The recent accident at the Delhi Metro site in South Delhi that claimed six lives was caused by "serious deficiency" in design and inadequate concrete strength, Lok Sabha was informed today.
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Real estate firm Parsvnath Developers today reported a net profit of Rs 13.81 crore for the first quarter ended June 30, a 81 per cent decline over the corresponding period a year ago. The company had posted a net profit of Rs 73.96 crore in the same period last fiscal.