Indian Hotels, known for Taj Hotels, ranks as India's third most valuable real estate co with value at Rs 1.1 lakh cr: Hurun
Indian Hotels Company, under Puneet Chhatwal's leadership, has ascended to become the third most valuable real estate company in India, according to the 2025 GROHE-HURUN India Real Estate 150 List. The company experienced a significant 36.8% rise in valuation, reaching INR 1,08,300 Cr. This growth is attributed to IHCL's expanding hotel portfolio, particularly in Tier 2 and Tier 3 cities.
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Time of India
3 hours ago
- Time of India
Delhi to Jaipur in less than 4 hours; thanks to newly inaugurated Bandikui–Jaipur Expressway
Before the opening of the new Bandikui–Jaipur Expressway, reaching Jaipur from Delhi used to take over four to five hours. But thanks to the newly inaugurated expressway, the travel time between the two cities has been cut down to three hours only! And it's officially open now, marking a dramatic improvement for two of the most visited cities in India. Let's find out more about the new expressway: The expressway was inaugurated on July 15 and is going to be a gamechanger. This 66.9 km greenfield road connects Jaipur's Ring Road to the Delhi–Mumbai Expressway. It's a smoother option than NH-48. A game-changer for travellers It's a fact that the Delhi–Jaipur highway has always been a congested road mainly because of heavy truck movements and unplanned delays. But thanks to the new expressway, it is no longer going to be the same. The speed limit here is 120 km/h and smooth, it will allow access-controlled lanes. The road is also travellers approved. During the first 10-day experiment (a toll-free trial), travellers shared some happy reviews calling it a convenient alternative. The expressway is constructed at a cost of over INR 1,300 crore. It has five interchanges, which allows easy exits at many prime junctions including Khuri, Bhedoli, and Sundarpura. It also avoids traffic-prone towns and bypasses the older NH-21 and NH-48 stretch. It's not just a shortcut but a part of a larger vision. In future, the road will connect Delhi and Mumbai via a grand 1,386 km corridor. It will boost regional connectivity with cities including Jaipur, Udaipur, and Vadodara. As per the National Highways Authority of India (NHAI), the stretch will decongest traffic within Rajasthan and allow quicker access to smaller districts around Dausa and Bandikui. It's designed to be future-ready, with intelligent traffic systems, emergency lay-bys, and FASTag-integrated toll booths. Time saver The expressway is a time saver as it will cut down the distance between the two cities by over two hours which is extremely impressive! However, that's not the only benefit. The prime benefits of the expressway includes improved fuel efficiency, lower vehicle wear-and-tear, and cleaner air and just to mention a few. A perfect gift for weekenders and travellers Let's just say that this is a perfect gift for weekenders and explorers in general. For weekend travellers, it means iconic Jaipur spots like Hawa Mahal, City Palace, and Amer Fort are now just a few hours away! Leave in the morning, have a heartfelt lunch in Jaipur and come back in the evening! Sounds awesome, right? As of now, the travellers are enjoying this new road which is Bandikui–Jaipur Expressway. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
9 hours ago
- Time of India
Debt-ridden Himachal turns to lottery to make a quick buck
Kullu: Cash-strapped Himachal Pradesh is trying its luck with lottery to turn its fortunes. The cabinet has allowed lottery operations that were shut down in 1999. Burdened by a Rs 1 lakh-crore debt, it hopes to make a modest Rs 50 to Rs 100 crore annually from sale of lottery tickets. The decision to reintroduce lottery in the mountain state after over a quarter century was taken in a cabinet meeting on July 31. The recommendation came from a cabinet sub-committee set up to give suggestions to boost state revenue. It seems to be inspired by other states that run lotteries. Neighbouring Punjab earned Rs 235 crore through sale of lottery tickets during the 2024-25 fiscal, while the tiny state of Sikkim made Rs 30 crore during the same period. Kerala tops the list — the southern state earned a jaw-dropping Rs 13,582 crore last financial year. Himachal, which is finding it difficult to meet the expenses of rebuilding the damage caused by this year's landslides and flash floods, hopes to mop up some much-needed funds this way. "Many states earn through lotteries. You will be surprised to know how much Kerala earns. Himachal Pradesh govt has decided to restart the lottery system in the state after a recommendation was made by a Cabinet sub-committee," said industries minister Harshwardhan Chauhan. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like NRIs Living In Greece Are Eligible For INR 2 Lakh Monthly Pension. Invest 18K/Month Get Offer Undo "We will follow the tender process to run the lotteries in Himachal Pradesh just as other states do," added Chauhan. The decision to reintroduce lotteries in Himachal has come at a time when the state's debt stands at a back-breaking Rs 1,04,729 crore, and the per capita debt has reached Rs 1.17 lakh per head, the second highest after Arunachal Pradesh. To make the financial situation even worse, the revenue deficit grant (RDF), financial assistance from the Centre, has come down from Rs 6,258 crore in 2024 to Rs 3,257 crore in 2025, and the GST compensation has been stopped by the Union govt. Govt is expected to introduce the bill on lotteries in the monsoon session of assembly, beginning Aug 18. Himachal Pradesh had banned lotteries, both state-run and from outside the state, in 1999 under Sections 7, 8 & 9 of the Lotteries (Regulation) Act, 1998, during the tenure of chief minister Prem Kumar Dhumal. The lottery decision has not gone down well with opposition BJP. Former CM and Leader of Opposition Jai Ram Thakur criticised the move, saying: "Lotteries were prohibited because they ruined families, homes were auctioned, and people were driven to suicide." Lotteries are legal in 13 states — Punjab, Kerala, Madhya Pradesh, Maharashtra, Goa, West Bengal, Mizoram, Nagaland, Sikkim, Manipur, Arunachal Pradesh, Meghalaya, and Assam. MSID:: 123044952 413 |
Business Standard
11 hours ago
- Business Standard
"There is something for everyone and there is always a space to make your mark" Ms. Sameena Chatrapathy at the LEX AVIVA - Student Induction Programme 2025
HT Syndication Kattankulathur (Tamil Nadu) [India], August 1: The SRM School of Law, under the SRM Institute of Science and Technology (SRMIST), Kattankulathur, hosted its annual LEX AVIVA - Student Induction Programme 2025, marking the formal welcome of the students into various law programs including B.A. LL.B. (Hons.), B.B.A. LL.B., LL.B., LL.B. (Hons.), and curated LL.M. programs. The event was held at Faraday Hall and commenced with the traditional lamp lighting ceremony followed by the rendition of Thamizh Thai Vazhthu, symbolizing a respectful start to the academic year. Dr. P. Sree Sudha, Dean, School of Law, extended a warm welcome to the gathering and addressed the incoming batch with words of encouragement and insight. Highlighting the global rise of India's economy, she remarked, "India being a democratic country, today, emerged as the fifth powerful economy surpassing Japan. It's one of the significant milestones in the journey of India. Furthermore, considering the graduates of law, there are ample opportunities in the way of litigation in competition law and other fields." She also emphasized the relevance of legal education by drawing from a landmark international tax case, linking it to her own specialization in Tax Law. Dr. A. Vinay Kumar, Pro Vice Chancellor (SBL), in his inaugural address, focused on the evolving nature of legal careers, stating: "Skilling is the most important thing that we are looking at the School of Law, and we are trying to make sure that our graduates get into diverse fields of law; not just criminal and litigation. At the School of Law, we make you reach a position to create your own opportunity and build your area of interest." The Presidential Address was delivered by Prof. C. Muthamizhchelvan, Vice Chancellor, SRMIST, who underscored three foundational pillars of professionalism: "First is Intellectual Rigour that gets into the up-to-date facts, judgments and technologies that drive the society. Second comes Ethical Integrity, to do things right in a way yet that relates with technical integration. Third comes Commitment to Fact and being fair to the case considering the petitioner and defendant." The keynote address was delivered by Ms. Sameena Chatrapathy, Senior Partner at Chugh Universal Legal, Chennai, who shared her personal journey and offered valuable guidance to the freshers, stating "There is something for everyone and there is always a space to make your mark. When we entered, there was just litigation. Anybody who was born out of law school went to do litigation. Seize the opportunities that work for you and make the most of it. Just believe in yourself. There's never a right or wrong, it's how much of what you make of the decision you make that measures how right the decision really was. Always hold strong values. As I said, values and ethics. Be open and honest. Never be driven by someone else's success, but by your own experience," The event also witnessed the unveiling of the Academic Annual Report 2024-25, curated by Dr. R. Keerthana (Editor-in-Chief) and Dr. G. Aarthi (Associate Editor), with contributions from student coordinators. The report reflected the school's academic, research, and student activity highlights over the past year. ABOUT SRM SCHOOL OF LAW Established in 2014, SRM School of Law is a premier legal education institution under SRM Institute of Science and Technology (SRMIST). Inaugurated by the Honorable Chief Judge of the Supreme Court of Maryland, Mary Ellen Barbera, along with a judicial delegation led by the First Lady of Maryland, Katie O'Malley, the School has maintained a strong global orientation from its inception. With academic tie-ups with renowned international universities and institutions, the School fosters a dynamic environment for research, knowledge exchange, and legal scholarship. SRM School of Law is known for its emphasis on holistic legal education, integrating industry-academia collaboration, a strong mooting culture with two national-level moot court competitions each year, and a multidisciplinary approach made possible by SRMIST's diverse academic ecosystem. Students benefit from a unique blend of classroom learning, hands-on exposure to various fields, and opportunities to engage with esteemed judges, legal professionals, civil servants, and public intellectuals. The vibrant and inclusive campus life, supported by world-class infrastructure, environmentally sustainable surroundings, and comprehensive residential facilities, ensures an enriching academic and personal development experience. With active NCC and NSS units, sports and cultural scholarships, and a focus on character building, SRM School of Law shapes tomorrow's legal minds into confident, competent, and committed professionals. More details are available at ABOUT SRMIST: SRM Institute of Science and Technology (SRMIST-KTR) is a multi-disciplinary university recognised with an A++ accreditation by NAAC and classified as a Category I university with 12B status by UGC/MoE. In the 2024 NIRF rankings, SRMIST secured the 12th position nationally and holds a global '4 Star' rating from QS, along with the India-centric QS IGAUGE Diamond rating. Driven by a commitment to academic excellence, research innovation, and global outlook, SRMIST-KTR has emerged as one of India's most vibrant knowledge ecosystems. With over 500 active labs, ₹270+ crore in external funding, 600+ funded projects, and more than 53,000 research publications, SRMIST is a research-intensive institution. SRMIST operates six campuses located at Kattankulathur (Chengalpattu district, Tamil Nadu), Ramapuram and Ramapuram Part (Vadapalani) in Chennai, Tiruchirapalli (in Tamil Nadu), Modi Nagar in NCR New Delhi, Sonepat (in Haryana), Amaravati (in AP), and Gangtok (in Sikkim). More details are available at For more information, please write to: Devadeep Konwar, Director - Communications
