Mumbai News Desk

21 Jul 2026

A Mumbai sessions court has granted anticipatory bail to businessman Lokesh Jain, a partner at M/s Bhumika Transport, in connection with the alleged INR 65 crore Mithi river desilting scam. The court observed that police had not arrested Jain despite the case being registered in May 2025, and noted that the documents in question had already been seized from officials of the BMC's Storm Water Drains department. The prosecution had alleged that Jain, along with co-accused, conspired to cause wrongful loss to the civic body through forged log sheets and inflated machine hire arrangements during desilting work carried out between 2023 and 2025.Read more

Hyderabad News Desk

21 Jul 2026

The Cyberabad Economic Offences Wing (EOW) has registered a case against a Hyderabad-based real estate developer and its directors over allegations of cheating homebuyers in a residential project at Puppalaguda. Investigators allege the firm collected around INR 24.88 crore from 56 purchasers without delivering the promised apartments or fulfilling commitments linked to the project. The case has been booked under provisions of the Bharatiya Nyaya Sanhita (BNS), and the agency has commenced an investigation into the financial transactions and project-related approvals.Read more

21 Jul 2026

The Reserve Bank of India (RBI) has imposed monetary penalties on six financial companies, including Muthoot Finance, for violating various regulatory requirements. The penalties relate to shortcomings in risk management, anti-money laundering systems, loan classification norms, corporate governance and exposure limits. While the fines are relatively small, the action highlights the RBI's continued focus on strengthening regulatory compliance across non-banking financial companies (NBFCs) and financial institutions. The central bank clarified that the penalties are based on compliance deficiencies and do not question the validity of transactions or agreements entered into by these entities.Read more

21 Jul 2026

The Centre is working to complete the investigation into the Air India AI-171 crash in Ahmedabad as early as possible while ensuring that the findings are accurate and based on evidence, Civil Aviation Minister K. Rammohan Naidu said. The Aircraft Accident Investigation Bureau (AAIB) has been provided with all necessary resources to carry out the probe. The minister also highlighted India's rapid growth in civil aviation infrastructure and stressed the need for skilled professionals to support the sector's continued expansion.Read more

21 Jul 2026

Residents of Godrej Oasis in Gurugram have protested against a steep increase in common area maintenance (CAM) charges, alleging poor upkeep, lack of transparency in financial records and delays in resolving long-pending issues within the housing society. The protest also highlighted unpaid salaries of housekeeping staff, which disrupted sanitation services. Residents have demanded a rollback of the revised maintenance charges, timely payment to employees, better maintenance standards and the immediate handover of the society to the Residents' Welfare Association (RWA). The developer attributed the increase to rising operational costs and stated that residents had not taken over the society's management.Read more

21 Jul 2026

The Central Bureau of Investigation (CBI) has filed a chargesheet against Ozone Urbana Infra Developers Pvt Ltd and one of its directors in connection with an alleged homebuyers' fraud linked to a housing project in Bengaluru. The agency has accused the company of misleading buyers and investors through false assurances and deceptive promises to secure financial gains, causing losses to homebuyers. The case forms part of a larger Supreme Court-monitored investigation into alleged builder-banker nexus cases involving diversion of homebuyers' funds and financial irregularities across multiple real estate projects in the country.Read more

21 Jul 2026

The Punjab government has introduced simplified and standardised language for property registration deeds to make real estate transactions easier for citizens and reduce legal complexities. The reform aims to replace technical legal terminology with clear, easily understandable wording while maintaining the legal validity of registered documents. The initiative is expected to improve transparency, minimise errors during registration and make property transactions more accessible for buyers and sellers. The state government said the move forms part of its broader administrative reforms to enhance the efficiency of property registration services and strengthen ease of doing business in the real estate sector.Read more

21 Jul 2026

The Jaipur Development Authority's revised setback regulations have led to a slowdown in approvals for converting residential properties into commercial establishments. The updated norms require applicants to comply with stricter setback standards aimed at improving urban planning, traffic management and public safety. However, many older properties do not meet the revised criteria, making conversions more difficult. Industry stakeholders say the changes have affected commercial activity in established neighbourhoods, while authorities maintain that the new framework is essential for ensuring planned and sustainable urban development.Read more

21 Jul 2026

• Jharkhand Chief Minister Shri Hemant Soren has directed the Road Construction Department to complete pending priority road infrastructure projects within the next two months following a high-level review meeting in Ranchi.
• The Chief Minister instructed officials to prioritise road widening, bridge construction, flyovers and other ongoing works while ensuring adherence to quality standards and project timelines.
• He also called for geo-tagging and a comprehensive digital database of all projects to strengthen transparency, monitoring and timely grievance redressal.
• The review focused on accelerating infrastructure delivery, improving road conditions during the monsoon and strengthening Jharkhand's transport network to support economic development.Read more

21 Jul 2026

The Odisha government has initiated the process to appoint a new member to the Odisha Real Estate Regulatory Authority (ORERA), aiming to address persistent vacancies that have affected the regulator's functioning. The move comes amid concerns over delays in dispute resolution and project oversight due to inadequate staffing. A public advertisement has been issued inviting eligible candidates to apply for the vacant position, as the state seeks to strengthen ORERA's institutional capacity and improve regulatory efficiency.Read more