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The Latest Breaking News from MIDC

SBI loses original papers for property loan; court orders bank to pay Rs 5,000 per day penalty

The Bombay High Court ordered State Bank of India to pay daily compensation. This order came after the bank admitted losing original property documents deposited over two decades ago. The court rejected the bank's argument about the borrower's delay in requesting their return. Compensation will be paid daily until the…

The Economic Times

Maharashtra govt forms panel to tackle Chakan industrial belt’s infrastructure crisis

Maharashtra government formed a high-level panel to resolve infrastructure issues in Chakan. Companies threatened relocation due to potholed roads and traffic congestion problems. Deputy Chief Minister Eknath Shinde directed immediate pothole repairs and modern repair technologies. The government will provide land for essential facilities and expedite development plans. A 10-month…

The Economic Times

KOSME strengthens India entry strategy through strategic partnership with MIDC

This strategic MoU aims to facilitate Korean SMEs' entry and expansion into India, focusing on investment, human capital, and technology collaboration. The agreement is set to accelerate Korean SME growth in India's key industrial hub.

The Economic Times

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read the most diverse news in one place.

‘Undue concession’ to Reliance in Maharashtra led to Rs 41.1 cr loss: CAG

A Comptroller and Auditor General of India report has pulled up the Maharashtra Industrial Development Corporation over undue concessions in subletting charges on industrial plots. These ineligible concessions, it noted, were granted to five entities and caused a loss of Rs 48.94 crore to the exchequer, of which a lion’s…

Newslaundry

Serial housebreaker arrested in Mumbai after 11-year-old girl identifies him

MUMBAI: A thief who has never been identified or caught by the cops in and around Mumbai in the last year-and-a-half for over a dozen of house breakings in the city, this year, was finally arrested after an 11-year-old girl identified him. He had stolen away gold ornaments worth Rs2.38…

The Times of India

Political spat erupts in Maharashtra as Sena (UBT), ruling BJP trade barbs over foreign visits

Aaditya Thackeray slams Maharashtra govt. for foreign trips at taxpayers' expense, questions display of Chhatrapati Shivaji Maharaj's wagh nakh. He also criticized delay in addressing disqualification petitions & expenses of Deputy CM's Japan visit.

The Hindu

Mumbai: Man Dies After Assaulted By Brothers, Their Wives Over Property Dispute; Wife Alleges Murder

A man in Mumbai's Jogeshwari died after he was allegedly assaulted by his two younger brothers and their wives. Read further on Dynamite News:

Dynamite News

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NGT asks 100 industrial units in Maharashtra to pay ₹186 crore compensation for water pollution; raps ED, MPCB

The amount shall be utilised for the restoration of environment and healthcare activities of people in the area under the guidance and supervision of a committee, it said

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