MMRCL, a nodal agency, told the HC that due to the court cases, it could not cut down trees in 2019 and this has now led to an increase in the number of trees that are required to be cut for the project at suburban Goregaon.
The SC move comes after the Attorney General on Thursday, in an entirely different and unrelated case, suggested the apex court slap pre-hearing costs on big corporate houses indulging in protracted litigations, in a bid to contain the number of such cases and the resultant backlog.
Some of the reasons for the KFA House auction failure cited by experts are valuation, its proximity to airport, low FSI, litigations etc.
Speaking to CNBC-TV18, Rajan S Mathews, director general, Cellular Operators Association of India, has slammed the Department of Telecommunications (DoT) for sending the whole issue back to TRAI by rejecting its recommendations on the spectrum pricing.
Transfer pricing adjustments have soard across the cities in India with Mumbai leading the pack. Close to Rs 70,000 crore was collected in 2012-2013. A lot of multinational companies (MNCs) have received notices from the income tax department.
Anshu Jain, co-chief executive officer of Deutsche Bank spoke exclusively to CNBC-TV18 about the bank's clean up mission. Remember, yesterday, the bank posted a dismal set of fourth quarter numbers after setting aside four billion dollars to settle litigations.