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Economy
Reliance calls off Rs 24,371 crore Future Retail deal
Mumbai : Reliance Industries Limited (RIL) has called off the deal with Future Retail Ltd (FRL) after FRLs secured creditors voted against the scheme.
In a filing with the stock exchanges, RIL said, "The Future Group companies comprising!-->…
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ICICI Bank Q4FY22 net profit at Rs 7,019, up 59% YoY
New Delhi : Private lender ICICI Bank on Saturday reported its profit after tax during Q4FY22 at Rs 7,019 crore, up 59.4 per cent year-on-year from the same quarter last fiscal.
The net interest income (NII) of the lender increased by 21!-->…
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Indonesia’s export ban for palm oil may have cascade effect on India’s edible oil prices
New Delhi : The already high prices for edible oil since the Ukraine-Russia war broke out will get an added fuel as Indonesia -- world's largest producer and supplier of palm oil -- has announced a ban on its export from April 28.
India!-->…
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Real estate barons betrayed people’s trust, pulled down a growth sector (Ld)
New Delhi : The Supertech Twin Towers in Noida that are supposed to be decimated next month is representative of the fall of the real estate czars in the recent past, especially in Delhi-NCR.
The real estate landscape in the region!-->…
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1,500 upscale Noida families brace for an unprecedented demolition
As Noida braces itself to see the demolition of the Supertech twin towers in Sector 93A, a densely populated area, on May 22, the local residents are a worried lot, and angry too as they will have to deal with approximately 40,000 tonnes!-->…
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Real estate barons betrayed people’s trust, pulled down a growth sector
New Delhi: The Supertech Twin Towers in Noida that are supposed to be decimated next month is representative of the fall of the real estate czars in the recent past, especially in in Delhi-NCR.
The real estate landscape in the region!-->…
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Supertech stares at insolvency amid heat of twin-tower demolition
It advertised extensively and the firm was among the top in the real estate sector. Then in 2020 came the Covid pandemic, which turned everything upside down and created an unprecedented crisis for the real estate industry.
As things!-->…
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11 years after FIR and arrest warrant, Kabul Chawla lives it up in New York
New Delhi: he national capital has witnessed several fake housing scams and sooner or later the accused scamsters have always landed in the police net.
The Unitech scam done by Ajay Chandra and Sanjay Chandra, former promoters of the!-->…
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ED in hot pursuit of Rs 5K cr allegedly siphoned off by Unitech’s Chandras
Both were arrested in 2017 by the Economic Offences Wing of the Delhi Police in connection with real estate fraud. They were accused of cheating home buyers on the pretext of a Gurugram based project and since then they are behind the!-->…
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