Noida: Noida authority CEO Ritu Maheshwari on Thursday levied an overall fine of Rs 21 lakh on contractors for lack of upkeep in parks and other green belts in several sectors. The CEO carried out an inspection of various parks in residential sectors, including 62, 63, 46A, 93A, 50, 12 and green belts across sectors 93B, 105 and 108. While in some sectors, labourers were found missing, at others, garbage and horticulture waste was seen even as pruning of trees and grass was found unsatisfactory in some places.
An official said, “The contractor of Sector 50 Meghdootam park was fined Rs 5 lakh as one toilet was shut and the other had a broken door. The contractor of Sector 46A park, where only three labourers were found working, was fined Rs 6 lakh. The contractor of Express View park at Sector 93A was fined Rs 10 lakh for unsatisfactory work of pruning of grass and overall lack of sanitation.”
Leading basmati rice firm LT Foods Ltd on Wednesday reported a 2.38 per cent increase in consolidated net profit to Rs 59.73 crore for the fourth quarter of 2020-21. The company had posted a net profit of Rs 58.34 crore in the same quarter previous fiscal, it said in a regulatory filing. Net income declined on a consolidated basis to Rs 1,146.52 crore in the fourth quarter from Rs 1,218.12 crore in the year-ago period. Expenses were lower at Rs 1,058.12 crore as against 1,132.89 crore a year ago. For the full 2020-21, the company reported a 45 per cent rise in its consolidated net profit to Rs 289.07 crore, compared to Rs 199.30 crore in the preceding fiscal.