SC allows ED to attach assets of JP Morgan after it identifies Rs 187 crore as proceeds of crime
on 11/07/2020 at 3:40 AM
A bench of Justices Arun Mishra and U U Lalit, which took up the matter through video conferencing, granted the permission to the ED to attach the properties of the multi-national firm, a senior lawyer associated with the case said.
ED attaches Rs 2,800 crore assets of Yes Bank's Rana Kapoor, DHFL promoters
on 10/07/2020 at 3:32 AM
"The assets include immovable properties in India and abroad, bank accounts, investments, luxury vehicles, among others," it said.
Brookfield Properties leases 3.5 lakh sq office space at Equinox Business Park
on 09/07/2020 at 12:00 PM
The company has leased the space to Boston-headquartered State Street Corporation, US conglomerate Hasbro, American-Canadian digital media and broadcasting company Vice Media, and Temasek Holdings’ portfolio company STTelemedia.
ByteDance signs office space deal with WeWork
on 09/07/2020 at 3:45 AM
According to the plan, the newly-leased property in the Goregaon suburb was to be used by ByteDance to consolidate and expand its operations in India, said three people directly aware of the deal.
IndusInd's ex-MD Romesh Sobti buys two flats in Mumbai for Rs 76 crore
on 08/07/2020 at 3:36 AM
The apartments — on the 39th and 40th floor of Three Sixty West project on Dr. Annie Besant Road — have four bedrooms each and usable carpet area of 5,235 sq ft. The combined built up area is 12,250 sq ft.
Unitech board to seek waiver of Rs 5,500 crore Noida dues, interest relief
on 07/07/2020 at 3:48 AM
Unitech’s dues with Noida Authority alone are estimated at around Rs 8,000 crore of which close to Rs 5,500 crore is interest and penalties for delayed payment.
Gurugram: DTCP seeks FIR against SARE Homes for defunct lifts
on 06/07/2020 at 2:09 AM
In a letter sent on Sunday, district town planner RS Batth said the annual maintenance contract (AMC) of 11 out of 16 lifts in the society has expired, while others have been malfunctional for the last 15 days.
DHFL defaults on NCD repayments of Rs 50 crore
on 05/07/2020 at 9:11 AM
The company is currently under moratorium under the Code (IBC) since November 29, 2019 and hence, it is not in a position to make payment of interest or principal to any of the lenders of the company, including the NCDs holders, DHFL said.
PNB Housing Finance to auction Vipul's project in Gurugram
on 03/07/2020 at 1:30 PM
According to the notice, a copy of which ET has reviewed, developers can submit bids independently or through a joint venture, by August 5.
NCDRC orders Emaar MGF to refund buyer's money
on 03/07/2020 at 4:00 AM
The NCDRC said such agreement was not enforceable as it was “one-sided” in favour of the builder at the cost of the interest of homebuyers.
Government approves scheme for providing liquidity to HFCs: RBI
on 01/07/2020 at 12:00 PM
Under the special liquidity scheme, the SPV will purchase the short-term papers from eligible NBFCs/HFCs, which will utilise the proceeds under this scheme solely for the purpose of extinguishing existing liabilities.
Uttar Pradesh gives six more months to builders to finish their projects
on 01/07/2020 at 4:03 AM
In a cabinet by circulation on Monday night, the cabinet approved of proposed changes to Section 219 of the UP Revenue Code 2006 to give the collector or divisional commissioner the power to change land use of the required land.
Godrej Properties inks development pact for prime 5-acre plot in Worli
on 30/06/2020 at 4:20 AM
The big-ticket, sea-view project is the first such deal in the country since the Covid-19-led lockdown disrupted work and demand in the real estate sector.