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All municipalities build drains and sewers. Many run crematoria, hospitals and primary schools too. But, globally, nowhere does a civic corporation also operate an intricate electricity supply system with 8,20,000 consumers, a fleet of 3,400 buses carrying 45 lakh passengers every day, Asia’s largest urban water supply network, colleges ...

A single-storey house at 3 Tilak Marg has just been bought for Rs 100 crore, continuing the scorching pace of ultra-expensive real-estate deals in the coveted centre of the Capital. The acquisition was confirmed on Tuesday night by Abhay Oswal, managing director of Oswal Chemicals & Fertilizers Ltd., who acquired the property on behalf of his ...

Economic Times :NEW DELHI Rajan Sharma bought 4,000 square feet (372 square metres) of office space on the outskirts of India's capital, New Delhi, for Rs 2,900 ($65) a square foot in 2002 and hasn't stopped grinning since. Four years later, the 42-year-old consultant regularly gets offers more than three times the price he ...