NEW DELHI: The Enforcement Directorate (ED) said on Wednesday that it has attached assets worth ₹400 crore as part of its money laundering probe against the Jaypee Group. The immovable assets were attached under the Prevention of Money Laundering Act (PMLA) (Facebook/tarunpaleo) The immovable assets attached under the Prevention of Money Laundering Act (PMLA) belong to Jaiprakash […]
Bengaluru-based real estate developer Sumadhura Group plans to launch six luxury residential projects across East and North Bengaluru, with a revenue potential of ₹10,000 crore within FY 2026, the company said in a statement. Bengaluru’s Sumadhura Group will launch six luxury residential projects across East and North Bengaluru in FY 2026, targeting ₹10,000 crore in […]
New Delhi, Jan 6 (PTI) The ED has attached a villa, a hotel, and a resort, besides land parcels and deposits worth over ₹50 crore, in connection with a homebuyers’ fraud” linked money laundering probe against Gurugram-based realty firm Ocean Seven Buildtech Pvt Ltd (OSBPL). The ED has attached a villa, a hotel, and a […]
New Delhi : Tata Group has begun identifying a successor to Air India chief executive Campbell Wilson, whose contract is set to expire next year, according to multiple people aware of the development. FILE PHOTO: Air India CEO Campbell Wilson (REUTERS) Wilson joined the airline in March 2022 after Tata Group acquired Air India from […]
New Delhi, Dec 31 (PTI) Bagmane Prime Office REIT, which is backed by Bengaluru-based realty firm Bagmane Group, has filed a draft paper with market regulator to launch its Initial Public Offering (IPO) to raise up to ₹4,000 crore. Bagmane Prime Office REIT, which is backed by Bengaluru-based realty firm Bagmane Group, has filed a […]
The Ahmedabad-based Adani Group has a five-year, $11-billion expansion plan for its airports business but no plans to start an airline in the world’s fastest growing aviation market. Jeet Adani, director at Adani Airports Holdings Ltd. and son of billionaire Gautam Adani, at the newly built Navi Mumbai International Airport. (Reuters) What’s the plan: The […]
TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global investors to avoid a US government ban. Under the TikTok US sale terms, ByteDance will license its AI recommendation technology to a newly created US TikTok entity, which will use […]
Gurugram-based Elan Group has said that it will invest nearly ₹1,600 crore to develop an ultra-luxury residential project in the city Gurugram-based Elan Group has said that it will invest nearly ₹1,600 crore to develop an ultra-luxury residential project in the city Located in Sector 49, Gurugram, the project, Elan The Statement, is spread across […]
Mumbai-based real estate firm Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in the Delhi-NCR market. The collaboration involves the development of two marquee projects in prime corridors of Gurugram, with a combined revenue potential exceeding ₹3,600 crore. Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in […]
Bengaluru-based real estate developer Sumadhura Group has signed a Memorandum of Understanding (MoU) with the Telangana government to invest ₹600 crore in developing a 100-acre Grade A industrial and warehousing park, the company said in a statement on December 10. Bengaluru-based Sumadhura Group has signed an MoU with the Telangana government to invest ₹600 crore […]
