New Delhi, July 24 (IANS) Shares of India’s largest private sector lender, HDFC Bank, fell more than 1 per cent in early trade on Friday after three US law firms announced separate investigations into whether the bank may have violated federal securities laws.The investigations were announced by the Law Offices of Howard G. Smith, the Law Offices of Frank R. Cruz and Glancy Prongay Wolke & Rotter through separate press releases.According to the law firms, the investigations are focused on wh…
Latest Maharashtra State Road Development Corporation News & Updates
Pune, July 18 (IANS) Chief Minister Devendra Fadnavis on Saturday announced that Pune is on track to become a premier global hub for Deep Tech and Global Capability Centres (GCCs), positioning itself as the country’s leading modern city and “Growth Engine” by 2030. Speaking at the foundation stone‑laying ceremony for three major elevated corridor projects, Pune–Shirur, Talegaon–Chakan–Shikrapur, and Hadapsar–Yavat, at the Ganesh Kala Krida Manch, the Chief Minister emphasised the…
Mumbai, July 10 (IANS) The Comptroller and Auditor General (CAG) of India has raised serious concerns over Maharashtra’s fiscal transparency, revealing that the state’s off-budget borrowings surged to Rs 28,325 crore by the end of the 2024–25 fiscal year. According to the latest State Finances Audit Report, these multi-crore liabilities were excluded from the state’s official budget documents, thereby understating its total debt burden and bypassing legislative oversight. The audit findings co…
Mumbai, July 6 (IANS) The Maharashtra State Road Development Corporation (MSRDC) on late Monday evening announced that traffic has resumed on the Pune-Mumbai Missing Link Road on the Mumbai-Pune Expressway. Vehicular movement has been restored after completion of extensive safety operations.CM Fadnavis, in his post on X, said, “Traffic is resumed at the “Connecting Link”; vehicular movement is restored. Government is trying its best. Stay safe, everyone!”Despite relentless monsoon conditions…
Mumbai, July 6 (IANS) Opposition parties on Monday slammed the Maharashtra government over the disruption in traffic on the Mumbai Pune Expressway after a massive landslide on the newly inaugurated Khopoli-Kusgaon Missing Link section.The Shiv Sena (UBT), Congress and NCP (SP) have accused the Mahayuti government of corruption, saying that the public will not forgive it.Shiv Sena (UBT) leader Aaditya Thackeray alleged, “Corruption is the first name of the BJP and Shinde faction, be it in the roa…
Mumbai, July 3 (IANS) The construction of the Virar-Alibaug Multimodal Corridor, a high-stakes infrastructure project handled by the Maharashtra State Road Development Corporation (MSRDC), is set for a major push. In a significant move to bypass forest clearance bottlenecks, the state revenue department has approved the transfer of 30 hectares of government land in Chandigaon, located in the Dahanu taluka of Palghar district, to the Forest Department.The corridor aims to establish a seamless, di…
Mumbai, May 27 (IANS) HDFC Bank on Wednesday dismissed allegations linked to alleged payment irregularities involving Rs 45 crore, saying assumptions of wrongdoing based on selective material were misplaced and that all matters are handled in accordance with established internal processes.The private lender asserted that the bank follows robust internal oversight, audit and control processes.“We strongly reject any assumptions of wrongdoing or culpability based on selective material. All issue…
Mumbai, March 13 (IANS) Industries Minister Uday Samant on Friday said in the Legislative Assembly that Maharashtra continues to be the premier destination for investment in India. Responding to a proposal under Rule 293, the Minister revealed that the state has secured Memorandums of Understanding (MoUs) worth over Rs 31 lakh crore during the 2026 World Economic Forum in Davos.For the third consecutive year, Maharashtra has maintained its top position in attracting Foreign Direct Investment (FD…
Mumbai, Feb 4 (IANS) Deputy Chief Minister Eknath Shinde on Wednesday took serious note of the massive traffic jam caused by the accident of a gas tanker at Borghat on the Mumbai-Pune Expressway and the inconvenience caused to motorists. He has directed the state-run Maharashtra State Road Development Corporation (MSRDC) and the police to prepare a special emergency traffic plan for the Mumbai-Pune Expressway to ensure that such incidents do not recur in the future.The gas tanker overturned at 5…