Court drops proceedings against MD of Emaar MGF in IT case

A court Tuesday dropped the proceedings against Managing Director of real estate major Emaar MGF Shravan Gupta after he informed it that the Delhi High court has quashed summons issued against him in a case filed by the Income Tax (IT) department for allegedly not furnishing details of his bank accounts.

Real estate major Emaar MGF gets occupancy certificate for The Palm Drive

Emaar MGF, India`s leading real estate developer, today announced the receipt of an occupancy certificate for The Palm Drive - one of the premium addresses on the Golf Course Extension Road in Sector 66, Gurgaon.

Emaar MGF partners PayU for online payment facility to buyers

Realty firm Emaar MGF has tied up with payment gateway firm PayU India for providing an online payment facility to its customers.

No link with middleman named in chopper deal: Emaar MGF

Real estate major Emaar MGF on Friday denied any association with Guido R Hashke, one of the alleged middlemen in the controversial Rs 3,600 crore helicopter deal.

CWG scam: CBI to close Barapullah, games village case, says report

The CBI is likely to close its probe in two cases related to large scale alleged corruption during the Commonwealth Games -- the Barapullah flyover case and bailout package given to Emaar MGF for construction of the Games Village.

APIIC-Emaar case: NBW against Emaar MGF top honcho

A special CBI court on Thursday issued a non-bailable arrest warrant (NBW) against Emaar MGF Land managing director Shravan Gupta in connection with the alleged irregularities in the APIIC-Emaar land deal case after he failed to appear before it despite directions.

Emmar can allot CWG flats, DDA tells High Court

DDA can now initiate the process for auctioning of 110 flats spread over three towers.

CBI claims Emaar MGF created 10 companies to usurp prime land

The purpose of these companies was to block prime plots in the project which could be sold at premium rates at a later stage, the agency said.

APIIC-Emaar scam: AP Home Secretary Acharya suspended

The state government said the 1983-batch IAS officer was placed under suspension following his detention for over 48 hours in the APIIC-Emaar scam.

CBI grills two accused in Emaar case

The Andhra Pradesh High Court Friday remanded Vijay Raghav and Sunil Reddy to CBI custody, respectively for five and three days.

Emaar MGF re-schedules payment of Rs 200 cr loan

Realty firm Emaar MGF on Monday said it has re-scheduled loan payment of Rs 200 crore by deferring it for six months that was due by September 30 this year.

AP Principal Secy named by CBI in Emaar deal irregularities

The CBI has named a senior IAS officer along with Directors of Emaar Properties and unknown public servants as accused in connection with irregularities in the Andhra Pradesh Industrial Infrastructure Corporation (APIIC)-Emaar land deal during 2005-11.

DDA takes action against Emaar-MGF for shoddy CWG Village

After reporting that CWG Village builder committed irregularities, the DDA is to confiscate its bank guarantee.

Raids at Emaar MGF offices, Co denies Koda link

Realty major Emaar MGF has denied any link with former Jharkhand chief minister Madhu Koda, at the centre of a Rs.2,500-crore money laundering scandal, after the Enforcement Directorate raided its offices Thursday.

Indian firms` exposure in Dubai over Rs 7,000 cr

Corporate India, bankers, realty players and exporters were today shaken up a bit by Dubai`s debt repayment crisis, where their exposure could be at least Rs 7,000 crore, but hoped that the problem would blow over.