Representative image MUMBAI: Capital India Finance Ltd (CIFL), an MSME focused small-cap NBFC has sold its housing finance subsidiary Capital India Home Loans Limited (CIHL) to Weaver Services Private Limited a company for Rs 267 crore according to the filing by the company sent to the stock exchanges. The company is backed by former HDFC …
Representative image NEW DELHI: Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the …
File photo LUCKNOW: The Enforcement Directorate (ED) Lucknow unit grilled Mohinder Singh, a former IAS officer and the former CEO of Noida Authority, at its Lucknow office on Wednesday. The former officer, along with promoters and directors of Hacienda Projects Private Limited (HPPL), is accused of a scam worth Rs 636 crore. Sources in the …
Ex-IAS Mohinder Singh Faces ED Interrogation in Rs 636 Crore Noida Scam, – Homevior Read More »
NEW DELHI: The operations committee of the board of directors of Oberoi Realty approved issuance of non-convertible debentures of an aggregate amount of upto Rs 1,500 crore on private placement basis, the company informed in a BSE filing. As security, first ranking pari passu charge on the rights, title and interest of the company on …
Representative image PUNE: Property registrations would be affected between Oct 18 and 21 across Maharashtra owing to a major upgrade in the state’s online payment system, registration department officials told TOI on Tuesday. Up to 13,000 properties are registered in the state every day. “The upgrade in the Government Receipt Accounting System (GRAS) was to …
Representative image Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi’s efforts to recover money collected by these companies from investors in violation of norms. Ravi Kiran Realty India and Purusattam Infotech …
Sebi to auction 15 properties of five companies on November 19, – Homevior Read More »
Representative image In February, Deputy Chief Minister DK Shivakumar announced that the state government has been working on a new uniform law for the benefit of home buyers, especially those who bought flats at residential apartment complexes. This announcement delighted lakhs of homebuyers, but eight months later, the government is yet to come out with …
Homebuyers in Karnataka urges completion of housing act amendments, – Homevior Read More »
File photo Rhythm House, the iconic music store in South Mumbai’s cultural and heritage precinct Kala Ghoda, has found a new owner. Bhaane Retail, a subsidiary of Shahi Exports, India’s largest apparel manufacturer, has emerged as the highest bidder for the property in an insolvency auction with a Rs 30-crore offer. A cultural landmark since …
Bhaane Retail buys South Mumbai’s Rhythm House through insolvency auction, – Homevior Read More »
File photo The Karnataka High Court has upheld the Bangalore Development Authority’s (BDA) power to accept or reject bids in site auctions without providing reasons. A division bench consisting of Justice Anu Sivaraman and Justice G Basavaraja concluded that the BDA’s decision was lawful, aligning with the public interest and benefiting the general public. The …
Karnataka HC upholds BDA’s right to reject auction bids without explanation, – Homevior Read More »
Representative image THANE: Police in Navi Mumbai have registered a case against four persons for allegedly cheating a Mumbai-based woman interior designer of more than Rs 68 lakh under the pretext of selling a piece of land to her, an official said on Wednesday. The case was filed on Monday at Nerul police station, he …
