Latest news with #Ramada
Time of India
3 days ago
- Time of India
Accountant of two Ektanagar hotels embezzles 51L
Vadodara: An accountant who worked for two prominent hotels at Ektanagar in Narmada district, has been accused of embezzling Rs 51.34 lakh. An FIR for this was registered at Kevadiya police station on Saturday. According to the FIR filed by the manager of the hotels, the embezzlement came to light during an audit of accounts of the Ramada and Comfort (Sankalp) hotels in Ektanagar for the 2023-24 financial year. The discrepancies were worth Rs 46.74 lakh at the Ramada and Rs 4.6 lakh at the Comfort. The accountant of the hotels, Ravikaran Tiwari, was questioned about the discrepancies. He claimed the money had been deposited, but online tagging was pending, and it was hence not reflected in the account. He said this would happen shortly. Tiwari quit the job after March 2024. While auditing the 2024-25 accounts, the discrepancy from the previous financial year remained. This time, when Tiwari was asked, he replied via WhatsApp that he had quit the job and was not responsible for the matter. When asked to visit the hotel and check the accounts, he grew evasive. The manager and complainant, Manojkumar Maharaj, checked the register himself and ascertained that Tiwari had been handed the cash but did not deposit it. He then registered an offence against Tiwari.
Time of India
5 days ago
- Business
- Time of India
Goa prof Sergio Carvalho's actions spurred rules for development on country's coasts
By Claude Alvares Sergio Carvalho, who passed away in Goa on April 27, 2025, at 83, was not a politician, not a bureaucrat, and not an environmental activist in the formal sense. Yet his actions in 1987 led to the creation of one of India's most significant environmental regulations — the Coastal Regulation Zone (CRZ) Notification of 1991. Tired of too many ads? go ad free now An academic at Nirmala Institute of Education in Panaji, Carvalho was alarmed when central govt reduced the no-development buffer along India's coastline from 500m to 200m of the high tide line (HTL) to promote tourism. This move came at a time when Goa was beginning to attract direct charter flights and investors eager to build beach resorts. One such resort — Ramada — was already under construction on the pristine Varca beach. Upon obtaining a letter from the Union environment ministry, issued under the newly enacted Environment Protection Act, 1986, Carvalho found that the resort's construction violated several provisions. It exceeded height limits, was tapping groundwater in a prohibited zone, and had built structures within 200m of the HTL. Carvalho penned a letter to the high court, which issued a notice. But when Carvalho realised he would have to argue the case himself, he approached the newly formed Goa Foundation. The foundation reached out to Indira Jaising, a well-known public interest lawyer, who agreed to represent the case. In court, Jaising faced Justice Gustavo Couto, who promptly stayed the Ramada construction, observing that it prima facie violated the environment ministry's guidelines. She was then asked to file a formal petition. Thus began Sergio Carvalho v. Union of India, a landmark case challenging central govt's decision to reduce the no-development zone, and the specifics of the Ramada project — its height, use of groundwater, and proximity to the sea. Tired of too many ads? go ad free now The final hearing came up in Dec 1988 before a division bench headed by Justice M L Pendse, a judge known for balancing development interests with legal rigour. Pendse ruled that Indira Gandhi's 1981 letter mandating a 500m no-development zone was not law but merely executive guidance. Ramada's main building, meanwhile, rose to 24m, far beyond the permitted 9m. The company argued that it had misunderstood the regulation, interpreting the height limit as applying 'up to the eaves' — a loophole the environment ministry later legitimised via an office memorandum, effectively saving the structure. The court appointed Goa's first chief town planner (then retired) as commissioner. His report confirmed multiple violations: excessive height, tube wells drawing groundwater, and unauthorised structures within the 200m zone. However, the commissioner also offered an ecological rationale: the 200-metre strip typically housed primary sand dunes critical to coastal stability. He endorsed a 200-metre no-development buffer. The court accepted this reasoning and incorporated it into its ruling. Though the hotel's main building was spared, Ramada was ordered to dismantle all structures within the 200m zone and shut down groundwater extraction. The space above the 9m height was declared unusable for commercial purpose. Despite these partial victories, the HC ultimately dismissed the petition. Carvalho's appeal to the Supreme Court was also unsuccessful. On paper, he had lost; but he had planted the seeds of a national policy. In the wake of the judgment, Jaising drafted a model notification under the Environment Protection Act, which the Goa Foundation submitted to the environment ministry. Around the same time, the Bombay Environmental Action Group submitted its own version. These efforts culminated in the CRZ notification, issued on Feb 19, 1991. The CRZ notification was revolutionary. It formalised a no-development zone of 200m from the HTL, imposed strict guidelines for construction within 200-500m, and banned groundwater extraction within the entire 500m stretch. For the first time, India's entire 7,000km coastline came under a uniform legal framework to manage and restrict development. Though the original notification was revised over the years, its core principles are intact. The CRZ rules have guided coastal development across India, all because one Goan professor decided to act. Carvalho never took credit for the tidal shift his letter created. But on this World Environment Day, it is worth remembering that environmental protection often begins not with power or position, but with a simple sense of responsibility — and the courage to act. (The writer is an environmental activist)
Hospitality Net
7 days ago
- Business
- Hospitality Net
Ramada by Wyndham Makes Its Debut in Ranchi, Expanding Global Hospitality Footprint
Shakambari Builders Private Limited is proud to announce the grand opening of Ramada by Wyndham Ranchi Bariatu Road, a premium new addition to the city's hospitality landscape, located in the upscale Rameshwaram Colony on Bariatu Road. This launch marks a significant milestone in Ranchi's evolution as a growing hub for both business and leisure travel. The contemporary hotel features 66 well-appointed guest rooms, thoughtfully designed to offer a blend of comfort, convenience, and modern amenities for discerning travelers. The hotel also offers various recreational activities such as indoor heated swimming pool, card room, kids play area and gaming zone, discotheque. Strategically positioned near Ranchi's key medical, educational, and commercial centers, including Rajendra Institute of Medical Sciences (RIMS), Tagore Hill, Rock Garden, and Kanke Dam, the hotel also provides easy access to Birsa Munda Airport and Ranchi Railway Station. Hotel website
New Straits Times
30-05-2025
- Business
- New Straits Times
Mah Sing's Q1 earnings up 10pct to RM66.03mil
KUALA LUMPUR: Mah Sing Group Bhd recorded a 9.9 per cent rise in net profit for the first quarter ended March 31, 2025 (1Q25) to RM66.03 million from RM60.04 million in the same quarter last year, supported by stronger gross profit. The property developer reported a 16.4 per cent increase in revenue to RM649.7 million from RM558.2 million. This was mainly driven by progressive revenue recognition from ongoing construction activities. It achieved RM1.01 billion in new property sales during the first five months of 2025, slightly surpassing the RM992 million recorded in the same period last year. Mah Sing said it is reinforcing its recurring income strategy by transforming selected commercial properties into lively lifestyle and placemaking hubs. The company said upgrades to Ramada by Wyndham Meridin Johor Bahru, along with its new project Zenya in Kepong, aim to deliver consistent rental income while building an integrated ecosystem that meets the changing needs of the community. "The group is also exploring a comprehensive healthcare and wellness hub in its existing commercial asset, Icon City 2 in Petaling Jaya, envisioned as a one-stop centre for medical, wellness and F&B services, serving people of all ages and promoting holistic wellbeing," it added. Mah Sing said it is securing long-term growth in recurring income by strategically venturing into the digital infrastructure sector. The company highlighted that data centres like Mah Sing DC Hub\@Southville City have the potential to provide stable, long-term cash flow, driven by strong demand from hyperscalers and artificial intelligence (AI) operators. "Leveraging its developer expertise to secure critical infrastructure and strategic land, Mah Sing is well-positioned to become a key partner in this high-growth sector," the group said.
Hospitality Net
26-05-2025
- Business
- Hospitality Net
I.P. Constructions Private Limited Announces the Grand Opening of Ramada by Wyndham Ghaziabad Vasundhara
I.P. Constructions Private Limited proudly announces the grand opening of Ramada by Wyndham Ghaziabad Vasundhara, a contemporary hotel located in the dynamic industrial hub of Ghaziabad. Designed to cater to both business and leisure travelers, the 160-room property is set to elevate the city's hospitality offering with international standards of service and comfort. Strategically located, the hotel offers convenient access to major commercial and leisure hubs in the region. Each of the 160 guest rooms is thoughtfully designed with modern amenities, elegant interiors, and technology to ensure a seamless stay for all visitors. Key features of the hotel include: A state-of-the-art fitness center Versatile meeting and conference spaces A multi-cuisine restaurant A sophisticated lounge area for relaxation The launch of Ramada by Wyndham Ghaziabad Vasundhara marks a significant milestone for the city's hospitality sector, reinforcing its growth as a key destination for both domestic and international travelers. Ramada by Wyndham Ghaziabad Vasundhara is now open and welcoming guests from around the world. Combining global hospitality standards with a touch of local warmth, the hotel is set to become a preferred destination for visitors to the region. Hotel website
