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Akshaya awarded 'DA3+' rating by CRISAL

Chennai, Dec 27 (UNI) Akshaya Homes Private Limited has been awarded 'DA3+' rating by CRISIL for the firm's track record in executing real estate projects as per specified quality levels and adhering to timely schedules.

The 'DA3+' rating has been achieved by Akshaya for its continued customer-focused initiatives and improving financial risk profile, a company release said here today.

The initiatives, include promoting customer awareness, providing assistance in customer documentation, adopting transparency in its practices with customers, and undertaking post-sale maintenance of buildings.

Its financial risk profile has improved steadily due to increasing scale of operations and high operating margins. Akshaya focuses on factors such as improving net worth, sound development strategies, significant growth in land bank lend flexibility, extent of debt funding of projects and timely completion of projects to pursue ambitious growth plans, the release added.

UNI

Trial proceedings in Salman's hit-and-run case adjourned

Mumbai, Dec 27 (UNI) A local court today adjourned the trial proceedings in the hit-and-run case involving Bollywood actor Salman Khan till January 17 next year. The Metropolitan Magistrate at Bandra court adjourned the proceedings following absence of public prosecutor for the examination-in-chief of investigating officer, Kesarkar. Now, the investigating officer will be examined on January 17. Khan had allegedly rammed his vehicle into a bakery on September 28, 2002 at Pali Hill road, Bandra, killing one person and.....

3 senior IPS officers accused of framing builder

Mumbai, Dec 27 (UNI) Three senior IPS officers have been accused of forcing their juniors to record and file a false case against a city-based builder. Builder and developer Rajendra Chaturvedi was arrested by Juhu Police on charges of trying to eliminate a rival builder Rashmikant Shah of Vijay Group last year. State CID Chief S P C Yadav told journalists that the junior officers PSI Ramesh Sawant and other constables have accepted that they filed a false case against Chaturvedi.....

Youth commits suicide after killing one, wounding lady love

Jaunpur, Dec 27 (UNI) A youth allegedly committed suicide after critically wounding two persons, including his paramour, in Singramau area here last evening, police today said. One of the wounded succumbed in hospital this evening. The incident occurred last evening in Firozpur village, where Ashvani Shukla (23) shot at Mamta (20) of the same village. Surya Narayan Mishra (50) also sustained bullet wounds, when he tried to intervene, police added. Later, Ashvani shot himself. The trio were rushed to hospital in.....
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