Ajit Gulabchand

HCC in the red on interest burden, project delays

In July-Sept, the Mumbai-based company's interest payment rose to Rs 107 crore from Rs 67 crore a year earlier. With a total debt of Rs 4,170 crore as of the end of September, its debt-equity ratio stood at 2.81.

India needs 100 Lavasas, but we'll crucify all who say so

India is urbanising at a rate where we will need 15 new cities every year for the next 20 years. Despite some illegalities, Lavasa is a pilot project to learn from.

Caught between MoEF and state, Lavasa wants PM to intervene

Ajit Gulabchand, Chairman and Managing Director of HCC, on Monday appealed to Prime Minister Manmohan Singh to intervene in the issue of Lavasa saying "gross injustice" had been done to it.

Maharashtra polls: Leading lights of corporate India cast their vote

Godrej Group chairman Adi Godrej was more vocal in rooting for the BJP, saying a saffron party victory bodes well for the state.

Lavasa: CAG indictment brings shame to Sharad Pawar

Project was driven more by private interest than public interest, the report says.

Shouldn’t Pawar keep away from Lavasa talks?

Probity in public life would demand that Pawar stay away from the Lavasa project. He ought to let the project find its own way through legal and bureaucratic hurdles.

Are PPPs the solution to Mumbai's traffic and slum problems?

A high profile panel discussed the problems of slums and traffic currently plaguing Mumbai, and attempted to suggest workable solutions at the WEF India Economic Summit.

Maharashtra takes 'credible action' against Lavasa, puts ball in MoEF court

The Maharashtra government today, through the Maharashtra Pollution Control Board (MPCB), filed a criminal complaint against 15 persons who were part of the contentious hill city project, Lavasa.

Lavasa in trouble over violation of green rules

The environment ministry has asked authorities in Maharashtra to take action against a $31 billion hillside township being developed by Hindustan Construction Co's unit Lavasa Corp.