The Union Housing and Urban Affairs Ministry’s Land and Development Office (L&DO) has issued a notice to news agency Press Trust of India over unpaid dues for its office on Parliament Street, giving it time till August 7 to pay the amount of ₹84.48 crore or face penalty and further action as per the lease agreement. … [Read more...] about Government issues notice to PTI over ₹84 crore dues for Parliament Street office
Officers unholsters
Morgan Stanley leases 1.1 million sq ft office space in Mumbai’s Goregaon
MUMBAI: In the largest commercial space transaction this year, global investment bank Morgan Stanley has picked up around 1.1 million sq ft office space on a long-term lease at Oberoi Realty’s under-construction commercial tower Commerz III in Goregaon suburb of Mumbai.The lease tenure is set at 9.5 years and the project is expected to be ready in 2023. ET was first to report the deal in November 2019. Both the entities have now concluded the transaction that is largest both in terms of volume and value.The deal assumes significance not only for the size but also because Morgan Stanley has pre-committed to the under-construction office space as against the usual practice of leasing ready properties.Morgan Stanley will be consolidating its Mumbai Global In-house Centre (GIC) operations to this single campus in the city. The investment bank established the Mumbai GIC in 2003 and the Bengaluru GIC in 2014 to support its global institutional securities, wealth management and … [Read more...] about Morgan Stanley leases 1.1 million sq ft office space in Mumbai’s Goregaon
Only ‘eligible’ BCCI office-bearers to attend meet on July 17
"....in view of pending Honourable Supreme Court hearing on cooling off period clause, the reconstitution of Apex council warranted due to ending/ coming to end of tenure of vice president/ secretary/president BCCI needs to be kept as an Agenda item," Bhardwaj wrote in an e-mail to the Council members, referring to the meeting on July 17. … [Read more...] about Only ‘eligible’ BCCI office-bearers to attend meet on July 17
Massive police hunt in Germany for fugitive who disarmed four officers
On Sunday, police in Oppenau in southern Germany had been informed of a suspicious man, armed with bow and arrow and dressed in camouflage patterns. When the man was checked, he pulled a firearm and "massively threatened" the police officers to lay down their firearms. … [Read more...] about Massive police hunt in Germany for fugitive who disarmed four officers
How did 2020 fare at the box office so far?
2016 was when things started looking up for the Bollywood box office. It crossed the Rs 1,000 crore mark in the first six months of 2016 itself. … [Read more...] about How did 2020 fare at the box office so far?
