KCL standalone net profit declines 24.57% in the June 2025 quarter
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Time of India
23 minutes ago
- Time of India
Omaxe posts net loss of ₹186 crore in Q1 FY26
NEW DELHI: Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 185.77 crore in the first quarter of this financial year on lower income. Its net loss stood at Rs 146.98 crore in the year-ago period. Total income also declined to Rs 298.03 crore in the April-June period of 2025-26 fiscal against Rs 385.23 crore in the corresponding period of the preceding year, according to a regulatory filing last week. Omaxe, which is one of the leading real estate firms in the country, has a presence in 30 cities across eight states of North and Central India. It has delivered more than 135 million sq ft of area since its inception. Last month, Omaxe Ltd bought 450-acre land in Indore , Madhya Pradesh, to develop a township at an investment of Rs 1,200 crore. Recently, the company raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth.
Time of India
an hour ago
- Time of India
AMC spent 9.65cr on rehiring retd staff
Ahmedabad: Instead of filling vacant positions with new hirees, the Ahmedabad Municipal Corporation (AMC) has appointed 810 retired employees and officials on contract for the last 10 years, thus preventing qualified candidates from getting employment. Advocate Atik Saiyed, a resident of Jamalpur, who made an RTI application said this, adding that these individuals were paid a total of Rs. 9.65 crore in salaries over the period. Saiyed said AMC rehired personnel from peons to deputy municipal commissioners, on contract. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Gold Rates Today in Ahmedabad | Silver Rates Today in Ahmedabad He said, "The AMC is not interested in providing employment to the youth by hiring them on vacant Class 1 to Class 4 positions. Instead, retired officials and employees are being rehired on a contract basis." He provided a year-wise breakdown of the rehired individuals. In 2015-16, 19 officials were rehired, 44 in 2016-17, 66 in 2017-18, 146 in 2018-19, 83 in 2019-20: 152 in 2020-21, 115 in 2021-22, 30 in 2022-23, 58 in 2023-24, 84 in 2024-25 and 13 in 2025-26, he said. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
an hour ago
- Time of India
Treated but not ready: Bengaluru's treated wastewater still unfit even for toilet flushing
Bengaluru: The 34 state-owned sewage treatment plants in the tech capital produce 1,350 million litres of treated wastewater every day, but it is still unfit for even flushing toilets, washing clothes, or watering gardens. Why? A question to this effect by Shivajinagar MLA Rizwan Arshad prompted an unusual admission from the Bangalore Water Supply and Sewerage Board (BWSSB): The city's sewage undergoes only primary treatment (removing large solids) and secondary treatment (removing biological matter using microbes). To make it aesthetically clear, odourless, and safe for urban non-potable uses, it must go through tertiary treatment — a costly, advanced purification stage. The price tag? Around Rs 2 crore per MLD. That's a whopping Rs 2,700 crore to upgrade the entire 1,350 MLD output to make it fit enough for urban non-potable uses like toilet flushing, street cleaning, or washing. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru | Gold Rates Today in Bengaluru | Silver Rates Today in Bengaluru With the state prioritising welfare schemes and BWSSB struggling to mobilise revenue, the upgrade is not on the horizon. For now, treated water is simply being released into lakes in neighbouring Kolar, Chikkaballapur, and Bengaluru Rural districts under the Koramangala-Challaghatta Valley Project. "It is high time we started reusing treated water for non-potable purposes. Considering Bengaluru's topography and its growing water needs, we must leverage technological advancements to improve our water management. Conservation and sustainability should be our focus. During my visits to STPs, I saw that while we made considerable progress, we are still lagging behind in keeping pace with rapid technological changes. When we interact with global experts, it becomes clear that we have much more to do in the way we manage our water," Rizwan Arshad told TOI. Currently, there are around 2,600 treatment plants in apartments, townships and commercial complexes across the city. Some of these treatment plants are sophisticated enough to produce near-potable water but are bogged down by problems such as lack of dual plumbing facilities and conservative user-mindset. These apartments are selling excess treated water for construction sites and industries. In fact, a study done by WELL (Water Environment Land Livelihoods) Labs on wastewater reuse in the Hebbal-Nagawara watershed in northern Bengaluru estimated that only 7% of water was used for toilet flushing in apartments. But for the BWSSB treatment plants to upgrade, deputy chief minister DK Shivakumar told the legislature: "This can be considered if there is a strong demand from industries and depending on BWSSB's financial condition." If waste water is subjected to another round of treatment it would reduce biological oxygen demand (BOD) in water from 10mg/l to 5 mg/l, chemical oxygen demand (COD) from 50mg/l to 30 mg/l, nitrogen from 10g/l to 5 mg/l and fecal coliform from 100 MPN/100 ml to 0. "This water can be used for gardening, in industrial cooling towers, toilet flushing and other uses," Shivakumar said. INSET ...but you can drink reused water in Singapore What amazes Bengalureans visiting Singapore is the way the island nation became a global model for water reuse. Singapore reuses water through NEWater, a highly advanced reclaimed water system that turns sewage into safe high-quality drinking water. While Bengaluru has not gone beyond primary and secondary stage of treatment, Singapore has gone past tertiary treatment and deployed advanced purification processes (microfiltration, reverse osmosis and UV disinfection). Singapore used to buy drinking water from Malaysia. But by deploying advanced techniques and by investing heavily in public education campaigns aimed to build trust in its processes, Singapore has ensured that 40 % of its water demand is met by NEWater. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
