Axon Developers acquire 2 stress projects, to invest Rs 350 crore
NEW DELHI: Axon Developers, new age Real Estate development company, has kick-started its operations by acquiring two stress asset projects in Delhi NCR. The company said that it would invest Rs 350 crore for the completion of around 750 units in the two residential projects. The investment will be through internal accrual and sales. The […]
Income Tax Department conducts searches in Delhi- NCR, Haryana, Punjab, Uttarakhand and Goa
NEW DELHI: The Income tax Department has carried out a search and seizure action on 26.10.2020 on a large network of individuals running the racket of entry operation and generation of huge cash through fake billing. The search operations have been conducted on 42 premises across Delhi- NCR, Haryana, Punjab, Uttarakhand and Goa. The search […]
Include Mathura in NCR to boost tourism: Hema Malini
NEW DELHI: Pitching for the inclusion of Mathura in the national capital region (NCR), local MP Hema Malini on Wednesday said that it will boost tourism in the temple town. Talking to a group of reporters through a virtual meeting, the parliamentarian and actor said, “There is immense tourism potential present in Mathura. If tapped properly, […]
Eros Group to invest Rs 350 crore in Delhi NCR
NEW DELHI: Realty firm Eros Group said it will invest Rs 250 crores to develop a new Luxury Housing Project in Charmwood Village, Sector-39, Faridabad. The company, which is also into hospitality sector, will develop 76 units in the new project called ‘Edenwood Towers’. The company will meet project costs from internal accruals and advance […]
IL&FS crisis: ED files PMLA case, conducts raids in Delhi-NCR, Mumbai
NEW DELHI: The Enforcement Directorate (ED) on Wednesday conducted raids on at least six locations in Mumbai and Delhi-NCR region in connection with the multi-crore IL&FS payment default crisis, officials said. They said the action by the central probe agency came after it registered a criminal complaint under the Prevention of Money Laundering Act (PMLA) […]