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ED Raids Multiple Mumbai Properties Linked to Anil Ambani: Unveiling a Well-Planned Scheme to Siphon Off Public Money

Real Estate Mumbai

ED Raids Multiple Mumbai Properties Linked to Anil Ambani: Unveiling a Well-Planned Scheme to Siphon Off Public Money

The Enforcement Directorate (ED) conducted raids on several premises in Mumbai linked to Anil Ambani, following SBI's declaration of him as a 'fraud' account holder. The operation involved 35 premises, 50 companies, and over 25 individuals, all suspected of money laundering and illegal financial activities.

July 24, 2025
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Mumbai Businessman Denies Bail in Rs 764 Crore Bank Fraud and Money Laundering Case

Real Estate Mumbai

Mumbai Businessman Denies Bail in Rs 764 Crore Bank Fraud and Money Laundering Case

Vijay Gupta, founder of the Vindhyavasini Group, has been denied bail by a special PMLA court in Mumbai. The businessman is accused of involvement in a Rs 764.44 crore fraud and money laundering case involving the State Bank of India.

July 5, 2025
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Top Business Highlights of the Week: Trade Deals, Market Rallies, and More

Real Estate Mumbai

Top Business Highlights of the Week: Trade Deals, Market Rallies, and More

This week's top business stories cover a range of sectors, including trade agreements, stock market performance, precious metals, and real estate. Notable highlights include India's trade pact with EFTA, the rise in stock markets, and a significant real estate purchase by a Godrej family member.

June 9, 2025
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Baroda Rayon Corporation Secures Rs 100 Crore Loan from SBI for Real Estate Project

real estate news

Baroda Rayon Corporation Secures Rs 100 Crore Loan from SBI for Real Estate Project

Baroda Rayon Corporation Limited (BRCL) has secured a Rs 100 crore loan from the State Bank of India (SBI) to fund a commercial real estate project, marking a strategic pivot from textiles to property development.

May 28, 2025
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Bengaluru Entrepreneur Relocates to Pune Amid Language Controversy

Real Estate Pune

Bengaluru Entrepreneur Relocates to Pune Amid Language Controversy

A tech entrepreneur in Bengaluru, Kaushik Mukherjee, is moving his company to Pune due to language-related issues, including a viral video of an SBI manager refusing to speak Kannada. The decision highlights ongoing debates about language use in public services.

May 23, 2025
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Navigating Market Trends: Insights from SBI Securities on FII Moves and PNB Housing Performance

real estate news

Navigating Market Trends: Insights from SBI Securities on FII Moves and PNB Housing Performance

The stock market has seen a mix of cautious sentiment and strong performances, particularly with PNB Housing. SBI Securities' Sudeep Shah offers insights into Foreign Institutional Investor (FII) moves and the factors driving PNB Housing's recent uptick.

April 13, 2025
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