Apparently, the Supreme Court suspects huge diversion of funds and hence it is looking beyond the companies themselves to retrieve the money to the extent possible for the beleaguered and hapless home buyers.
Jaypee Infratech vs homebuyers: Supreme Court grants more time to Jaiprakash Group to deposit Rs 125 cr
Jaiprakash Associates deposited Rs 425 crore with the apex court registry so far, had to deposit Rs 125 crore by 31 December and wanted a two-month extension
As hundreds of angry home buyers of Jaypee Wish Town staged a protest here, the Noida Authority on Saturday promised to protect the interests of the flat owners, saying a plan is being worked out in this regard
The Indian Grand Prix was dropped from the 2014 calendar after three successful seasons, owing to tax and bureaucratic hurdles.
JSW Energy will acquire three power plants- the Bina, Bapsa and Karcham projects-- from the Jaypee group
BOP India today said it has bought 4.67 acres of land from Jaypee group in Noida and another 7.5 acres from DLF in Lucknow
India's top brands that witnessed accretion in brand value include Tata, Godrej, HCL and L&T. The brand value of Tata Group rose by $3 billion to $21 billion, an increase of 16 percent, primarily led by its flagship company TCS.<br />
The equity markets closed on a quiet note but Sensex managed to stay above 20,000 levels.