
Road project: HC nixes Margao man's plea against acquisition of his land
The high court has dismissed a petition filed by a Margao resident challenging the acquisition of his land at Sirvodem, Margao, for the rehabilitation of hutments to fix the missing link of the ring road in Margao.
The HC said that the acquisition proceedings were completed by state govt and that the man objected to the acquisition of his land at the final stage of the proceedings.
The division bench, comprising justices Bharati Dangre and Nivedita Mehta, said that the acquisition of the land for the public purpose of fixing the missing link of the ring road is a matter of policy and not of law.
It said state govt is the authority that must carry out the plan for which the land was acquired and govt is in the best position to judge which land can be exempted from acquisition.
The court held that it cannot exercise the power of writ under Articles 226 and 227 of the Constitution.
The petitioner stated that he couldn't file objections under the Land Acquisition Act as he was out of India during the relevant time. In the meantime, the land acquisition officer conducted an inquiry and inspection and found that hutments were coming up on the proposed ring road site.
Hence, the acquisition was proposed for rehabilitating the hutments that had existed for many years.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Gold Is Surging in 2025 — Smart Traders Are Already In
IC Markets
Learn More
Undo
The petitioner stated that if his residential house was acquired, it would deprive him of his permanent place of residence in Goa. He stated that hutment dwellers could easily be accommodated on lands belonging to govt of Goa, such as in Margao (Sonsoddo), Davorlim, and Verna near the industrial estate, many of which are barren and uninhabited.
He also told the court that there is a plot at Loutolim measuring 5,000sqm, which was acquired by the Goa Industrial Development Corporation and allotted to govt of Goa, for the implementation of a housing scheme.
This plot can be utilised for the rehabilitation of slum dwellers who illegally reside on the land reserved for dealing with the missing link of the road, he said. He requested that his property be dropped from the proposed acquisition proceedings.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
13 minutes ago
- Time of India
Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs
Adani Power Ltd (APL) reported a 15.53% decline in consolidated net profit for the April-June quarter, with earnings falling to Rs 3,305 crore amid pressure from subdued merchant tariffs and elevated operating costs linked to recent acquisitions. The country's largest private thermal power producer had posted a net profit of Rs 3,913 crore in the same period last year. Despite the year-on-year drop, net profit rose 27.1% sequentially, aided by one-time income and continued EBITDA momentum, PTI reported. Revenue from operations declined to Rs 14,167 crore in Q1 FY26, compared to Rs 15,052 crore in the year-ago quarter, mainly due to lower realisation from merchant sales and falling import coal prices. EBITDA for the quarter stood at Rs 5,744 crore, down from Rs 6,290 crore a year earlier. The company said while a moderation in fuel costs provided some relief, operating expenses increased following the acquisition of multiple assets. APL's installed capacity rose to 17,550 MW during the quarter, from 15,250 MW earlier, after acquiring the 1,200 MW Moxie Power Generation Ltd, 600 MW Korba Power Ltd, and 500 MW Adani Dahanu Thermal Power Station. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Flexible in AI & Data Science BITS Pilani Digital Apply Now With the completion of the 600 MW Vidarbha Industries Power Ltd deal in July, total capacity reached 18,150 MW. The company achieved a plant load factor (PLF) of 67% in Q1. Total power sales rose 1.6% year-on-year, driven by the increase in operational capacity and higher offtake from select plants. Merchant sales for the quarter were up 7.7% at 5.7 billion units, compared to 5.3 BU in Q1 FY25. The Godda plant in Jharkhand, which supplies power to Bangladesh, has started receiving regular payments from the Bangladesh Power Development Board, with inflows of $437 million in June and another $75 million in July 2025. 'Stable financial performance this quarter is a testament to its resilience and core strengths, even in the face of variability in power demand and unpredictable weather,' said S B Khyalia, CEO of Adani Power. 'We continue to bolster our capacity through swift project execution and strategic acquisitions, ensuring we are well-prepared for future growth on our path to 30 Giga Watts (GW) by 2030.' Total debt stood at Rs 44,372 crore as of June 30, 2025, compared to Rs 38,335 crore at the end of March. Net debt rose to Rs 37,437 crore from Rs 31,023 crore in the same period. The company said the increase was due to bridge loans for capex and higher working capital needs in line with expanding operations. Adani Power currently operates 18,110 MW of thermal capacity across 12 locations in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, in addition to a 40 MW solar power plant in Gujarat. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025


Time of India
19 minutes ago
- Time of India
China accuses US of 'using' Microsoft 'bug' to spy on Chinese Military
Microsoft is again caught in China vs US cyber battle. This time China has accused America of using Microsoft bug to spy on the Chinese Military. According to a report in Bloomberg, China has accused the US of exploiting a flaw in Microsoft Corp's email servers to steal military data and launch cyberattacks on its defense sector. The accusations come from the Cyber Security Association of China. The association is backed by the powerful Cyberspace Administration of China. In a statement, the Cyber Security Association of China said that US actors had been linked to two major cyberattacks on Chinese military companies without naming them. They exploited flaws in Microsoft Exchange to control the servers of a key company in the defense sector for nearly a year, it added. Microsoft has repeatedly blamed China for major cyberattacks involving Microsoft Exchange. In 2021, an alleged Chinese operation compromised tens of thousands of Microsoft Exchange servers. In 2023, another alleged Chinese attack on Microsoft Exchange compromised senior US government officials' email accounts. Microsoft accuses Chinese hackers of exploiting SharePoint software by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like We Have No Words For Dog The Bounty Hunter's Transformation. Cash Roadster More recently, Microsoft said Chinese state-backed hacking groups had exploited vulnerabilities in its SharePoint file sharing software. Microsoft SharePoint is widely regarded as one of the biggest security breaches ever that impacted organisations world wide, including several US government departments. Chinese "threat actors" have hacked some Microsoft SharePoint servers and targeted the data of the businesses using them, the company said. According to reports, hackers breached about 400 government agencies, corporations and other groups around the world. According to cybersecurity researchers, most of the victims are in the US, followed by Mauritius, Jordan, South Africa and the Netherlands. Microsoft released security updates in response and advised all on-premises SharePoint server customers to install them. In response to Microsoft's claims, China's US embassy spokesman said in a statement, "China firmly opposes and combats all forms of cyber attacks and cyber crime." AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Time of India
24 minutes ago
- Time of India
Small brands teach new tricks to FMCG giants
India's fast-moving consumer goods ( FMCG ) sector, long dominated by legacy giants like Hindustan Unilever ( HUL ), Nestlé India, ITC and Tata Consumer Products , is undergoing a slow but definite seismic shift. The narrative that big players hold the upper hand in the market is slowly losing its grip, thanks to the recent rise of smaller, regional brands. These disruptors are not only reshaping the competitive landscape by capitalising on a combination of innovation, nimbleness and a deeper understanding of local preferences, they are also teaching a lesson to the big companies which are leanring to do better and different. "Startups and regional brands are good for the business. They do two things. One, they extend the variety for the consumer, and secondly, they give us additional inspiration for improving, making ourselves faster and smarter," Nestle India's outgoing managing director Suresh Narayanan told PTI in an interview earlier this week. According to Narayanan, today every brand has to be relevant to Gen Z and Gen Alpha consumers, who do not give much importance to the historical relevance of brands. "It goes by what is in it for me, so Maggi noodles have to be relevant to the Gen Z consumer and not simply relevant because my father consumes it. So I think both of these are truths that we have realised as a company and are constantly working on to improve and control the price of our brands so that we do not become irrelevant in the context of the consumption story," he said. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Data Science others Data Analytics CXO MBA Operations Management MCA Cybersecurity Artificial Intelligence healthcare Leadership Management Design Thinking Data Science Project Management Technology Digital Marketing Finance Public Policy PGDM Degree Product Management Others Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details As these smaller players continue to eat into the market share of traditional FMCG giants, it's clear that the future of India's FMCG market will be defined by adaptability and agility. "The game is definitely changing; it's changing across the world," Narayanan told ET in a recent interview. "In some parts of the world, big brands are no longer the marquees of quality and consumption. It's the local brands, the house brands." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like When the Camera Clicked at the Worst Possible Time Read More Undo The rise of small FMCG brands Hundreds of regional and direct-to-consumer brands, ranging from noodles and tea to cosmetics and snacks, disrupting and taking share from large players. 1to3 noodles, Rungta tea, Balaji Wafers and Mario biscuits are among local brands disrupting the large brands. Live Events One of the primary reasons for the rise of small and regional FMCG brands is the changing nature of consumer preferences. In a country as vast and diverse as India, national brands, though well-established, often find it challenging to cater to the unique needs of different regions. Smaller brands, on the other hand, have the advantage of being highly localised. Their focus on specific geographical areas, local tastes and regional customs allows them to craft products that resonate deeply with consumers in those regions. "These small guys are not saying 'I want to sell one million tonnes'; they're saying 'I want to sell in six localities, in three pin codes'," Narayanan told ET. Legacy companies "really have to learn to think of smaller scale, more nimble, profitable operations, because the large-scale opportunities such as creating another Maggi noodles are going to be very difficult." They need to do multiple small things and fast, he said. Hyper-localisation allows smaller brands to quickly adapt to changing consumer needs and preferences, making them nimbler than the larger players who are often bogged down by their massive scale. Small brands are also rising because they are able to undercut large FMCG companies on price while maintaining quality. These brands often have lower overhead costs due to their smaller operations and local supply chains, which allow them to offer products at more competitive prices. Moreover, by focusing on specific market segments, they can tweak their offerings and pricing strategies in real-time based on local demand patterns. Regional brands are also pioneering innovations that cater specifically to local tastes and dietary habits. For instance, in the snacks and beverages category, many have found immense success by tapping into regional preferences and offering products that are perceived as more authentic and closer to the local palate than the standardized products of large FMCG companies. Furthermore, the rise of quick commerce -- platforms that offer rapid, last-mile delivery of goods -- has provided smaller brands with the ability to reach customers in remote and underserved areas, further challenging the established FMCG players who may struggle to match the speed and efficiency of these newer players. The penetration of e-commerce platforms like BigBasket, Blinkit and Amazon has allowed regional brands to establish a direct-to-consumer (D2C) model that bypasses the traditional distribution channels where big compoanies dominate, enabling them to deliver products quickly and affordably. Investors begin to chase small brands As the rise of small brands becomes noticable, even as big companies struggle with low demand, they have cuaght the eye of investors too. About a dozen small, regional consumer brands are either in the process of raising private equity funding or are being pursued by investors keen to acquire minority stakes, executives told ET a few weeks ago. These include Ahmedabad-based frozen food maker Iscon Balaji, skincare brand Dermabay, condiment and noodle brand Moi Soi, Raipur-based Zoff Spices, and soft drink maker Bindu Jeera, as per the ET report. The intense activity in small and mid-sized companies comes at a time when their larger rivals are trailing in finalising acquisitions and broader growth plans as they battle with sluggish demand in India's major cities. Several mid-sized funding deals were finalised in recent weeks including snacking brand Khari Foods, desserts chain FES Café, and moss-based supplement maker CosMoss. Chandigarh-based Lahori Zeera and dairy and daily essential brand Country Delight too have raised more than Rs 200 crore each in funding. Executives attribute the surge in investor interest to a combination of factors. 'We thought premium was about affluent metros but it's very much visible in smaller towns. Also, quick commerce and e-commerce have reduced the advantage of legacy brands on distribution and availability,' Kannan Sitaram, co-founder and partner at Fireside Ventures, an early-stage fund, which has invested in Jaipur-based dairy firm Frubon, teen-care beauty brand Sammmm, and Chennai-based Sweet Karam Coffee, among others, told ET. 'It is this opportunity that investors including us are looking at — to build brands based on regional foundations.' Industry trackers said while the bigger consumer transactions have become rare with large companies grappling with slowing sales, especially in cities, it is the smaller ticket deals that have surged. Big brands are learning from small brands Small and rehgional brands have sure disrupted big brands but they are adapting to this disruption. Big FMCG companies are recognising the rising tide of regional brands, and many are seeking to collaborate rather than compete. Nestlé India, for example, has set up an accelerator program to work closely with startups and regional brands. Narayanan's comments reflect a broader industry shift towards collaboration and learning. By partnering with these smaller players, large companies not only gain valuable insights into local market dynamics but also identify opportunities for innovation. This approach aligns with the growing trend of corporates leveraging startups for faster innovation cycles and new product development. In industries where the life cycle of new products is shrinking, large FMCG companies are increasingly turning to nimble startups to bring fresh ideas and technologies into their portfolio. Whether it's through partnerships, acquisitions or joint ventures, big brands are acknowledging that smaller, regional players are an essential part of their future strategy. Narayanan said regional competition is good for the industry. "It keeps companies from getting complacent," he told ET. "Yes, they're playing the pricing game but what we can bring to the table is much wider." He said "companies have to increasingly work on keeping their brands relevant," and stressed the need for accelerating premiumisation. While keeping affordability intact, there are "enough opportunities for premiumisation in chocolates, milk and nutrition, coffee, pet foods," he said. To stay relevant in an increasingly more fragmented, dynamic and competitive environment, FMCG giants must embrace new technologies, adopt faster go-to-market strategies, and ensure that their products remain aligned with changing consumer tastes. This also means developing a more robust digital presence, leveraging e-commerce platforms, and engaging with consumers directly through D2C channels. Moreover, companies need to embrace regional diversity in their offerings. Customizing products to fit local preferences, collaborating with local innovators, and building brand loyalty through hyper-local marketing strategies are now essential to maintaining market share.