Tuesday, July 15, 2025
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Business News

NCLAT Affirms Insolvency Proceedings for Jaypee Cement Corporation

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has delivered a decisive blow to an appeal against the insolvency initiation of Jaypee Cement...

High Court Issues Notices on LuLu Land Deal, ₹9,000 Cr NCDs

VIJAYAWADA, – The Andhra Pradesh High Court issued notices to the state government, demanding counter-affidavits in two separate Public Interest Litigations (PILs) concerning significant...

NCW Prime Offices Fund Secures Landmark Delhi Office Space

NEW DELHI – In a significant move for the commercial real estate sector, Prime Offices Fund (PRIME), a fund jointly managed by Nuvama Asset...

AU Small Finance Bank Snaps Up Prime Mumbai Commercial Tower for ₹371 Crore in Landmark Deal

Mumbai, India – In a significant move underscoring its expansionary vision, Jaipur-headquartered AU Small Finance Bank has acquired an entire commercial tower on the...

SEBI to Auction 30 Properties of Rose Valley Group Worth ₹409 Crore in June 2025

The Securities and Exchange Board of India (SEBI) is set to auction 30 properties belonging to the Rose Valley group in June 2025, aiming...

CBI Launches Sweeping Probe into Real Estate Subvention Scheme

Pune, India – May 26, 2025 – In a significant development for the real estate sector, the Pimpri Chinchwad police have registered a case...

ED Raids Uncover Alleged ₹12,000 Crore Fraud in Jaypee Group

NEW DELHI – In a significant development, the Enforcement Directorate (ED) on Friday launched a series of raids across Delhi-NCR and Mumbai as...

Bribery Scandal: Hyderabad IT Commissioner, Shapoorji Pallonji Official Arrested with Others

Here's a summary of the news report regarding the arrests in a bribery case involving a Hyderabad Income Tax Commissioner and a Shapoorji Pallonji...