Emmar MGF slapped with Rs 8,600-crore penalty notice

The Enforcement Directorate on Tuesday slapped a Rs 8,600 crore show-cause notice on construction major Emmar MGF Land Ltd and its sister firms for alleged forex rules violation, the biggest such......

Realty still a dirty word for regulators

Many feel the fluctuating market prices in real estate does not ensure stability required in banking space. The year is 2007. The Indian stock market is in the midst of a great bull run.......

Bidding scrapped for New Delhi station revamp

Railway ministry's ambitious project of transforming New Delhi station into a world class one has fallen flat on its face with the civic authorities refusing permission for the mega project. With......

Emaar, Fortis plan JV to set up 25 hospitals

P B Jayakumar inMumbai Realty company Emaar MGF Land Limited (Emaar MGF) and Ranbaxy Group-promoted hospital chain Fortis Healthcare plan to form a joint venture to set up 25 hospitals across......