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India's F1 track, Buddh International Circuit sealed - Could be auctionedIndia's F1 track, Buddh International Circuit sealed - Could be auctioned

India's F1 track, Buddh International Circuit sealed - Could be auctionedIndia's F1 track, Buddh International Circuit sealed - Could be auctioned
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Owned by Jaypee group, the Buddh International Circuit which became the venue for the very first Formula One Indian Grand Prix has been closed by local authorities over pending land dues. To recover the dues, officials of the Yamuna Expressway Industrial Development Authority (YEIDA) intends to issue a global tender to auction the international race circuit. Apparently, Jaypee Infratech Limited has dues accounting to around Rs 600 crore.

BIC was already burdened with a lot of problems. The issues started when the UP government levied an exorbitant tax amount on JPSK (now Jaypee Sports International Limited) claiming that Formula One cannot be considered as a sport, but only as an entertainment event.

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India.com
India.com

Horoscope Today, December 5, Sunday: Gemini Will be in Limelight, Virgo Should Take Investment Advice

Horoscope Today, December 5, Sunday: Gemini Will be in Limelight, Virgo Should Take Investment Advice
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Horoscope Today, December 5, Sunday: A little sneak-peak on how your day will go does no harm. Want to know what's going to work in your favour?

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Hindustan Times

Assam journalist booked under sedition charges over article on lawyer's arrest

Assam journalist booked under sedition charges over article on lawyer's arrest
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A journalist was charged with sedition on Saturday in Assam's Silchar district, allegedly for writing an article on the arrest of lawyer Pradip Dutta Roy in a local news website, police said.


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