Latest news with #Objection
Time of India
28-05-2025
- Business
- Time of India
Centre clears use of Nainital's Metropole Hotel as temporary parking space to ease traffic woes
Nainital: To address Nainital's ongoing parking crisis, the Union ministry of home affairs on Wednesday issued formal directives allocating the premises of the Metropole Hotel to the Uttarakhand govt for temporary use as a parking facility. Tired of too many ads? go ad free now Built in 1880, the hotel once belonged to the Raja of Mehmoodabad, who migrated to Pakistan. A luxury destination in its prime, it famously hosted figures such as Pakistan's founding father, Mohd Ali Jinnah, who spent his honeymoon there. It was designated 'enemy property' in the early 1960s. The ministry's decision follows a request by chief minister Pushkar Singh Dhami, who cited the tourist town's acute parking shortage and proposed using the hotel's expansive open grounds, capable of accommodating over 1,000 vehicles, for public parking. According to a state govt communique, Union home minister Amit Shah responded positively, confirming the ministry's approval in an official letter to the CM. Thanking Shah, Dhami said the move would "significantly ease traffic congestion and improve logistical convenience in the region." Spread over 10 acres, the once-celebrated property had fallen into disrepair after being declared enemy property, with encroachers gradually occupying its open land. In 2023, around 134 families were evicted following Supreme Court orders. In Oct last year, the custodian office of enemy properties under the Union home ministry had issued a temporary No Objection Certificate (NOC) to the Nainital district magistrate, allowing surface parking on an ad-hoc basis.
India Today
16-05-2025
- Sport
- India Today
IPL 2025: Mustafizur Rahman gets Bangladesh's NOC to play 3 league games for DC
In a welcome boost for Delhi Capitals, Bangladesh pacer Mustafizur Rahman has been granted a short-term No Objection Certificate (NOC) by the Bangladesh Cricket Board (BCB) to participate in the final three league matches of IPL 2025. The NOC allows Mustafizur to feature in the tournament from May 18 to May 24, after fulfilling national was brought in as a replacement for young Australian batting sensation Jake Fraser-McGurk, who was earlier ruled out due to injury. The pacer's ability to deliver at the death and his IPL experience could prove vital as Delhi look to finish strong in the league 29-year-old left-arm quick is currently in the UAE with the Bangladesh national team, set to play the first T20I against the UAE on May 17 in Sharjah. The BCB clarified that Mustafizur will be available for this match and then travel to India to join Delhi Capitals, who face Gujarat Titans in Delhi on May 18—the same day the pacer is expected to link up with the squad. 'As per the decision of BCB Cricket Operations, the Bangladesh Cricket Board (BCB) has granted a No Objection Certificate (NOC) to national team pace bowler Mustafizur Rahman for his participation in the ongoing IPL 2025 in India, for the period from 18 to 24 May, 2025,' the board confirmed in a temporary stint with Delhi Capitals comes at a crucial juncture, with the franchise still in contention for a spot in the playoffs. However, with Mustafizur's NOC expiring on May 24, his availability is limited to only the final three league stage fixtures. The team is likely to miss his services should they progress to the knockout inclusion offers timely relief to a depleted Delhi Capitals squad, which has been hit hard by player withdrawals. Australian star Mitchell Starc and South African batter Donovan Ferreira have both opted out of returning, citing personal reasons. Their decisions followed the temporary suspension of the IPL due to heightened India-Pakistan border tensions after the Pahalgam terrorist attack on April updated on IPL 2025 with India Today! Get match schedules, team squads, live score, and the latest IPL points table for CSK, MI, RCB, KKR, SRH, LSG, DC, GT, PBKS, and RR. Plus, keep track of the top contenders for the IPL Orange Cap and Purple Cap. Don't miss a moment! You May Also Like IN THIS STORY#IPL 2025
Economic Times
15-05-2025
- Business
- Economic Times
NSE shareholder army crosses 1 lakh milestone, largest among all unlisted companies
Live Events NSE Q4 results NSE IPO (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As the Street awaits the initial public offering (IPO) of the National Stock Exchange of India (NSE), the company has emerged as the largest unlisted firm in India in terms of the number of investors, with over 1 lakh milestone underscores the significant investor interest in the exchange, as it is interesting to note that even several listed companies in the country do not have an investor base as extensive as shareholder base now places it among a select group of entities in the country with such a vast number of investors, a figure that even several listed companies in India have not extensive shareholder base reflects growing investor confidence in the exchange's pivotal role as a key platform for trading equities, derivatives, and other financial to the latest industry data, the surge in investor numbers is indicative of NSE's position as a dominant player in India's securities market, attracting both institutional and retail exchange has consistently drawn investor interest due to its prominent standing and operational scale in the country's capital in February 2025, NSE overtook Serum Institute of India as the most valuable unlisted company, according to a joint study, which was conducted by Axis Bank 's Burgundy Private and Hurun list features the top 500 private companies in terms of value for 2024. The cumulative value of all the 500 companies rose 40% to $3.8 trillion, which is higher than India's Gross Domestic Product (GDP).For the March quarter of FY25, NSE reported a 7% YoY growth in its consolidated net profit at Rs 2,650 crore. The same stood at Rs 2,488 crore in the same quarter of the last financial NSE's revenue from operations declined 18% YoY to Rs 3,771 crore against Rs 4,625 crore reported in the year-ago period. The same declined 13% on a sequential Earnings Per Share (EPS) for FY25 stood at Rs 49.24, marking a significant rise from Rs 33.56 in FY24. The book value per share increased to Rs 122.64 in FY25, up from Rs 96.87 in the previous fiscal. The return on equity (RoE) improved to 45% in FY25, compared to 37% in submitted its IPO prospectus in December 2016. Shares of the exchange are among the most actively traded in the unlisted March this year, NSE approached SEBI for a No Objection Certificate (NOC) to proceed with further steps towards listing its is not the first time NSE has approached SEBI for an NOC for its IPO. The exchange had previously made similar requests in November 2019, twice in 2020, and again in August February, SEBI had responded to NSE's NOC request, outlining specific observations regarding technology, key management personnel (KMP), ownership of clearing corporations, and ongoing cases related to the colocation matter. In its renewed appeal for a NOC in March, NSE addressed all the points raised by SEBI in its February response.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
15-05-2025
- Business
- Time of India
NSE shareholder army crosses 1 lakh milestone, largest among all unlisted companies
As the Street awaits the initial public offering (IPO) of the National Stock Exchange of India (NSE), the company has emerged as the largest unlisted firm in India in terms of the number of investors, with over 1 lakh shareholders. This milestone underscores the significant investor interest in the exchange, as it is interesting to note that even several listed companies in the country do not have an investor base as extensive as this. NSE's shareholder base now places it among a select group of entities in the country with such a vast number of investors, a figure that even several listed companies in India have not achieved. This extensive shareholder base reflects growing investor confidence in the exchange's pivotal role as a key platform for trading equities, derivatives, and other financial products. According to the latest industry data, the surge in investor numbers is indicative of NSE's position as a dominant player in India's securities market, attracting both institutional and retail investors. The exchange has consistently drawn investor interest due to its prominent standing and operational scale in the country's capital markets. Earlier in February 2025, NSE overtook Serum Institute of India as the most valuable unlisted company, according to a joint study, which was conducted by Axis Bank 's Burgundy Private and Hurun India. The list features the top 500 private companies in terms of value for 2024. The cumulative value of all the 500 companies rose 40% to $3.8 trillion, which is higher than India's Gross Domestic Product (GDP). Also read: ITC Hotels Q4 Results: Cons PAT jumps 41% YoY to Rs 257 crore; revenue rises 17% NSE Q4 results For the March quarter of FY25, NSE reported a 7% YoY growth in its consolidated net profit at Rs 2,650 crore. The same stood at Rs 2,488 crore in the same quarter of the last financial year. Further, NSE's revenue from operations declined 18% YoY to Rs 3,771 crore against Rs 4,625 crore reported in the year-ago period. The same declined 13% on a sequential basis. The Earnings Per Share (EPS) for FY25 stood at Rs 49.24, marking a significant rise from Rs 33.56 in FY24. The book value per share increased to Rs 122.64 in FY25, up from Rs 96.87 in the previous fiscal. The return on equity (RoE) improved to 45% in FY25, compared to 37% in FY24. NSE IPO NSE submitted its IPO prospectus in December 2016. Shares of the exchange are among the most actively traded in the unlisted market. In March this year, NSE approached SEBI for a No Objection Certificate (NOC) to proceed with further steps towards listing its shares. This is not the first time NSE has approached SEBI for an NOC for its IPO. The exchange had previously made similar requests in November 2019, twice in 2020, and again in August 2024. In February, SEBI had responded to NSE's NOC request, outlining specific observations regarding technology, key management personnel (KMP), ownership of clearing corporations, and ongoing cases related to the colocation matter. In its renewed appeal for a NOC in March, NSE addressed all the points raised by SEBI in its February response.
Hindustan Times
10-05-2025
- Sport
- Hindustan Times
Goa move off for Yashasvi Jaiswal, wishes to play for Mumbai
Mumbai: India opener Yashasvi Jaiswal has had a change of heart just days after announcing his decision to play domestic cricket for Goa. He has now, instead, expressed his desire to continue playing domestic cricket for Mumbai. A month after seeking a No Objection Certificate (NOC) from the Mumbai Cricket Association (MCA) to switch to Goa, the dashing left-handed batter has written an email to MCA expressing his availability for the Mumbai team. 'I, the undersigned, would request your goodself to consider my request in withdrawing my NOC given to me as I had some family plans in shifting to Goa which for now has been curtailed. So, I sincerely request MCA to allow me to play for Mumbai this season! I have not submitted the NOC to BCCI nor to Goa Cricket Association!' Jaiswal wrote. Being a local player, senior officials of the MCA have no issues with Jaiswal's desire to return. A final call, however, will be taken in the Apex Council meeting to be held next week. Usually, a player who returns to Mumbai has to serve a cooling-off period but the rule doesn't apply to Jaiswal since he has not played for Goa yet. Although not part of the agenda, the subject of cooling-off period was also discussed in MCA's recent Annual General Meeting. Jaiswal missed out on being part of the T20 Mumbai League by a couple of days, with the league's player auction being held on Wednesday. He would likely have been one of the icon players — in the company of the likes of Suryakumar Yadav, Shreyas Iyer and Ajinkya Rahane. It remains to be seen if he will be eligible to be picked as a replacement player by any team. 'He didn't register for the auction. Any decision will be taken by the Governing Council,' said an MCA official. While the Goa Ranji Trophy team has done well to gain promotion from Plate Division to the Elite, Mumbai offers a bigger platform to compete. It is believed that some stalwarts of Indian cricket have made Jaiswal understand the difference. Shamba Desai, secretary of the Goa Cricket Association, said due to the packed international calendar, Jaiswal would not be available for the domestic season. It therefore wouldn't serve their team's cause of having him as a professional player. 'We can take only three professional players and looking at his international calendar, it is packed. There's no issue (about the NOC),' said Desai. Jaiswal had moved from Uttar Pradesh's Bhadohi to Mumbai at the age of 11 and started learning his cricket at Azad Maidan while living in tents on the maidan with groundsmen. He rose through the ranks to make his debut across formats for India over the last couple of years, and has the potential to become one of the best batters of his generation.
