NEWS FEED


SC holds six Indiabulls' directors guilty of contempt

The court said Gehlaut, Banga and other active directors of IVL and IHLF Ashwini Kumar Hooda, Sachin Chaudhary, Divyesh Bharat Kumar Shah and Pinank Jayant Shah had "knowingly and wilfully" disobeyed the court.

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Speculation grows on Aadhaar linkage with property

If the government goes ahead and implements the widely speculated move of linking Aadhaar with property, it will constitute another big surgical strike against black money and money laundering.

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VBHC partners with builders & land owners to fuel growth plan

Under the new business model the firm has signed four joint development projects in Mumbai and Bengaluru totalling 4 million square feet to expand its portfolio.

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SC receiver asks NBCC to start eight Amrapali projects

The Supreme Court had about a year ago asked the state-run builder to complete 16 projects of the Amrapali group.

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Bombay HC gives Omkar Realtors 'last chance' to deposit Rs 4.85 crore

​Apart from realty firm’s chairman Kamal Kishore Gupta and managing director Babulal Varma, 10 directors have been directed to be present in court for the next hearing in December.

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Four real estate companies have approached to avail bailout fund: FM

The Alternative Investment Fund (AIF) comprises of Rs 10,000 crore coming from the government and the remaining being provided by state insurer LIC and the country's largest lender SBI.

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No conversion charges for commercial plots in Delhi

Rajender Sharda, who heads the GK-I M-Block market traders’ association, said that those who have already paid conversion charges should get a refund or the amount should be adjusted in floor area ratio.

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Lotus Panache buyers seek removal of RP over lack of transparency

Though the NCLT will take a final call on the matter on November 25, the removal of the interim resolution professional (IRP) and the authorised representative (AR) could further delay the completion of the two unfinished ‘Lotus’ brand projects

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Debt Recovery Tribunal stops DHFL from making payments

Move comes a day after Bombay HC told DHFL to pay banks, NBFCS with securitisation deals

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CG Power to sell its 80,000 sq ft office in Mumbai

The company is dealing with muted cash flows and huge debt at a time when an alleged fraud in the company has come to light

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Noida: Mahagun, Gaursons, others get notices for violating pollution norms

Those penalised include Mahagun group, Luxury Homes, Galaxy Diamond, Godrej Golf Link, Vaibhav Heritage Heights, Boulevard Walk, Gaursons Hitech Infrastructure, among others, the administration said.

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Bombay HC allows DHFL to repay lenders

Last month, Justice A K Menon had restrained the Dewan Housing Finance Corporation (DHFL) from making further payments to any unsecured creditors until further orders.

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Embassy REIT mulling option to buy Rs 6,500 crore office assets

“We have received the offer from the Embassy sponsor and have some time to decide on it,” Embassy Office Parks Reit CEO Michael Holland told ET.

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