Though technically a property in India may be bought in the name of a company, such an investment would fall in the category of foreign direct investment (FDI) - and the norms and rules for FDI-related investments are quite different and rather rigorous compared with purchasing property in your individual name.
Section: Money | Friday, May 6, 2011 2:03 IST
Just about two weeks after confiscating nine trucks and booking their drivers for illegally filling up a pond near the New Yari Road, the Versova police seem to be taking a U-turn in the case.
Section: Mumbai | Tuesday, September 21, 2010 0:09 IST
The building proposal department of the BMC has issued a stop work notice to the developers, directing it not to undertake any construction activity until the damaged portions were rectified.
Section: Mumbai | Tuesday, September 21, 2010 0:00 IST
Monsoon has created a record of sorts this year. The rainfall witnessed is well on course to be ranked as the highest ever recorded in the city.
Section: Mumbai | Monday, September 20, 2010 0:18 IST
Pile foundations of parking work gives away during heavy rains; BMC stops work; corporator demands investigation.
Section: Mumbai | Monday, September 20, 2010 0:12 IST
AL Quadros, who heads the Taximen’s Union, is not enthused about the police initiative to make cab drivers part of intelligence gathering.
Section: Mumbai | Saturday, September 18, 2010 3:46 IST
'The public-private-partnership (PPP) model will revolve around the BMC allotting a health plot to the private party, and the latter developing the facility on it,' a civic official said.
Section: Mumbai | Saturday, September 18, 2010 3:29 IST
More wrangling to ensue between BMC and the Andheri super-speciality hospital over accommodating poor patients.
Section: Mumbai | Saturday, September 18, 2010 3:14 IST
This list of people living below the poverty line (BPL) was first submitted in January and approved only last week, even when it was tabled as “urgent business”.
Section: Mumbai | Thursday, September 16, 2010 3:15 IST
Proposes to give ‘right to first refusal’ for open plot to local resident associations, housing federations.
Section: Mumbai | Thursday, September 16, 2010 3:06 IST
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