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Max Estates consolidated net profit rises 629.30% in the June 2025 quarter
Max Estates consolidated net profit rises 629.30% in the June 2025 quarter

Business Standard

time09-08-2025

  • Business
  • Business Standard

Max Estates consolidated net profit rises 629.30% in the June 2025 quarter

Sales rise 27.12% to Rs 51.47 croreNet profit of Max Estates rose 629.30% to Rs 11.45 crore in the quarter ended June 2025 as against Rs 1.57 crore during the previous quarter ended June 2024. Sales rose 27.12% to Rs 51.47 crore in the quarter ended June 2025 as against Rs 40.49 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 27 OPM %27.0337.61 -PBDT25.255.89 329 PBT16.84-2.88 LP NP11.451.57 629 Powered by Capital Market - Live News

Losing your UAE work visa? Here's how to avoid dependent overstay fines
Losing your UAE work visa? Here's how to avoid dependent overstay fines

Time of India

time06-08-2025

  • Business
  • Time of India

Losing your UAE work visa? Here's how to avoid dependent overstay fines

When a parent loses a job in the UAE , their residency visa — and any dependent visas linked to it — are affected. Children's visas are legally tied to their sponsoring parent, meaning once that visa is cancelled or expires, so do the dependent visas. However, parents do not need to withdraw their children from school immediately. Several legal pathways exist to help families retain lawful stay during employment transitions, while ensuring children's education continues without disruption. Under UAE Cabinet Resolution No. (65) of 2022, Article 54(3), a dependent's residency cannot outlast that of the sponsor. Once a parent's visa ends, so does the child's — regardless of the printed expiry. According to Article 11 of Federal Decree-Law No. (29) of 2021, families must either regularise their status or exit the country within a set grace period. For most workers, this period is 30 days. Overstaying beyond this period invites daily fines of AED 50. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Before cancelling your own visa, you must first cancel the dependent visas. UAE immigration rules do allow for some flexibility. Parents have the option to transfer sponsorship to the spouse, request a short-term visa hold, or — in rare cases — apply for student visas for older children. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ₹6 Cr+ Max Estates 3 & 4 Bhk In Sector 36A Max Estates - Estate 361 Book Now Undo Option 1: Transfer Sponsorship to Spouse If the other parent, usually the mother, holds a valid UAE employment visa, she can sponsor the children independently. Eligibility: Live Events Minimum monthly salary: AED 4,000–6,000 (varies by emirate) Valid tenancy contract Attested documents: marriage and birth certificates, salary certificate Once approved, the children's visas are moved under the mother's residency. This is a long-term option, as long as her job and visa remain valid. Option 2: Request a Visa Hold (60 Days Maximum) Parents with a new job offer may pause the cancellation of their children's visas for up to 60 days. This option is only available if both the sponsor's and the children's visas have at least three months' validity remaining. Requirements: Submit visa hold application before visa cancellation Offer letter from new employer Labour cancellation documents from current employer AED 2,500 refundable deposit + AED 141 processing fee Passports, Emirates IDs, valid dependent visas Attested marriage and birth certificates This option is available through GDRFA (Dubai) or ICP (other emirates) and allows children to legally stay enrolled in school during the transition. Important: This option is not available after visa expiry or during the grace period. Option 3: Student Visa (Rare for School Children) Some schools licensed to sponsor may request student visas for enrolled children. This is usually granted only for older students and depends entirely on approval from UAE immigration authorities. Limitations: Not commonly approved for school-aged children Requires formal cooperation from the school Subject to GDRFA or ICP discretion Managing the Grace Period After visa cancellation, a grace period of up to 30 days applies (longer in certain categories). During this time, parents should explore one of the following: Secure a new job and begin visa transfer process Apply for visa hold (if eligible) Shift to a visit visa (may require exiting UAE briefly) Apply for investor visa (if starting a business) All these options require forward planning. Once the grace period ends, daily overstay fines begin and may harm future visa approvals. One-Year Student Visa for 18+ Young Adults Students aged 18+ who've completed school or university can apply for a one-year renewable student visa. Key Features: Cost: AED 100 No bank deposit needed from parents Requires attested graduation certificate Can be renewed once Allows the student to sponsor family in some cases This visa is not available for younger school children but gives adult students more independence.

Ice, rain, and ruin: Why cloudbursts aren't the only danger in Himalayas anymore? Uttarkashi flash flood sounds alarm
Ice, rain, and ruin: Why cloudbursts aren't the only danger in Himalayas anymore? Uttarkashi flash flood sounds alarm

Time of India

time06-08-2025

  • Climate
  • Time of India

Ice, rain, and ruin: Why cloudbursts aren't the only danger in Himalayas anymore? Uttarkashi flash flood sounds alarm

NEW DELHI: A suspected cloudburst in the upper catchment of the Kheer Ganga river triggered devastating flash floods on Tuesday, causing widespread destruction in Dharali village and nearby areas of Uttarkashi district in Himachal Pradesh and Uttarakhand. However, experts analysing satellite and meteorological data later told TOI that the disaster may have been caused not by a cloudburst, but by a glacier collapse or a glacial lake outburst flood (GLOF) upstream—underscoring the growing fragility of the Himalayan ecosystem amid rising temperatures. At least five people have died and many are feared missing as floodwaters swept through high-altitude settlements. This incident is the latest in a growing list of extreme weather events affecting the Himalayan region during the monsoon season. Glacial melts adding to crisis A new UN report titled 'Mountains and Glaciers: Water Towers' warns that global warming is rapidly transforming high-altitude water systems. Melting glaciers are initially increasing water runoff, but over time, available freshwater is expected to decline, threatening agriculture, hydropower, and water supply for millions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ₹6 Cr+ Max Estates 3 & 4 Bhk In Sector 36A Max Estates - Estate 361 Book Now Undo The report also flags the rising danger of Glacial Lake Outburst Floods (GLOFs)—sudden floods triggered when melting glaciers form unstable lakes. In the past 200 years, over 12,000 people have died in GLOFs, 7,000 in the Hindu Kush Himalayan (HKH) region alone. Why the Himalayas are at risk The Indian Himalayan region is highly vulnerable to cloudbursts, flash floods, and other extreme weather. These events typically occur during the monsoon and are becoming more frequent due to climate change, the research notes. They often lead to severe damage: house collapses, disrupted traffic, landslides, and human casualties. The 2023 paper further notes that most cloudbursts occur between 1,000 and 2,000 metres altitude, which includes densely populated areas such as Uttarkashi, situated at around 1,160 metres above sea level. Satellite images independently accessed by TOI confirmed the presence of significant glaciers and at least two glacial lakes situated directly above the affected site. 'There is a glacier right above Kheer Gad stream; a sudden release of water, either from glacial lake outburst or glacier burst, could lead to a high-energy flash flood, similar to the Raini disaster in Chamoli in Feb 2021,' said the scientist. The Raini incident involved a rockice avalanche that triggered floods devastating the Rishiganga hydel project and severely damaging the TapovanVishnugad power plant, resulting in more than 200 deaths. According to Wadia Institute of Himalayan Geology, Uttarakhand has 1,266 glacial lakes ranging from small bodies to large reservoirs, several of which pose significant downstream threats. National Disaster Management Authority identified 13 glacial lakes as high-risk, classifying five as extremely dangerous. Recent events indicate escalating risk The flash floods on Tuesday is not an isolated event. On July 26, heavy rainfall in Rudraprayag triggered a landslide that blocked the Kedarnath pilgrimage route, affecting over 1,600 Chardham pilgrims. On June 29, a cloudburst at Silai Band (Barkot-Yamunotri road) caused damage to an under-construction hotel, with several workers reported missing. What needs to be done Experts argue that a coordinated response is essential. This includes: Stronger early warning systems Climate-resilient planning Policy-level interventions for managing cloudburst risks Preserving traditional knowledge systems of local communities The UN report calls for urgent global action: limiting warming to 1.5°C, strengthening mountain governance, and protecting the cryosphere, which supports over half the world's population. As the Himalayas face mounting threats from both extreme rainfall and melting glaciers, the latest cloudburst is yet another stark reminder of the region's fragile future—and the urgent need to act.

Long-term damage: Telangana state info panel struggles to clear RTI plea backlog
Long-term damage: Telangana state info panel struggles to clear RTI plea backlog

Time of India

time05-08-2025

  • Business
  • Time of India

Long-term damage: Telangana state info panel struggles to clear RTI plea backlog

HYDERABAD: The Telangana State Information Commission is struggling to clear a backlog of 17,509 pending appeals and complaints, an accumulation from the two years it functioned without a commissioner. The absence of leadership stalled the commission's work, delaying citizens' access to critical information across departments. According to the commission, common appeals include issues related to house and town planning in localities, departmental permissions for housing, land records and ownership queries, as well as information on financial allotments and revenue generation. Many seek information on whether specific schools have fire safety equipment, proposed class wise students strength and fee, sanitary certificate etc. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Speaking to TOI, information commissioner PV Srinivasa Rao said, "Many applicants submitted repeated appeals and got no replies in the past few years. We are now identifying such cases, grouping them, and passing combined orders to speed things up." One such case is that of G Srinivas Reddy, who filed multiple appeals seeking information on the financial accountability of department heads across the state govt. When the Public Information Officer responded that the data was too scattered to be compiled and shared, Reddy approached the commission. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Max Estates Estate 360: 3 & 4 BHK @ ₹6 Cr+ Max Estates - Estate 361 Book Now Undo After a delay of over two years, the commission issued a directive that the RTI request must be answered regardless of how dispersed the information may be. Gunashekar K, a resident of Khairtabad, told TOI that he had to file three appeals but still received no response. "I filed an RTI to check whether the land near my house falls under a nearby temple's ownership. But the department did not respond. I eventually had to approach the Information Commission to get things moving," he said. Chief information commissioner G Chandrasekhar Reddy added, "A major contributor to the problem is the poor response from govt departments. Under the RTI Act, departments are legally required to reply within 30 days, and that is not happening consistently," The commission has set a goal to achieve zero pendency across 30 departments in the coming months. By next year, the commission aims to expand this effort to all 22 districts.

Two further attacks on Indians in Dublin trigger Indian embassy to issue advisory
Two further attacks on Indians in Dublin trigger Indian embassy to issue advisory

Time of India

time02-08-2025

  • Health
  • Time of India

Two further attacks on Indians in Dublin trigger Indian embassy to issue advisory

. LONDON: The Indian embassy in Dublin has issued a stark warning advising Indian citizens in Ireland to take precautions for their personal safety and avoid deserted areas, especially at odd hours, after two more Indian nationals have been brutally attacked and left with serious injuries. The Indians embassy notice said there has been 'an increase in the instances of physical attacks reported against Indian citizens in Ireland recently' and that the embassy was 'in touch with the authorities concerned'. It advised Indian nationals to take "reasonable precautions'. On July 19 in Tallaght, an Indian man was left with blood pouring out of his head, his underwear and trousers removed, after an unprovoked assault by around 10 teenagers who stabbed him in the face multiple times when he was walking to his temple. Then, on July 24, an Indian man, in his 20s, was attacked by a group of teenagers at a tram stop in Dublin at 10.30 pm local time. He was pushed, beaten, and stabbed in the face with a screwdriver and taken to Mater Misericordiae Hospital for treatment of serious injuries. On July 28, Dr Santosh Yadav, a senior data scientist in his 30s, was returning to his apartment in Dublin following dinner when six teenagers attacked him from behind. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Max Estates ₹6 Cr+ Homes In Gurgaon Max Estates - Estate 361 Book Now Undo 'They snatched my glasses, breaking them, and then beat me relentlessly across my head, face, neck, chest, hands, and legs, leaving me bleeding on the pavement,' he said. He managed to call the Gardaí and an ambulance took him to Connolly Hospital Blanchardstown. His cheekbone is fractured, and he has been referred for specialist care. 'Racist attacks on Indian men and other minorities are surging across Dublin — on buses, in housing estates, and on public streets. Yet, the govt is silent. We deserve to walk on the streets without fear,' Yadav said. Three protests were held last week in Dublin calling for an end to racism and justice for Indian victims. A Gardaí spokesperson confirmed the police are investigating all three attacks and said: 'Every hate crime reported to An Garda Síochána is professionally investigated.' S Aditya Mandal, an AI professional from West Bengal, who has been working in Dublin for eight years, told TOI: 'No one has been arrested till now in any of these three attacks. Indians here are feeling scared for their families and many are reconsidering whether they want to stay in Ireland.'

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