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PM’s Nagpur visit cancelled over heavy rain forecast

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Nagpur: Prime Minister Narendra Modi’s Saturday go to Nagpur has been cancelled as a consequence of heavy rain alert. The Prime Minister, nonetheless, would go to Mumbai and Aurangabad, officers stated on Friday.

PM Modi was scheduled to go to Nagpur, Mumbai and Aurangabad on Saturday to inaugurate a number of infrastructure tasks, meant to spice up the Bharatiya Janata Social gathering’s prospects in poll-bound Maharashtra.

He was to put basis stone for a Metro coach manufacturing unit in Nagpur and a Maharashtra Metro Rail Company (MMRCL) venture to attach Nagpur with Wardha, Ramtek and Bhandara.

He’ll inaugurate Bandongri Metro Station, Kandivali East, and a contemporary Metro coach, the primary to be produced below ‘Make in India’. He may even launch a model imaginative and prescient doc for the Maha Mumbai Metro.

In Aurangabad, PM Modi will deal with a state-level Mahila Saksham Melava, being organised by the Maharashtra State Rural Livelihood Mission.

He’ll lay the muse stone for a bit of the Delhi-Mumbai Industrial Hall, and inaugurate the AURIC Corridor or the headquarters of the futuristic Aurangabad Industrial Township.

It is described as India’s first Greenfield good industrial metropolis arising on over 10,000 acres in Marathwada as a part of DMIC, being developed collectively with the Maharashtra Industrial Improvement Company (MIDC).

Chief Minister Devendra Fadnavis, state BJP chief Chandrakant Patil, central and state ministers and different social gathering officers are anticipated to attend the features.

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Hyderabad based GVK Group reportedly under government scanner

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Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

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