Noida

Authorities in Noida have dismantled a fraudulent operation run by six men from West Bengal, who allegedly set up and operated a fake police station to extort money from unsuspecting individuals. The group is accused of impersonating law enforcement officers, complete with forged documents, uniforms, and fabricated case files.

Esri India Technologies has launched a state-of-the-art Geographic Information System (GIS) and Artificial Intelligence (AI) Competency Centre in Noida, backed by a planned investment exceeding Rs. 150 crore over the next five years. The initiative aims to drive advancements in GeoAI—the convergence of AI and geospatial intelligence—to support data-driven decision-making across industries. The facility will house AI specialists, data scientists, and GIS professionals developing next-generation geospatial analytics.

Malabar Gold & Diamonds has reached a significant milestone by launching its 400th showroom in Noida, Uttar Pradesh, reinforcing its status as one of the world’s largest jewellery retailers. With operations spanning 13 countries and a current annual turnover of Rs. 63,000 crore, the company now aims to increase its revenue to Rs. 78,000 crore by March 2026. The Kerala-based firm plans to open 60 new showrooms this fiscal year and expand into 15 countries, 22 Indian states, and three Union Territories. Backed by a Rs.

Amber Enterprises is set to invest Rs. 6,000 crore in a state-of-the-art electronics manufacturing complex near the Noida International Airport in Jewar, Uttar Pradesh. The investment, announced by state industrial development officials, marks a significant stride in the region's push to become a high-tech manufacturing hub. Spread over 100 acres in Sector 8 along the Yamuna Expressway, the facility will focus on printed circuit board (PCB) assembly, consumer electronics, and home appliances.

India’s semiconductor sector received a significant boost with the inauguration of Renesas’ new design centre in Noida, marking the start of chip design for the world’s smallest 3-nanometer chips. Union Minister Ashwini Vaishnaw addressed investor confidence in India’s economy and policy, citing continued interest despite recent geopolitical tensions with Pakistan. Renesas also revealed plans to expand its Indian workforce and set ambitious revenue targets, underlining the country’s growing importance in the global semiconductor industry.

A powerful storm struck Delhi and Noida in the evening, accompanied by intense rain, gusty winds reaching up to 79 km/h, and hail, causing widespread disruption. The tempest uprooted trees, toppled hoardings, triggered extensive waterlogging, and led to power outages across multiple localities. The storm severely affected traffic flow, grounded flights, and stranded metro commuters for hours. Tragically, a fatality occurred when an electric pole collapsed on a pedestrian near the Lodhi Road flyover.

NBCC (India) Ltd, a state-owned construction and real estate entity, has successfully sold 446 residential units in Noida, Uttar Pradesh, raising approximately Rs. 1,468 crore through an e-auction process. The sale pertains to Aspire Silicon City Phase-IV in Sector 76 and marks a crucial financial milestone in the government-led initiative to revive stalled Amrapali Group housing projects. Acting under the Supreme Court’s directive, NBCC is overseeing the completion of over 38,000 unfinished homes.

Swiggy, a leading food and grocery delivery platform in India, has recently been issued a profession tax assessment order amounting to Rs 7.59 crore by the Office of the Profession Tax Officer, Pune. The order pertains to the period from April 2021 to March 2022 and alleges a violation of the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975. Specifically, Swiggy is accused of failing to appropriately deduct profession tax from its employees' salaries.