Acacia Real Estate, promoted by Bahrain-based TAIB Bank, has acquired
49% in Logix TechnoPark in Noida for $69 million. Logix TechnoPark,
located along the Noida expressway, comprises four office towers with
an area of over 4.5 lakh sq ft. Logix group, the promoter of Logix
TechnoPark, operates five IT parks in the NCR region and plans to have
five more IT parks and two IT SEZs in one-and-half years.
The Public Gambling Act, 1867 also known as the "Gambling Act" is the primary law which governs gambling in India. However, the state legislatures, under the Constitution of India, are currentl More
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