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Thursday, November 13, 2025
TopicNBCC

Topic: NBCC

After SC ruling high, the reality — NBCC has no money to finish Amrapali projects

NBCC, the state-run real estate developer appointed by SC to finish the Amrapali projects, has only Rs 19 crore of the approximately Rs 8,500 crore it believes it needs.

Has Supreme Court done justice to Amrapali home buyers or has it passed the buck to govt?

The Supreme Court has cancelled the registration of Amrapali Group and ordered the Enforcement Directorate to charge the builders with fraud and money laundering.

Public sector shining star NBCC finds financial irregularities in its own subsidiary

NBCC auditors flag financial irregularities to the tune of over Rs 10 cr in its recently acquired firm, Hospital Services Consultancy Corporation.

Amrapali Group directors arrested for failing to follow Supreme Court orders

Three directors of Amrapali — promoter Anil Sharma, Shiv Priya and Ajay Kumar — will remain in custody till documents are handed over for an audit.

SC appoints officer to sell off Amrapali’s properties and recover money

Money raised will be made available to the state-owned National Buildings Construction Corporation to complete Amrapali’s unfinished projects.

SC favours auction of 16 projects of Amrapali by NBCC, grills CMD Anil Sharma

The apex court also ordered a forensic audit of the firm and its promoters to gauge the extent of financial wrongdoing.

Supreme Court to order forensic audit of all 40 Amrapali Group firms

Apex court asks Bank of Baroda to furnish a list of auditors to investigate where the homebuyers’ money has been diverted.

Delhi succeeds in saving its trees, for now, and Jaitley compares Indira Gandhi to Hitler

Front Page HC stays plan to cut thousands of Delhi trees till 4 July. NBCC (India) Ltd, which has plans of redeveloping seven south Delhi colonies where...

On Camera

This era has made journalistic independence harder than ever: New York Times publisher

Journalist Arthur Gregg Sulzberger delivered the Reuters Memorial Lecture on 4 March last year.

Inflation plunges to a 10-yr low of 0.25% in October. Here’s why

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.