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Margaret Reichenbach and her husband encountered relentless challenges from their neighbors throughout their home construction project in Massachusetts. After a prolonged legal struggle, they secured a $3.7 million verdict for damages. The Massachusetts Appeals Court affirmed the ruling, citing ample evidence of harassment and intrusion. The Reichenbachs' victory also includes a permanent injunction against further neighbor harassment, finally allowing them peace in their home. View More
In the divorce proceedings between Vernon and Nichole McIntosh, the court mandated a substantial division of assets following Vernon's misappropriation of funds. Nichole is awarded 55 percent of the marital estate, amounting to over $138,000. The trial established that Vernon hid and mismanaged marital assets during the divorce. Properties purchased during their marriage will be sold, with net proceeds evenly distributed. Vernon must also cover Nichole's attorney fees. View More
Jacob's journey from growing a few plants during the pandemic to running a business with thousands of plants highlights how a childhood interest has developed into an entrepreneurial venture with an expanding customer base. View More
The commission found that the bank had failed to produce records establishing that the locker had been properly surrendered or that its contents had been returned. It rejected the bank’s claim that the locker had been surrendered several years ago, noting that locker rent continued to be debited even years later. View More
Balrampur Chini Mills plans to start commercial production at its Rs 3,100-crore bio-plastic plant next quarter. The company has invested around Rs 2,400 crore in the project so far, with expectations for significant future revenue. This plant will produce Poly Lactic Acid bioplastics from renewable resources such as sugarcane and corn starch. In addition, the company reported a 90 percent increase in net profit in the last quarter. View More
New Delhi: Sugar firm Balrampur Chini Mills Ltd expects its Rs 3,100-crore bio-plastic plant in Uttar Pradesh to start commercial production in the next quarter of this fiscal, a top company official said. Kolkata-headquartered Balrampur Chini Mills, which has 10 sugar factories in Uttar Pradesh, is setting up a Poly Lactic Acid (PLA) plant of 80,000 tonnes per annum capacity at a cost of Rs 3,080 crore. Also Read: Why are Kraft paper prices rising in India? Corrugated box makers face 25% cost surge "The progress of the 80,000 tonnes per annum PLA plant remains largely on track. We expect the plant to commence commercial operations in Q4FY27. Construction activities are progressing at full pace, and the project continues to advance in line with our execution plans," the company's CMD Vivek Saraogi said in the latest investor presentation. Till October 15, 2026, the company has already spent around Rs 2,400 crore on this upcoming plant. Live Events Also Read: Paper mills seek PM’s intervention as coal costs surge 50% in two months Balarampur Chini is funding this capital expenditure through a mix of equity, debt and internal accruals. At full capacity, the company is expecting an annual revenue of Rs 2,000 crore, the presentation said. Balrampur Chini reported a total revenue of around Rs 6,300 crore during the 2025-26 financial year. The company is also eligible to get incentives under the Bio Plastic Industrial Policy announced by the UP government in October 2024, its Executive Director Avantika Saraogi had said earlier. Poly lactic Acid (PLA) bioplastics are made from renewable plant resources such as sugarcane, corn starch, tapioca roots and other plant-based feedstocks. The process of extracting PLA involves fermentation and polymerisation, breaking down naturally without leaving toxic residues. Balrampur Chini Mills is one of the largest sugar companies in India. The company's allied businesses comprise distillery operations and power cogeneration. The company has 10 sugar factories located in UP with a total sugarcane crushing capacity of 80,000 tonnes per day. It has a distillery and cogeneration operations of 1,050 kilolitre per day and 175.7 MW (saleable), respectively. As part of the expansion plan, the company recently announced the setting up of a lactogypsum processing plant in UP for Rs 160 crore. Last week, Balrampur Chini Mills reported a 90 per cent increase in its consolidated net profit to Rs 102.29 crore for the quarter ended September. Its net profit stood at Rs 53.89 crore in the year-ago period. Total income rose to Rs 1,909.84 crore in the second quarter of the current fiscal from Rs 1,679.49 crore in the corresponding period of the preceding financial year. During the April-September period of the 2026-27 fiscal, the company's profit increased to Rs 146.43 crore from Rs 105.46 crore in the year-ago period. Total income grew to Rs 3,561.55 crore in the first half of this fiscal from Rs 3,228.07 crore in the corresponding period of the preceding financial year. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
FPI holdings in FAR government securities rose to ?3.65 lakh crore on November 9, supported by a stronger rupee and easing bond yields. View More
The National Stock Exchange has appointed Padma Bhushan awardee Hafeez Contractor to design its proposed headquarters in Mumbai's Bandra Kurla Complex. From DLF Cyber City to DY Patil Stadium, here's a look at the architect's career, landmark projects and achievements. View More