Latest news with #Rs1.85
Time of India
17-05-2025
- General
- Time of India
NMC to add 4 more LPG crematoriums as ecofriendly options expand
1 2 3 Nagpur: In a major step to promote environmentally sustainable last rites, the Nagpur Municipal Corporation (NMC) is set to add four more LPG-based cremation facilities at Manewada, Mankapur, Shanti Nagar, and Narsala. The civil structures at all four sites are ready, and installation work will begin soon, said chief sanitary officer Dr Gajendra Mahalle. A budget of Rs1.85 crore was allocated for the project in 2024-25. These new units will join existing LPG crematoriums at Sahkar Nagar, Ambazari, and Mokshadham. NMC also operates six briquette-based units at Ambazari, Sahkar Nagar, Mokshadham, Mankapur, Manewada, and Gangabai Ghat, and diesel-based systems at Vaishali Nagar and Gangabai. Wood-based cremation, however, remains available at all 21 crematoriums in the city. The civic body is also preparing to launch Nagpur's first electric crematorium at Mokshadham under the Nag River Pollution Abatement Project. Despite the expansion of cleaner alternatives, over 70% of the city's 17,414 cremations in 2024-25 — around 12,260 - were still conducted using firewood. Civic officials cite deep-rooted traditions, limited awareness, and resistance to behavioural change as major hurdles. Experts warn that the continued use of wood-based cremations is contributing to poor air quality and rising public health concerns.
Time of India
08-05-2025
- Time of India
Karad contractor accused of cheating Chinchwad resident of Rs1.6cr
Pune: The Nigdi police registered a case against a civil contractor from Karad in Satara district for allegedly duping a supplier of earth-moving machines and heavy vehicles from Chinchwad of Rs1.63 contractor took five dumpers and three earth-moving machines on rent from the complainant in Feb last year. He also borrowed money from the complainant to make payments to the drivers and buy diesel. The accused used the vehicles between Feb and Aug last year and did not pay any money to the complainant. When the complainant did not receive money after repeated follow-ups, he approached the Nigdi police and lodged a officer from the Nigdi police said the complainant ran a business of providing dumpers and earth-moving machines on rent. In Feb last year, the accused from Karad contacted him and introduced himself as a govt contractor. He also told the complainant that he had the state govt's contracts for constructing roads and transporting goods, the officer said."The contractor demanded five dumpers and three earth-moving machines on rent against Rs1.85 lakh and Rs1.8 lakh per month, respectively. He promised to pay the salaries of drivers and operators," the officer to the complainant, he sent five dumpers and three earth-moving machines to Karad. After some days, the contractor requested him to send drivers and operators. The suspect also requested him to pay their salaries and promised to reimburse it later."The complainant sent 10 drivers, six operators and two helpers on the salary of Rs26,000 per month. A few days later, the contractor requested the complainant to pay for the diesel too as he was running in a loss," the officer said the contractor used the vehicles and machines for six months. When the complainant sent him a bill of Rs1.63 crore, the accused returned the vehicles and refused to clear the dues claiming that he had suffered a loss."The complainant stated that the suspect was not paying his dues despite getting his bills cleared by the govt. Our investigations are on," he said.
Express Tribune
01-05-2025
- Automotive
- Express Tribune
Kia announces major price reduction for Sportage lineup
Listen to article Kia Pakistan has announced significant price cuts across its Sportage L lineup, reducing prices by up to Rs1.85 million. The revised rates came into effect on May 1 2025. According to an official notification, the hybrid variant Sportage L HEV has seen the sharpest reduction — from Rs12,850,000 to Rs10,999,000, marking a temporary decrease of Rs1,851,000. The Sportage L FWD is now priced at Rs9,999,000, down from Rs11,825,000 — a discount of Rs1,826,000. Meanwhile, the entry-level Sportage L Alpha variant is being offered at Rs8,499,000, compared to its earlier price of Rs9,499,000. Kia said the initiative reflects the brand's commitment to delivering high-quality, feature-rich vehicles at more accessible prices. The company highlighted the Sportage range's focus on design, performance, technology, and safety.
Hans India
29-04-2025
- Business
- Hans India
Casagrand unveils high-rise apartments & villa project in Hyd
Hyderabad: Casagrand, a real estate developer, announced the launch of its fourth residential project in the city named as, Casagrand GS Infinity. The residential community is spread across 4.8 acres, consisting of 405 three and four BHK high-rise apartments and five BHK floor villas, starting at a price range of Rs1.85 crore. The features of the community includes, a 41,000 sft clubhouse and about 100 amenities such as an oxygen-infused gym, AR-enabled squash and badminton courts, a mini-golf course, pickleball court, sky cinema, rooftop cafe and dining, nature walkways, and others. The project features three independent skyscrapers, each rising to 35 floors, and two acres of landscaped greenery. 'With upcoming metro rail connectivity, robust infrastructure projects, and rapid urban growth, Attapur is fast emerging as one of the city's most coveted residential destinations, making Casagrand GS Infinity not just a prestigious address, but also a future-ready investment for professionals, families, and investors alike,' the developer said in a press release. Casagrand further added that the project is inspired by the aesthetics of Manhattan-styled condominiums. Casagrand GS Infinity offers ultra-spacious residences with full-length private balconies, luxury interiors, and four homes per floor, ensuring privacy, cross-ventilation, and a boutique-living experience. 'Each home is built with the finest materials, engineered for perfection, and designed to meet the aspirations of a global, design-conscious audience,' it added.
Business Recorder
22-04-2025
- Business
- Business Recorder
Meezan Bank earns Rs22bn PAT in Q1
KARACHI: Meezan Bank (MEBL) recorded a profit after tax of Rs22.042 billion (EPS of Rs12.28) in the first quarter of this year (CY25) compared to Rs 24.942 billion in same period of last fiscal year (2024), down 11.6 percent. According to Topline, the earnings came in line with industry expectations. Alongside the result, the bank also announced first interim cash dividend of Rs7.0 per share in 1Q2025. Net spread earned by MEBL fell by 8 percent YoY and 15 percent QoQ to Rs62 billion in 1Q2025. This decline in spread is due to a decrease in interest rates, along with the imposition of the Minimum Deposit Rate (MDR) on the individual portfolio. MEBL recorded provision expense of Rs1.85 billion in 1Q2025 as compared Rs263 million in 1Q2024 and Rs7.3 billion in 4Q2024. However, other income of the bank increased by 29 percent YoY to Rs8.2 billion. The YoY uptick is due to increase in Fees & Commission income by 10 percent YoY to Rs5.5 billion and FX Income by 3.3x to Rs1.6 billion in 1Q2025. Other expenses of the bank declined by 7percent YoY while up 9percent QoQ to Rs19.6 billion in 1Q2025, driven by the expanding branch network and the impact of inflation. Effective tax rate of bank clocked in at 55percent in 1Q2025 compared to 52percent in 1Q2024 and 58percent in balance sheet side, Deposits grew by 11percent QoQ to Rs2.9 trillion, Investments up by 10percent QoQ to Rs2.1 trillion, while advances down by 8percent QoQ to Rs1.4 trillion in 1Q2025. Copyright Business Recorder, 2025
