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Hindustan Times
6 hours ago
- Business
- Hindustan Times
PMRDA begins land acquisition for 150 new roads, reserved plots to enhance infrastructure
In a step to strengthen infrastructure and ease traffic congestion across the Pune Metropolitan Region (PMR), the Pune Metropolitan Region Development Authority (PMRDA) has initiated the process from May 28 to acquire land for 150 proposed roads and around 85 hectares of reserved plots. Yogesh Mhase, PMRDA commissioner said, 'With the rapid expansion of urban areas and increasing demand for better transport networks, it is essential to secure land for future infrastructure proactively. This step will help us reduce project delays and support sustainable growth across the Pune metropolitan region.' The initiative covers several key talukas, including Maval, Haveli, Mulshi, and Shirur, and aims to facilitate planned urban growth across PMR's 6246.26 sq km jurisdiction. The authority has floated a tender to appoint a consultant who will handle the end-to-end land acquisition process, including both road corridors and various urban infrastructure reservations. According to the Request for Proposal (RFP) issued by PMRDA, the selected consultant will be responsible for completing all land acquisition formalities up to possession, using methods such as compulsory acquisition, direct purchase, and statutory processes under the Land Acquisition, Rehabilitation and Resettlement Act, 2013. The scope of work for the consultant includes conducting revenue and cadastral surveys, preparing acquisition proposals, estimating compensation for affected assets such as structures, trees, and wells, and assisting PMRDA during joint measurement surveys. The consultant will also liaise with revenue officials and local authorities to ensure a smooth acquisition process. The total consultancy period is set for 30 months, with work expected to commence within 15 days of the final appointment. Interested firms must submit their bids online by June 6, 2025.
Time of India
a day ago
- Business
- Time of India
Survey to check impact of land acquisition for airport Ph 3 & 4
Noida: A door-to-door survey from Monday will study the impact on landholdings, livelihoods, homes, public utilities and community resources in 14 villages from where land will be acquired for the expansion of Noida International Airport in phases 3 and 4. Two runways and a global aerospace manufacturing hub are proposed on 2,053 hectares—of which 1,857 hectares are privately owned and will be acquired from 14 villages—in two of the four-phase development of the airport. A runway, a terminal building and an air traffic control tower are coming up on 1,334 hectares acquired in phase 1, while MRO and aviation hubs are proposed on the 1,365 hectares acquired in phase 2. A social impact assessment (SIA) undertaken by Gautam Buddha University and approved by the state govt in Jan had found around 8,400 families across 14 villages—Thora, Neemka Shahjahanpur, Khwajpur, Ramner, Kishorepur, Banwaribas, Parohi, Muqimpur Shivara, Jewar Bangar, Sabauta Mustafabad, Ahmedpur Chaurauli, Dayanatpur, Bankapur, and Rohi—in Jewar tehsil would be displaced in the last two phases. The latest survey, to be undertaken by 49 teams, comprising officials from district administration and Yamuna Expressway Industrial Development Authority, will draw up census and statistical data of families affected by the land acquisition. DM Manish Verma said the survey will be carried out under Section 16 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, and completed by June 15. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 나이들어 노안+백내장 절대 방치 하지 마세요! 부산백내장노안 전문안과 더 알아보기 Undo SDM Jewar Abhay Singh told TOI that based on the survey, a draft rehabilitation and resettlement scheme will be drawn up. "This will outline entitlements for both landowners and landless families. It will also list the resettlement provisions in terms of infrastructure and amenities. A draft will then be published and a public hearing held to gather objections or suggestions," he added. The draft, along with a report on the objections, will be submitted to the district collector, and subsequently to the commissioner, for approval. "Once approved, a final scheme will be published and a formal declaration of the resettlement area announced. If not already done, a detailed land survey will be initiated to mark and measure the required land and prepare its layout. The award for land acquisition will be made within 12 months of the declaration. The collector will determine the market value of the land and calculate the compensation. A solatium, which is an additional 100% of the compensation, will be added as mandated. The final land acquisition will then proceed through an agreement between the landowners and the state," Singh said. In March, UP announced that landlosers will be entitled to Rs 4,300 per square metre in compensation, which is 40% higher than the Rs 3,100 per sqm offered in the second phase. In phase 1, UP offered Rs 2,100 per sqm in compensation. A notification issued by the civil aviation department recently stated that under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, displaced families will be rehabilitated to areas equipped with basic amenities like roads, water, electricity, sewerage, parks, community halls, schools, hospitals, as well as religious places, like temples and mosques, as per their social and cultural background.
Daily Mail
2 days ago
- Health
- Daily Mail
EXCLUSIVE An NFL legend sexually tormented me for years. He did it on the field, in the tunnel and even on TV... but I won't be silenced
Back in 2013, Jenn Sterger went in search of another opinion. Yet another opinion. 'I was constantly in and out of doctors' offices with these rare, chronic illnesses,' the former NFL reporter tells the Daily Mail. No one could quite diagnose the problem.
Time of India
3 days ago
- Business
- Time of India
NCLAT stays order against Vedanta's power business demerger
New Delhi: Appellate tribunal NCLAT has granted an interim stay on an order of the National Company Law Tribunal ( NCLT ) rejecting demerger of Vedanta 's power business and its merger with resultant entity Talwandi Sabo Power Ltd (TSPL). The order came as a relief to Vedanta Ltd which is in the process of demerging its businesses into separate entities. In a filing to BSE, Vedanta said the NCLAT order dated May 27, 2025 granted an interim stay on the order passed by the NCLT's Mumbai bench dated March 4, 2025 "to the extent it relates to the rejection of the scheme", subject to fulfilling the conditions mentioned in the order. Vedanta said that it remains committed to its strategic reorganisation plan and continues to work towards unlocking long-term value for all stakeholders. A two-member NCLAT bench said "the issues raised before us need to be considered at length and presently in view of the submissions made the scheme is severable and thus in case the stay is not granted to the impugned order, it may affect the second motion application filed in respect of other three transferor companies pending in different tribunals". The matter has been listed for the next hearing on August 4. Earlier, the Mumbai bench of NCLT had dismissed the petition of TSPL on the demerger scheme after objections were raised by SEPCO, a creditor of TSPL. The NCLT had observed "material facts have not been disclosed by the applicant company, violating Section 230 (2)(a) of the Companies Act, 2013, which in our considered opinion is bound to prejudice the public interest at large". The NCLT's ruling came after China-based SEPCO Electric Power Construction Corporation objected to the demerger, saying the power unit had deliberately excluded their outstanding debt of ₹1,251 crore from the list of creditors. SEPCO alleged that TSPL had concealed the information about its liabilities. "This has been done deliberately to defeat SEPCO's rights," the NCLT had said. According to a Vedanta spokesperson, the NCLT ruling pertained only to the TSPL application and the power business undertaking and does not impact or alter the progress of the other business undertakings proposed to be demerged. SEPCO was listed as an unsecured creditor to the extent of ₹1,251 crore, which would constitute more than 75 per cent of the unsecured debt by value, and as a result of the same, the vote by SEPCO itself would have been against the scheme, potentially impacting the interest of TSPL. The tribunal had said that the non-disclosure of such a significant liability could prejudice the interests of creditors and shareholders, and the valuation of TSPL conducted without factoring in SEPCO's claim was flawed and could impact public interest. The scheme, filed under Sections 230 to 232 of the Companies Act, 2013, involved the demerger of Vedanta's business verticals into five separate entities-- Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, Vedanta Base Metals and Vedanta Iron and Steel. It was aimed to create independent, globally competitive companies, each focusing on its core business and attracting specialised investors and stakeholders. The boards of the respective companies had approved the scheme between September and October 2023. Anil Agarwal-led Vedanta Ltd is expecting to complete the demerger of its businesses by September-end this year. PTI
Economic Times
3 days ago
- Business
- Economic Times
NCLAT stays order against Vedanta's power business demerger
Vedanta Ltd received an interim stay from NCLAT on NCLT's order rejecting the demerger of its power business and merger with TSPL. The stay is conditional and allows Vedanta to proceed with its strategic reorganization. NCLAT cited the need to consider the issues at length and the potential impact on other pending demerger applications. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi, Appellate tribunal NCLAT has granted an interim stay on an order of the National Company Law Tribunal ( NCLT ) rejecting demerger of Vedanta 's power business and its merger with resultant entity Talwandi Sabo Power Ltd (TSPL).The order came as a relief to Vedanta Ltd which is in the process of demerging its businesses into separate a filing to BSE, Vedanta said the NCLAT order dated May 27, 2025 granted an interim stay on the order passed by the NCLT's Mumbai bench dated March 4, 2025 "to the extent it relates to the rejection of the scheme", subject to fulfilling the conditions mentioned in the said that it remains committed to its strategic reorganisation plan and continues to work towards unlocking long-term value for all stakeholders.A two-member NCLAT bench said "the issues raised before us need to be considered at length and presently in view of the submissions made the scheme is severable and thus in case the stay is not granted to the impugned order, it may affect the second motion application filed in respect of other three transferor companies pending in different tribunals".The matter has been listed for the next hearing on August the Mumbai bench of NCLT had dismissed the petition of TSPL on the demerger scheme after objections were raised by SEPCO, a creditor of NCLT had observed "material facts have not been disclosed by the applicant company, violating Section 230 (2)(a) of the Companies Act, 2013, which in our considered opinion is bound to prejudice the public interest at large".The NCLT's ruling came after China-based SEPCO Electric Power Construction Corporation objected to the demerger, saying the power unit had deliberately excluded their outstanding debt of Rs 1,251 crore from the list of alleged that TSPL had concealed the information about its liabilities."This has been done deliberately to defeat SEPCO's rights," the NCLT had to a Vedanta spokesperson, the NCLT ruling pertained only to the TSPL application and the power business undertaking and does not impact or alter the progress of the other business undertakings proposed to be was listed as an unsecured creditor to the extent of Rs 1,251 crore, which would constitute more than 75 per cent of the unsecured debt by value, and as a result of the same, the vote by SEPCO itself would have been against the scheme, potentially impacting the interest of tribunal had said that the non-disclosure of such a significant liability could prejudice the interests of creditors and shareholders, and the valuation of TSPL conducted without factoring in SEPCO's claim was flawed and could impact public scheme, filed under Sections 230 to 232 of the Companies Act, 2013, involved the demerger of Vedanta's business verticals into five separate entities-- Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, Vedanta Base Metals and Vedanta Iron and was aimed to create independent, globally competitive companies, each focusing on its core business and attracting specialised investors and boards of the respective companies had approved the scheme between September and October Agarwal-led Vedanta Ltd is expecting to complete the demerger of its businesses by September-end this year. PTI
