Bengal, Meghalaya and Chhattisgarh managed to scrape through with PM10 levels lower than the annual permissible concentration of 60 µg/m3 set under the National Ambient Air Quality Standards (NAAQS).
5 Global Concepts That Indian Real Estate Can AdoptBy following global practices, India can effectively deal with its space crunch and energy-related issues.