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Banks cannot auction project without the approval of buyers, authority: Haryana RERA
Gurgaon bench of Haryana Real Estate Regulatory Authority has threatened to take penal action against the banks if they auction the project of any builder to recover dues, without taking the approval of the authority.
Trai seeks stakeholder comments on changes needed to ensure fair billing for consumers
According to code of practice for metering and billing...
PIL filed in SC to constitute an independent regulatory authority to regulate electronic media
In his PIL, Delhi-based advocate Reepak Kans...
Telecom Regulatory Authority of India directs broadcasters to comply with new tariff order
Trai has sought details of all the channels and bouquets from the broadcasters by August 10th. These include name, nature, language, MRP of channels and bouquets per month. The regulator has also asked the broadcasters to amend their reference interconnect offer (RIO) in compliance with the provisions of NTO 2.0 and publish on their respective websites.
Defaulter builders: UP-Rera to issue SOPs for home buyers
UP-Rera is also looking for a government-backed auction house to trade off property secured from defaulter builders for refunding buyers though of the 65 defaulter builders, only four builders have disclosed their assets so far.
Noida: Over Rs 250 crore sops offered to 16 builders of incomplete projects
On an average, a developer will get a rebate of Rs 16.46 crore over their dues and should be in a position to pass on the benefits to 22,064 buyers who have been waiting for the past eight to nine years in the hope of getting possession.
Financial regulatory authority cites social media posts to blow a hole in the defence put up by the Big Four in IL&FS case
National Financial Regulatory Authority (NFRA) in a recent report on IL&FS Financial Services Ltd (IFIN) even posted screenshots of social media profiles of some of the audit employees which mentioned the multinational firm’s name instead of the affiliate they worked for.
Two years of UP RERA: Nearly 80% complaints in Uttar Pradesh are from NCR
After the permanent formation of UP RERA, the judicial work started on September 4, 2018. In two years, 28,020 complaints have been registered with RERA. Out of these, 20,740 are of NCR. 16,136 complaints have been disposed off from the NCR region and 4,893 complaints from the non-NCR region.
Trai Chairman RS Sharma backs infrastructure status for broadcasters
As an immediate measure, the government should also consider allowing the sharing of infrastructure in the television broadcasting sector, Sharma told ET. “Grant of infrastructure status will enable industry players including broadcasters, cable providers, and multi-system operators to raise capital.
Reduced interest rate on land dues to benefit homebuyers and developers: UP RERA
In the recommendation, UP RERA has said the dues should be recalculated as per the revised interest rate and 25% of it should be paid within three months and entire payment should be made within a year. This will also benefit state-run NBCC.
VIL drops faster speed claim in priority offering, informs Trai about filing revised plan
The company's website too is no longer touting claims of faster speeds for the pay-more-for-priority-treatment mobile plan, which had been under the Telecom Regulatory Authority of India's (Trai) scanner in the past few weeks.
Telemarketer slams Trai on faulty implementation of system to check pesky SMSes/calls
Telemarketing company Venets Media in the ongoing lawsuit with Telecom Regulatory Authority of India (Trai) has alleged that the authority in the garb of demonstrating ‘progress’ towards growing numbers of registered entities and headers has caused much damage to the entire process.
Serum Institute of India gets DCGI nod to resume clinical trial of Oxford COVID-19 vaccine
The DCGI has asked the company certain conditions like taking extra care during screening, providing additional information in informed consent and close monitoring for adverse events during follow-up of the study which has to be "scrupulously" followed by Serum Institute of India (SII).
Trai backs forming cloud service providers for light touch regulation
“The first industry body may be set up by DoT as a non-profit body under the Societies Registration Act, 1860 in a three-step process,” the telecom regulatory authority of India (trai) said in its recommendations to the department of telecommunication (DoT) issued Monday.
Raising broadband quality, speed requires holistic approach: Trai official
Telecom Regulatory Authority of India (Trai) Secretary S K Gupta said there may be a certain perception that operators are not providing good-quality broadband, but singularly blaming telecom service providers may not be a correct approach, and instead the issue calls for a "group effort".
