New Delhi: The Supreme Court on Friday asked the Jaypee Group to deposit 25 per cent of all its receipts from the sale of Formula One tickets into a separate account. However, the apex court delayed a decision on whether the group was rightfully given exemption on entertainment tax by the Uttar Pradesh government. The Supreme Court had on Tuesday sought explanation from the Uttar Pradesh government for granting tax...
02:08 PM, Oct 21, 2011
New Delhi: India's Formula One ambition has hit its first hurdle just two weeks ahead of the first Indian Grand Prix. The Supreme Court sought explanation from the Uttar Pradesh government for granting tax exemption to Jaypee group, the company organising Formula 1 event in Greater Noida. A bench headed by Justice D K Jain also issued notice to Jaypee Group, organiser of the sporting event, and asked them to...
03:13 PM, Oct 18, 2011
Noida: Barely two weeks to go for the Formula One Race to kickstart in India, the hotels around the race track are all fully booked. From customised services for all the F1 teams to specially designed menus, the tourism industry hopes that this will certainly boost India's image globally. The National Capital Region is gearing up for sporting action of a different kind exactly a year after the Commonwealth Games....
10:49 AM, Oct 18, 2011
New Delhi: A fortnight before the country's first F1 race, the farmers who lost their land to the project are up in arms. They held a Maha Panchayat on Sunday and issued an open letter to CM Mayawati, threatening to disrupt the F1 race if their demands are not met. A USD 400 million project to build one of the world's most challenging motor sports tracks, India is now on...
07:18 PM, Oct 17, 2011
Noida: Jaypee Sports International (JPSI), the organiser of India's first Formula One race, to be held in Greater Noida on October 30, has come under the lens of the Enforcement Directorate (ED), which wants to know the source of funds for the sports event. The ED has issued JPSI several notices, the last on September 27 which has been accessed by CNN-IBN. The notice seeks details of the FEMA and...
06:51 PM, Oct 14, 2011
Jaypee University in Noida is also in the HRD Ministry's hit list. ...
01:13 PM, Jan 28, 2010
Meet one of the best women chefs in the hotel industry in India. ...
04:48 PM, Dec 12, 2009
Tendulkar recalled valuable lessons in life and cricket that have moulded him. ...
10:21 PM, Apr 14, 2009
Jaypee Greens is giving away a luxury car on purchase of property. ...
09:11 AM, Oct 14, 2008
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