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

The agency claimed to have found in its probe that the group had disclosed to RBI that it is bringing FDI for developing construction related projects in India but it used the funds for purchasing agricultutral land, which is a violation of rules framed by the banking and FDI regulator of the country.

CWG village flats: DDA told to give possession to allottees

The Delhi High Court has asked DDA and private developer Emmar MGF to complete formalities and hand over possession to those who were allotted flats in the residential towers in the Commonwealth Games Village here.