Emaar Mgf

  • SEBI orders freezing of corporate benefits of over 105 private firms 05-06-2013 08:46 AM

    New Delhi: The Securities and Exchange Board of India (SEBI) has ordered the freezing of the voting rights and corporate benefits of over 105 private firms. These private firms have failed to meet the minimum public shareholding requirement. The private firms, have faltered in attaining the minimum 25 per cent...
  • Emaar MGF slapped with Rs 8,600 crore penalty notice 04-06-2013 10:54 PM

    New Delhi: The Enforcement Directorate on Wednesday slapped a Rs 8,600 crore show-cause notice on construction major Emaar MGF Land Ltd and its sister firms for alleged forex rules violation, the biggest such penal action in country's real estate sector. The agency, which began an investigation in 2010 with regard...
  • CWG: Home owners caught in DDA, Emaar tussle 13-11-2011 01:24 PM

    New Delhi: One year after the Commonwealth Games those who booked flats in the Games Village are yet to get possession. Over 450 home buyers paid Rs two crores each, that's around Rs 1500 crore for flats in the games village. Rajiv and Upasana are among the 450 who booked...
  • Emaar-MGF boss can't leave Hyderabad: CBI 10-11-2011 10:50 AM

    HYDERABAD: Evading queries by investigating agencies by giving some excuse or the other, especially when the person in question is under the scanner, can sometimes boomerang. And Shravan Gupta, managing director of Emaar-MGF, who had a 'rendezvous' with the Central Bureau of Investigation (CBI) on Tuesday, seems to have learnt...
  • DDA seals 2 buildings of Emaar MGF at CWG village 20-08-2011 08:01 PM

    New Delhi: Two days after the CBI filed FIR against the Emaar MGF properties in Delhi and Hyderabad, the Delhi Development Authority (DDA) has sealed two buildings at the Commonwealth Games village in the capital. The DDA said Emaar MGF broke building rules during constructions. The action comes after the...
  • Allegations begin after Shunglu Panel findings 24-03-2011 07:38 PM

    A day after CNN IBN reported on the findings of the Shunglu Panel on scam in construction of games village, the round of denials and counter denials have begun. ...
  • Shunglu panel blames Emaar, L-G for CWG mess 24-03-2011 07:14 AM

    New Delhi: The VK Shunglu Panel in its second report on irregularities in Commonwealth games has severely indicted the Delhi Lt Governor Tejinder Khanna for neglect and the developer of the games village EMAAR MGF for its tardy approach. The panel has fixed the overall loss caused to the exchequer...
  • Shunglu report indicts EMAAR MGF for CWG loss 23-03-2011 09:09 PM

    New Delhi: The VK Shunglu Committee, enquiring into corruption in the Commonwealth Games, has submitted its second report to the Cabinet Secretary. The report dealt with corruption in building of the Commonwealth Games Village. According to the Shunglu panel report, the total loss to the exchequer because of corruption and...
  • After the Games, DDA and Emaar MGF lock horns 21-10-2010 09:23 PM

    New Delhi: Urban Development Minister Jaipal Reddy defended the Delhi Development Authority's (DDA) Rs 760-crore bailout of Emaar MGF while building the Games village. The minister said that the deal was profitable and necessary. The Commonwealth Games might have ended but the controversies certainly haven’t. Now it’s the Urban Development...
  • CWG probe: Emaar-MGF letter hits back at DDA 21-10-2010 12:55 PM

    New Delhi: It's all out war between the government and the builders given the contract to finish work on the Commonwealth Games Village. A day after the government decided to take legal action against Emaar-MGF for failing to complete work on the Games Village on time, CNN-IBN gets access to...
  • Real estate wants infrastructure status 11-02-2010 03:48 PM

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  • IPO party over: Wockhardt withdraws public offer 08-02-2008 12:00 AM

    Hong Kong: ICC CEO Haroon Lorgat defended scrapping the provision of runners in international cricket, saying batsmen were not using the system in the right spirit. It's been considered by the cricket committee... and there has been a strong feeling that runners were used not in the right spirit, Lorgat...
  • Emaar MGF extends IPO following poor response 06-02-2008 09:02 PM

    Kingston: Darren Sammy spent a sleepless night after dropping a catch which ultimately cost West Indies the first Test against India and the miss could haunt him for quite a while if the visitors go on to win the series. Sammy is finding it difficult to live down the dropped...