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Tuesday, November 5, 2024
TopicUnitech

Topic: Unitech

ED files fresh chargesheet in money laundering case against Unitech group & its promoters

Sanjay Chandra, Ajay Chandra, Ramesh Chandra, Preeti Chandra, Rajesh Malik & 66 other companies have been arrayed as accused in the chargesheet, according to Enforcement Directorate.

Landline phone, outside food, business deals: How Unitech Chandras spent last year in Tihar

A Delhi Police probe has revealed erstwhile Unitech promoters Sanjay and Ajay Chandra made thousands of personal calls to their employees and relatives from Tihar jail.

ED arrests Unitech founder Ramesh Chandra, daughter-in-law Preeti in money laundering case

They have been arrested in the same case in which Ramesh Chandra’s sons Sanjay and Ajay are accused of siphoning home buyers' money. Preeti is Sanjay’s wife.

Unitech ex-promoters shifted from Tihar to Mumbai’s Arthur Road Jail

ED had said that erstwhile Unitech promoters Ramesh Chandra and Sanjay Chandra were operating an ‘underground’ secret office from inside Tihar jail.

SC orders probe after ED says Unitech ex-promoters were operating from inside Tihar

The court also directed that the Chandras be shifted from Tihar to Mumbai’s Arthur Road jail and Taloja jail.

ED attaches London hotel worth Rs 58.61 cr in money laundering case against Unitech group

The agency claimed that 'tainted funds' of Rs 325 crore belonging to homebuyers were diverted to Carnoustie group, whose UK-based associate firm owns the hotel.

ED attaches helicopter, 100 Mumbai land parcels worth Rs 81 cr in PMLA case against Unitech

The Enforcement Directorate had previously filed a case against Unitech over allegations that its owners illegally diverted over Rs 2,000 crore to Cyprus and the Cayman Islands.

How builders like Parsvnath sold ‘affordable’ homes dream and turned it into a nightmare

12 years after last booking was made, just 3 out of 20 residential towers at Parsvnath Privilege stand completed. The firm has been silent on 832 unfinished flats.

Supreme Court grants interim bail for a month to Unitech promoter Sanjay Chandra

One of his parents is hospitalised and undergoing treatment for Covid. Chandra is serving a jail sentence for allegedly siphoning off home-buyers' money.

India’s top 7 cities have become graveyards of lakhs of houses worth Rs 4.5 lakh cr

Anxiety stalks buyers as several projects undertaken by real estate giants such as Amrapali Group & Jaypee remain incomplete a decade past their deadline.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

As IDF unveils robotic combat task force, Israeli maker says open to working with India

Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.