logo
Uttarakhand HC continues stay on toll collection at George Everest Park

Uttarakhand HC continues stay on toll collection at George Everest Park

Time of India3 days ago

Dehradun: The Uttarakhand high court on Friday continued the stay on toll collection at George Everest Adventure Park in Mussoorie while hearing a petition alleging lease violations and illegal toll collection on public roads inside the 142-acre park.
The bench of Chief Justice G Narendar and Justice Alok Mahra directed the petitioner to file an affidavit at the next hearing. The matter was heard on a public interest litigation filed by advocate Vinita Negi.
The petition mentioned that the Uttarakhand Tourism Development Corporation leased the 142-acre park to an Uttar Pradesh-based private company for ₹1 crore annually. The petitioner argued that this lease disadvantaged locals and tourism operators and raised objections over "unauthorised" toll collection on public roads, along with the leasing of helipads, huts, cafes, museums, and observatories inside the park.
The petitioner also pointed to the operation of helicopter services for tourists, raising environmental concerns given the park's proximity to a wildlife sanctuary.
While the petitioner alleged that toll was being collected even from locals, the opposing counsel claimed that the charges applied only to external vehicles and not tourists. The company maintained that the road where tolls are collected is private property.
The court asked the respondents to produce original lease documents and relevant records from the tourism development council authorising the lease for verification.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Wall Street trader ditches high-paying job, now teaches children for ₹86,000 an hour
Wall Street trader ditches high-paying job, now teaches children for ₹86,000 an hour

Hindustan Times

time17 minutes ago

  • Hindustan Times

Wall Street trader ditches high-paying job, now teaches children for ₹86,000 an hour

A former Wall Street trader has revealed that he chose to let go of his high-stakes job to take up tutoring from home, making over $1,000 or ₹ 86,650 per hour. Talking to CNBC Make It, Steven Menking revealed how he reinvented his career with one-on-one tutoring after feeling burnt out at his old job. He swapped his six-figure job for a more flexible and fulfilling career in education.(Instagram/menkingtutoring) Menking said that his New York-based job drained him, and he quit it in 2014 to find something new. He swapped his six-figure job for a more flexible and fulfilling career in education. Now, he works 20–25 hours a week tutoring students to help them overcome academic issuesand giving career advice. While he started by charging $50–$100 an hour for his guidance, he slowly increased the rates and modified his work life to be as flexible as he liked. 'I partnered with agencies in New York, then focused on channels where I could increase my rates over time,' he told CNBC Make It. 'It takes a radical commitment' However, he also revealed that his decision was difficult not just because of the financial setback he initially faced but also because he was scrutinised due to societal expectations. 'I had to let go of thinking: 'I'm a finance guy, so I should get another finance job. It takes a radical commitment to pursue something that fulfils you, regardless of what family, friends or former colleagues might think," he said. Now, over a decade into his new career, Menking has shared his valuable advice to those looking to reinvent themselves. "Stop chasing validation through job titles. Take a hard look at what truly energises you. Do your due diligence, understand your worth, and give yourself the freedom to explore. It takes courage to start from scratch. In addition to creating something entirely new for yourself, you have to reconsider what you thought your future life would look like. But to be able to pursue work that really fulfils you, I find that it's all worth it,' he said.

EV energy tech startup Kazam raises $6.2 million from IFC, Vertex Ventures, Avaana Capital Advisors
EV energy tech startup Kazam raises $6.2 million from IFC, Vertex Ventures, Avaana Capital Advisors

Time of India

time31 minutes ago

  • Time of India

EV energy tech startup Kazam raises $6.2 million from IFC, Vertex Ventures, Avaana Capital Advisors

EV energy-tech startup Kazam has secured $6.2 million in funding from the International Finance Corporation (IFC), along with existing investors Vertex Ventures SEA & India and Avaana Capital Advisors. The Bangalore-based company said that these funds will support Kazam's growth as it rolls out its energy transition tools to boost the shift towards sustainable mobility . This new round takes the total capital raised by the company to $19.2 million. Previous equity rounds, led by Avaana Capital Advisors, Vertex Ventures SEA & India, and Chakra Ventures, brought in $13 million. 'Kazam is building the digital infrastructure for EVs at scale, something that's critical as the world transitions to clean mobility,' said Akshay Shekhar, CEO and cofounder of Kazam. 'IFC's backing signals confidence in our platform's potential to decarbonise transport, especially across emerging markets.' The company has seen strong growth, with revenues jumping from $1.5 million in FY24 to $6 million in FY25, a fourfold increase. Kazam is aiming to double that to $12 million this fiscal and expects to reach earnings before interest, taxes, depreciation, and amortisation (Ebitda) profitability soon. 'EVs are key to accelerating India's economic growth and energy transition. However, limited charging infrastructure remains a challenge. Our investment in Kazam aligns with IFC's strategy to catalyse the growth of the electric mobility ecosystem,' said Wendy Werner, country head, India and Maldives, IFC. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Founded in 2020 by Akshay Shekhar and Vaibhav Tyagi, Kazam provides device-agnostic solutions to EV charging and battery swapping operators, vehicle OEMs, fleet operators, and electricity grid companies.

Garware Technical Fibres strengthens its European presence
Garware Technical Fibres strengthens its European presence

Business Standard

time34 minutes ago

  • Business Standard

Garware Technical Fibres strengthens its European presence

With acquisition of Norway-based Offshore & Trawl Supply ASGarware Technical Fibres announced that its wholly owned UK-based subsidiary, Garware Technical Fibres UK, has entered into a definitive Share Purchase Agreement (SPA) to acquire Offshore & Trawl Supply AS (OTS), a Norway-based provider of advanced synthetic cordage solutions for the offshore oil & gas, aquaculture, marine and commercial fishing industries. The acquisition marks a key milestone in GTFL's global growth journey and reinforces its commitment to delivering innovation-led, high-performance solutions to customers worldwide. Powered by Capital Market - Live News

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store