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Thursday, October 2, 2025
TopicJaypee Infratech Ltd.

Topic: Jaypee Infratech Ltd.

ED raids Jaypee Infratech, others in homebuyers’ ‘fraud’ case, seizes Rs 1.70 cr cash, documents

The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on 23 May under the PMLA after an FIR against companies like Jaypee, Jayprakash Associates, and others.

Flat buyers still stuck, SC likely to review I-T dept’s Rs 33,000 cr claim on Jaypee Infratech

SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.

The government’s right to throw homebuyers a lifeline

The bankruptcy code has broken new ground by lifting homebuyers left without apartments by debt-stressed builders to the status of financial creditors.

On Camera

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.