Friday, 1 July, 2022
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

YourTurn

Representational image | Islam devotees offer Friday prayers during Ramadan, Patna, April 2022 | PTI

Quran says no one can limit others’ freedom. Udaipur killing violates Islam’s golden rule

Throughout history, Islamic scholars have uniformly agreed that respecting and obeying the law of the land is an essential aspect of faith.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

National Security Adviser Ajit Doval | File photo: ANI

At 1st Maritime Security Group meet, NSA chief Doval stresses on coordination among stakeholders

Meeting chaired by Vice Admiral (retd) G. Ashok Kumar, India’s 1st national maritime security coordinator. ‘Crucial policy issues’ such as ‘blue economy initiative’ also discussed.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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