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<keyword id="155922" type="UNKNOWN" weightage="40" keywordseo="Google-Street-View">Google Street View</keyword> executives might be crashing cars into buses in <keyword id="8692" type="COUNTRY" weightage="40" keywordseo="Indonesia">Indonesia</keyword> and making the headlines for the wrong reasons. But in India, they are in news for the right ones. <keyword id="6355629" type="CITY" weightage="80" keywordseo="Google">Google</keyword> has entered into an alliance with the <keyword id="6355180" type="ORGANIZATION" weightage="40" keywordseo="Archaeological-Survey-of-India">Archaeological Survey of India</keyword> (ASI) to create panoramic 360 degree views of 100 popular and famous monuments of India. 
 This has been done in various other countries across the globe and has proved to be fruitful for both Google and its users. Google will create virtual walkthroughs of monuments such as the <keyword id="6355354" type="PERSON" weightage="40" keywordseo="Taj-Mahal">Taj Mahal</keyword>, the Qutub Minar and the caves of Ajanta and Ellora. The list has not been finalised yet, but the <keyword id="101796" type="ORGANIZATION" weightage="40" keywordseo="Ministry-of-Culture">Ministry of Culture</keyword> will do that soon. With this move, people from all over the country and across the world would be able to tour through those famous monuments with ease in the virtual world. 
 Google’s Street View Trekker will be used to create the virtual walkthroughs. The search giant has already created walkthroughs of places such as the Grand Canyon in the US and the <keyword id="36539" type="ORGANIZATION" weightage="40" keywordseo="eiffel-tower">Eiffel Tower</keyword> in <keyword id="6354785" type="COUNTRY" weightage="40" keywordseo="France">France</keyword>. The Indian monuments will be an interesting addition for the world to watch and appreciate.

Google Will Soon Give You Wall-To-Wall View Of 100 Indian Monuments

<keyword id="6984075" type="General" weightage="20" keywordseo="NSE-Indices" source="Orion">NSE Indices</keyword> Ltd, an arm of the <keyword id="53581" type="General" weightage="80" keywordseo="national-stock-exchange" source="Orion">National Stock Exchange</keyword> (<keyword id="6354646" type="General" weightage="20" keywordseo="NSE" source="Orion">NSE</keyword>), on Tuesday, launched the country's first-ever Real Estate Investment Trusts and Infrastructure Investment Trusts index - Nifty <keyword id="11931834" type="General" weightage="20" keywordseo="REITs" source="Orion">REITs</keyword> and <keyword id="17097508" type="General" weightage="20" keywordseo="InvITs-index" source="Orion">InvITs Index</keyword>. The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE, the exchange said in a statement. A real estate investment trust (REIT) or an infrastructure investment trust (InvIT) is an investment vehicle that owns revenue-generating real estate or infrastructure assets. REITs invest in real estate projects, whereas InvITs invest in infrastructure projects with a long gestation period. Through these trusts, investors get exposure to diversified regular income-generating real estate and infrastructure assets. "REITs and InvITs are recognised as strong alternative financial instruments to raise funds against the cash generating infrastructure and real estate projects. For investors, these instruments provide exposure to real estate or infrastructure assets and offer diversification of risk from regular asset classes like equity, debt and gold and generate regular income," NSE Indices CEO Mukesh Agarwal said. The weights of securities within the index will be based on their free-float market capitalisation, subject to a security cap of 33 per cent each, and the aggregate weight of the top three securities is capped at 72 per cent. The Nifty REITs and InvITs index has a base value of 1,000 and the index will be reviewed and rebalanced on a quarterly basis. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/bcci-to-spend-rs-500-crore-to-upgrade-five-major-stadiums-ahead-of-world-cup/articleshow/99406322.cms">BCCI to spend Rs 500 crore to upgrade five major stadiums ahead of World Cup</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/space/news/a-giant-asteroid-the-size-of-qutub-minar-to-pass-dangerously-close-to-earth-at-30-times-the-speed-of-sound/articleshow/99406843.cms">Just Look Up: Giant asteroid the size of Qutub Minar to pass dangerously close to Earth</a>

NSE Indices launches India's first-ever REITs and InvITs index

To bring transparency in expenses and curb mis-selling, markets regulator SEBI has asked alternative investment funds (<keyword id="1006423" type="General" weightage="100" keywordseo="aifs" source="Orion">AIFs</keyword>) to provide an option of "direct plan" for investors and introduced a trail model for distribution commission. In addition, the regulator came out with guidelines with respect to excluding an investor from an investment in <keyword id="161906" type="General" weightage="80" keywordseo="aif" source="Orion">AIF</keyword>. This came after the regulator observed inconsistency and lack of adequate disclosure in Private <keyword id="17098646" type="General" weightage="50" keywordseo="placement-memorandum" source="Orion">Placement Memorandum</keyword> (PPM) with respect to certain industry practices. The new rules are aimed at providing flexibility to investors for investing in AIFs, bringing transparency in expenses and curbing mis-selling, the <keyword id="6355630" type="General" weightage="50" keywordseo="securities-and-exchange-board-of-india" source="Orion">Securities and Exchange Board of India</keyword> (SEBI) said in two separate circulars. The framework pertaining to the direct plan will come into force from May 1, while those related to excluding an investor from an AIF investment will become effective immediately. Directing AIFs, SEBI said,"schemes of AIFs shall have an option of 'Direct Plan' for investors" and through such direct plans, investors will have the opportunity to participate in an AIF without having to pay any distribution fee or placement fee. AIFs will have to ensure that investors who approach the AIF through a registered intermediary, which is separately charging the investor any fee such as an advisory fee or portfolio management fee, are on-boarded through a direct plan only. Introducing a trail model for distribution commission, SEBI said that category III AIFs would charge distribution fee from investors only on an equal trail basis. It means no upfront distribution fee would be charged by such AIFs directly or indirectly from their investors. Further, any distribution charge paid would be only from the management fee received by the managers of such category III AIFs. For other two categories, AIFs may pay up to one-third of the total distribution fee to the distributors on upfront basis, and the remaining distribution fee would be paid to the distributors on equal trail basis over the tenure of the fund. Also, SEBI asked AIFs to disclose distribution fees to the investors at the time of on-boarding. The capital markets regulator has already barred upfront commissions for portfolio management services and mutual funds. Upfront commission is a one-time payment made by a fund to a distributor on selling a scheme to an investor. Trail commission, on the other hand, is a recurring fee paid to a distributor until the investment is withdrawn. With regard to excusing or excluding an investor, SEBI said that an AIF may excuse its investor from participating in a particular investment in certain circumstances. Those circumstances include if an investor, based on the opinion of a legal professional, confirms that its participation in the investment opportunity would be in violation of rule; or if the investor, as part of an agreement signed with the AIF, had disclosed to the manager that its participation in such investment opportunity would be in contravention to the internal policy of the investor. Further, the manager will have to ensure that terms of such agreement with the investor include reporting of any change in the disclosed internal policy, to the AIF, within 15 days of such change. Moreover, an AIF may exclude an investor from participating in a particular investment opportunity, if the manager of the AIF is satisfied that the participation of such investor in the investment opportunity would lead to the scheme of the AIF being in violation of rule or would result in material adverse effect on the scheme of the AIF. If the investor of an AIF is also an AIF or any other investment vehicle, such investor may be partially excluded from participation in an investment opportunity, to the extent of the contribution of the investment vehicle's underlying investors who are to be excused from such investment opportunity. The manager will have to record the rationale for such exclusions along with the supporting documents. In February 2020, the regulator introduced a template for PPM for AIFs, in order to ascertain that a certain minimum level of information in a simple and comparable format is disclosed to investors. The PPM template provides for disclosure with respect to direct plan for investors, and constituents of fees that may be charged by the AIF, including distribution fee. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/space/news/a-giant-asteroid-the-size-of-qutub-minar-to-pass-dangerously-close-to-earth-at-30-times-the-speed-of-sound/articleshow/99406843.cms">Just Look Up: Giant asteroid the size of Qutub Minar to pass dangerously close to Earth</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/nse-indices-launches-indias-first-ever-reits-and-invits-index/articleshow/99407069.cms">NSE Indices launches India's first-ever REITs and InvITs index</a>

SEBI asks AIFs to provide "direct plan" option to investors; introduces trail model for distribution commission

<ul><li><keyword id="66" type="LOCATION" weightage="20" keywordseo="Delhi">Delhi</keyword>’s Chief Minister, <keyword id="260213" type="PERSON" weightage="20" keywordseo="Arvind-Kejriwal">Arvind Kejriwal</keyword>, inaugurated the ‘<keyword id="6414374" type="UNKNOWN" weightage="20" keywordseo="signature-bridge">Signature Bridge</keyword>’ on 4 November and it will be open to the public starting today. </li><li>Being pegged as <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>’s ‘<keyword id="36539" type="ORGANIZATION" weightage="20" keywordseo="eiffel-tower">Eiffel Tower</keyword>’, the structure is actually supposed to emulate the gesture of saying ‘Namaste’. </li><li>The bridge is expected to reduce the travel time to ten minutes for a journey that would ordinarily take at least forty-five minutes to complete. </li></ul>New Delhi’s ‘Signature Bridge’ was <a href="https://www.hindustantimes.com/delhi-news/delhi-s-signature-bridge-opens-for-public-today-after-controversial-inauguration/story-ceCTpfAsoQg9VAetmULYlJ.html">inaugurated</a> on Sunday and is being pegged as the national capital’s own Eiffel Tower. But, more than the Paris’ iconic monument, the pylon structure was meant to <a href="https://www.indiatoday.in/education-today/gk-current-affairs/story/signature-bridge-delhi-facts-arvind-kejriwal-1382670-2018-11-05">emulate</a> the gesture of saying ‘Namaste’, which is a customary Hindu greeting. <div type="javascript" title="Custom" contenttype="Text"><cdata><![CDATA[
 
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 The ‘Signature Bridge’ stretches across the city’s main river, the Yamuna, connecting the eastern end of the city to the western end. The aim is to decongest the roads and help daily commuters that usually have to endure arduous traffic jams. In fact, the journey from the outskirts of the city to the centre normally takes 45 minutes. But, with the bridge, the Indian government is claiming that the transit time will likely be cut down to just 10 minutes instead. Moreover, the bridge would save on the fuel consumption and help contain the capital’s abysmal <a href="https://www.businessinsider.in/clean-air-week-india-to-deploy-emergency-measures-for-controlling-air-pollution/articleshow/66446663.cms">air quality.</a> But, in its likeness to the Eiffel Tower, there’s a glass box on top of the bridge at 154 meters that serves as the viewing gallery. There are four elevators that can bring people up to box, which in turn, can support up to 50 visitors at one time. Unfortunately, the viewing gallery hasn’t quite been completed yet, which is why the Delhi Tourism and Transport Development Corporation (DTTDC) will close the bridge for a couple of hours (11 PM to 5AM) for a month following Diwali, one of India’s most iconic Hindu festivals. Even if you can’t go up to the gallery, there are designated selfie spots to stop and pose for pictures along the 575-meter bridge. Creating a ‘civil engineering spectacle’ Inaugurated by the city’s Chief Minister (CM) and Deputy CM, Arvind Kejriwal and <keyword id="6354681" type="PERSON" weightage="20" keywordseo="manish-sisodia">Manish Sisodia</keyword>, the ‘<a href="https://www.hindustantimes.com/delhi-news/delhi-s-eiffel-tower-signature-bridge-over-yamuna-inaugurated/story-e0kdeOLcKSoCH18mu6OIlN.html">civil engineering spectacle</a>’ was originally meant to launch fourteen years ago. That’s an unreasonable amount of time even taking into consideration that infrastructure projects don’t normally run on dedicated deadlines in India. It took <a href="https://www.hindustantimes.com/delhi-news/delhi-s-signature-bridge-opens-for-public-today-after-controversial-inauguration/story-ceCTpfAsoQg9VAetmULYlJ.html">₹15.18 billion</a> to finally open the bridge to the public with Kejriwal claiming that Delhi’s newest tourist spot would attract, not only local but international visitors. He added that the Signature Bridge will be at par with the Qutub Minar and India Gate with respect to its popularity. The new landmark is already twice the height of the former.

The Indian capital’s new ‘Eiffel Tower’ is supposed to a be structure that says ‘Namaste’

The Supertech <keyword id="396781" type="General" weightage="100" keywordseo="twin-towers" source="Orion">Twin Towers</keyword> in Noida were blown to bits earlier this week. It collapsed to the ground within 12 seconds like a house of cards and turned into rubble. But its story doesn’t end there. <div type="image" title="The Supertech Twin Towers in Noida were blown to bits earlier this week" msid="93936515" hostid="261" caption="&amp;lt;p&amp;gt;The Supertech Twin Towers in Noida were blown to bits earlier this week&amp;lt;/p&amp;gt;"></div> As India saw its largest <keyword id="6367653" type="General" weightage="20" keywordseo="demolition" source="Orion">demolition</keyword> to date, a sea of dust enveloped the neighbourhood as the mangled iron dropped to the ground. The <a href="https://twitter.com/ANI/status/1563814230070947840">demolition</a> followed an <a href="https://www.businessinsider.in/thelife/news/two-high-rise-apartment-buildings-that-were-constructed-illegally-have-been-blown-up-by-authorities-in-india/articleshow/93838929.cms">order </a>from the Supreme Court last year after a lengthy legal battle. The towers were found to have violated multiple building regulations and fire safety norms. The nearly 100-metre-high Twin Towers, taller than the city’s Qutub Minar, stood tall in the Emerald court compound for years and it has now left behind<a href="https://www.reuters.com/world/india/families-near-indian-skyscraper-demolition-site-vacate-homes-2022-08-28/"> 80,000</a> tonnes of <keyword id="44114" type="General" weightage="20" keywordseo="debris" source="Orion">debris</keyword> for the authorities to deal with. <div type="image" title="The towers were found to have violated multiple building regulations and fire safety norms" msid="93936523" hostid="261" caption="&amp;lt;p&amp;gt;The towers were found to have violated multiple building regulations and fire safety norms&amp;lt;/p&amp;gt;"></div> How vast is the sea of debris? The unoccupied Apex and Ceyane towers with 32 and 29 storeys respectively turned into 35,000 cubic metres of rubble, approximately 80,000 tonnes. Before the big blast, all walls and brickwork had been removed, leaving only the concrete exterior. The two towers had 915 flats in total and Supertech stood to have <a href="https://www.businessinsider.in/thelife/news/two-high-rise-apartment-buildings-that-were-constructed-illegally-have-been-blown-up-by-authorities-in-india/articleshow/93838929.cms">made </a>₹1,200 crore if all were sold. What happens to the leftovers? As per the <a href="https://www.ndtv.com/india-news/india-has-joined-100-metre-building-demolition-club-foreign-brain-behind-noida-twin-tower-success-3295459">Edifice’s debris management plan</a>, around 50,000 tonnes of the debris has been absorbed in the basements of the erstwhile towers and the remaining of it would be disposed of in 90 days. Some of it will be reused and recycled. As per media <a href="https://www.businessinsider.in/thelife/news/two-high-rise-apartment-buildings-that-were-constructed-illegally-have-been-blown-up-by-authorities-in-india/articleshow/93838929.cms">reports</a>, the demolition cost ₹20 crore, a quarter of which will be borne by builders Supertech. Not only did the demolition need a huge investment, but it would also affect the environment. Aftermath of <keyword id="12258952" type="General" weightage="20" keywordseo="Twin-Towers-demolition" source="Orion">Twin Towers demolition</keyword>: High water consumption and air pollution The Ramky group has started the cleaning work to remove the dust and soil accumulated on the ground. Over <a href="https://weather.com/en-IN/india/news/news/2022-08-30-45-lakh-litres-water-used-after-noida-twin-tower-demolition">450 tankers of water </a>have been used to make neighbouring <keyword id="4838195" type="General" weightage="80" keywordseo="supertech-emerald" source="Orion">Supertech Emerald</keyword> and ATS societies dust-free. Approximately 45 lakh litres of water has been <a href="https://weather.com/en-IN/india/news/news/2022-08-30-45-lakh-litres-water-used-after-noida-twin-tower-demolition">sprayed </a>to control the dust with anti-smog guns. The dust has gathered on trees, windowpanes and roads. If the cleaning work is delayed, this dust could <a href="https://weather.com/en-IN/india/news/news/2022-08-30-45-lakh-litres-water-used-after-noida-twin-tower-demolition">lead </a>to eye irritation, respiratory problems and skin diseases. The Indian authorities used 3,700 kilos or 8,100 pounds of<a href="https://www.businessinsider.in/thelife/news/two-high-rise-apartment-buildings-that-were-constructed-illegally-have-been-blown-up-by-authorities-in-india/articleshow/93838929.cms"> explosives</a> that included solar coal, electric detonators, shock tubes and emulsions. The gunpowder used in this blast, and cement particles are also scattered in the air. As per Central Pollution Control Board (CPCB), in Delhi, <a href="https://timesofindia.indiatimes.com/city/delhi/construction-dust-open-waste-dumping-top-polluting-activities/articleshow/67445201.cms">construction </a>dust is a top polluter. After the demolition of the Twin Towers, on August 28, Noida’s air quality was marked in yellow, which means it was of poor quality that caused breathing discomfort to people with lungs, heart diseases and asthma. As per the report, very small particles found in dust and smoke (PM10), and fine particulate matter (PM2.5) were the prominent pollutants in Noida. <div type="image" title="Air Quality Index in Noida after Twin Towers demolition" msid="93936580" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;em&amp;gt;Air Quality Index in Noida after Twin Towers demolition &amp;lt;/em&amp;gt;&amp;lt;/p&amp;gt;"></div> What are India’s rules on construction and demolition waste management? Inadequately managed waste disposal can affect the environment. In a bid to repurpose urban waste, the <a href="https://cpcb.nic.in/openpdffile.php?id=TGF0ZXN0RmlsZS8xNTlfMTQ5NTQ0NjM5N19tZWRpYXBob3RvMTkyLnBkZg">Centre </a>released rules and regulations to handle construction and demolition waste in 2016. As per the <a href="https://cpcb.nic.in/openpdffile.php?id=TGF0ZXN0RmlsZS8xNTlfMTQ5NTQ0NjM5N19tZWRpYXBob3RvMTkyLnBkZg">Construction and Demolition</a> (C &amp; D) Waste Management Rules, 2016, authorities are required to use recycled products in the best possible manner and make provision for giving incentives for use of material made out of construction and demolition waste in the construction activity including in non-structural concrete, paving blocks, lower layers of road pavements, colony and rural roads. <a href="https://cpcb.nic.in/displaypdf.php?id=d2FzdGUvQyZEX3J1bGVzXzIwMTYucGRm">CPCB </a>norms include segregating construction debris into steel, concrete and iron and depositing it at a collection centre, a ban on dumping them in the open or on the road, and the mandatory use of water sprinklers to suppress dust and, thereby, pollution. Every waste generator is <a href="https://cpcb.nic.in/displaypdf.php?id=d2FzdGUvQyZEX3J1bGVzXzIwMTYucGRm">required </a>to pay relevant charges for collection, transportation, processing and disposal as notified by the concerned authorities. After segregation, the waste is to be deposited at the collection centre and/or to be handed to an authorised processing facility. The authorities are required to ensure that there’s no littering on roads that could cause traffic. The waste is not to be burned, buried or thrown into drains or water bodies. What happens next? Of the 80,000 tonnes of construction waste left behind by the Twin Towers, 30,000 will be removed and recycled. The remaining 50,000 tonnes will be used to lay the foundation of the proposed <a href="https://timesofindia.indiatimes.com/city/noida/where-twin-towers-stood-a-sprawling-garden-next/articleshow/93843931.cms">garden</a>. However, it won’t be until the next four months that the residents of Emerald court will get to see green pastures in the place of a giant grey rubble. Here's a small video <div type="image" title="Simply Put: What happens to the Twin Towers’ 80,000 tonnes of debris?" msid="93936592" hostid="261" caption="&amp;lt;p&amp;gt;Simply Put: What happens to the Twin Towers&amp;#8217; 80,000 tonnes of debris? &amp;lt;/p&amp;gt;"></div>

You Searched For "qutub minar" and got 5 results

Google Will Soon Give You Wall-To-Wall View Of 100 Indian Monuments

Sulabh Puri

NSE Indices launches India's first-ever REITs and InvITs index

PTI

SEBI asks AIFs to provide "direct plan" option to investors; introduces trail model for distribution commission

PTI

The Indian capital’s new ‘Eiffel Tower’ is supposed to a be structure that says ‘Namaste’

BI India Bureau

SIMPLY PUT: What happens to the Twin Towers’ 80,000 tonnes of debris?

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