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UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
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Dubai Onboards Solana as Blockchain Ecosystem Partner for DMCC Free Economic Zone
Dubai aims to help the members of the DMCC develop on blockchain and scale their business. The DMCC, or the Dubai Multi Commodities Centre, has teamed with Solana to provide the blockchain infrastructure for its free economic zone. With a market valuation of $8 billion, the DMCC has called Solana one of the most prominent blockchains in the world.
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From World Bank Reform To Climate Change; Biden's Agenda At G20 Summit
U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House said on Tuesday.
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"Very Impressed": Maldives Minister On Tallest Railway Bridge In Kashmir
Hailing the world's tallest railway bridge in Jammu and Kashmir, Chenab Bridge taller than the Eiffel Tower, Maldives' minister for National Planning, Housing and Infrastructure said, "Very impressed with the development the Indian Railways are bring
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PMC Bank Case: Supreme Court Stays Order Directing Sale Of HDIL Assets To Repay Dues
The Supreme Court on Friday stayed the Bombay High Court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank.
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Panel To Be Formed For Sale Of Realty Firm HDIL's Assets In PMC Scam
The Bombay High Court set up a three-member committee on Wednesday for valuation and sale of encumbered assets of Housing Development and Infrastructure Ltd (HDIL) to expeditiously recover dues payable by the firm to crisis-hit Punjab & Maharashtra Cooperative (PMC) Bank.
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Father-Son Promoters In PMC Bank Storm In Enforcement Directorate Custody
The father-son promoters of crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL) have been taken into custody by the Enforcement Directorate. A court in Mumbai has sent them to custody till October 22. The ED is questioning Rakesh Kumar Wadhawan and his son Sarang Wadhawan in an alleged money laundering case worth over Rs 4...
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PMC Bank Crisis: Police Custody Of HDIL Directors Extended To October 14
A Mumbai court has extended police custody of HDIL Directors Rakesh and Sarang Wadhwan till October 14 after they were arrested last week in connection with loan default worth Rs 4,355 crore at PMC Bank
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Probe Agency Seizes HDIL Chairman's Jet, Jewellery Worth 60 Crores
The Enforcement Directorate claimed on Saturday that it has attached a private jet and jewellery worth Rs 60 crore of Housing Development and Infrastructure Limited (HDIL) Chairman Rakesh Wadhawan and his son Sarang Wadhawan.
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2 Rolls Royce Among Dozen Cars Of HDIL Promoters Seized In Mumbai Raids
Two Rolls Royce cars worth nearly Rs 6 crore each and a Rs 2 crore (approx.) Bentley Continental GT were among the dozen cars seized by the Enforcement Directorate during their raids at six places in Mumbai linked to the Housing Development and Infrastructure Limited
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How Father-Son Promoters Of Crisis-Hit HDIL Ended Up In Police Lock-Up
The father-son promoters of crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL) openly maintained a flamboyant lifestyle as they moved around with armed guards. Accused of not repaying loans up to Rs 6,500 crore to Punjab and Maharashtra Cooperative (PMC) Bank, Rakesh Kumar Wadhawan and his son Sarang Wadhawan will stay in...
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In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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Finance Minister's "Appeal" Over "Consume Poison" Tweet On Bank Crisis
Finance Minister Nirmala Sitharaman on Monday sought to calm down a Twitter user who said "people are bound to consume poison" as the aftershocks of the severe funds crunch at Punjab and Maharashtra Cooperative (PMC) Bank hit them.
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
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Odisha Government Says Cyclone Fani Caused Rs 525 Crore Infrastructure Damage
The Odisha Housing and Urban Development department on Tuesday said that Cyclone Fani that hit the coastal state on May 3 damaged Rs 525 crore worth of assets.
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UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
-
Dubai Onboards Solana as Blockchain Ecosystem Partner for DMCC Free Economic Zone
Dubai aims to help the members of the DMCC develop on blockchain and scale their business. The DMCC, or the Dubai Multi Commodities Centre, has teamed with Solana to provide the blockchain infrastructure for its free economic zone. With a market valuation of $8 billion, the DMCC has called Solana one of the most prominent blockchains in the world.
-
From World Bank Reform To Climate Change; Biden's Agenda At G20 Summit
U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House said on Tuesday.
-
"Very Impressed": Maldives Minister On Tallest Railway Bridge In Kashmir
Hailing the world's tallest railway bridge in Jammu and Kashmir, Chenab Bridge taller than the Eiffel Tower, Maldives' minister for National Planning, Housing and Infrastructure said, "Very impressed with the development the Indian Railways are bring
-
PMC Bank Case: Supreme Court Stays Order Directing Sale Of HDIL Assets To Repay Dues
The Supreme Court on Friday stayed the Bombay High Court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank.
-
Panel To Be Formed For Sale Of Realty Firm HDIL's Assets In PMC Scam
The Bombay High Court set up a three-member committee on Wednesday for valuation and sale of encumbered assets of Housing Development and Infrastructure Ltd (HDIL) to expeditiously recover dues payable by the firm to crisis-hit Punjab & Maharashtra Cooperative (PMC) Bank.
-
Father-Son Promoters In PMC Bank Storm In Enforcement Directorate Custody
The father-son promoters of crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL) have been taken into custody by the Enforcement Directorate. A court in Mumbai has sent them to custody till October 22. The ED is questioning Rakesh Kumar Wadhawan and his son Sarang Wadhawan in an alleged money laundering case worth over Rs 4...
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PMC Bank Crisis: Police Custody Of HDIL Directors Extended To October 14
A Mumbai court has extended police custody of HDIL Directors Rakesh and Sarang Wadhwan till October 14 after they were arrested last week in connection with loan default worth Rs 4,355 crore at PMC Bank
-
Probe Agency Seizes HDIL Chairman's Jet, Jewellery Worth 60 Crores
The Enforcement Directorate claimed on Saturday that it has attached a private jet and jewellery worth Rs 60 crore of Housing Development and Infrastructure Limited (HDIL) Chairman Rakesh Wadhawan and his son Sarang Wadhawan.
-
2 Rolls Royce Among Dozen Cars Of HDIL Promoters Seized In Mumbai Raids
Two Rolls Royce cars worth nearly Rs 6 crore each and a Rs 2 crore (approx.) Bentley Continental GT were among the dozen cars seized by the Enforcement Directorate during their raids at six places in Mumbai linked to the Housing Development and Infrastructure Limited
-
How Father-Son Promoters Of Crisis-Hit HDIL Ended Up In Police Lock-Up
The father-son promoters of crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL) openly maintained a flamboyant lifestyle as they moved around with armed guards. Accused of not repaying loans up to Rs 6,500 crore to Punjab and Maharashtra Cooperative (PMC) Bank, Rakesh Kumar Wadhawan and his son Sarang Wadhawan will stay in...
-
In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
-
Finance Minister's "Appeal" Over "Consume Poison" Tweet On Bank Crisis
Finance Minister Nirmala Sitharaman on Monday sought to calm down a Twitter user who said "people are bound to consume poison" as the aftershocks of the severe funds crunch at Punjab and Maharashtra Cooperative (PMC) Bank hit them.
-
PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
-
Odisha Government Says Cyclone Fani Caused Rs 525 Crore Infrastructure Damage
The Odisha Housing and Urban Development department on Tuesday said that Cyclone Fani that hit the coastal state on May 3 damaged Rs 525 crore worth of assets.
