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"jaiprakash-associates"

  • SC issues notice to Centre, ED, RBI in case alleging Rs 14,000 crore diversion in real estate projects

    Supreme Court sought responses from Centre, ED, RBI and others on a plea alleging diversion of thousands of crores collected from Noida and Yamuna Expressway homebuyers. The case involves Jaiprakash group firms, with ED probing alleged fund siphoning under PMLA
  • ED arrests ex-Jaypee Infratech MD Manoj Gaur in Rs 14,599 crore home buyer scam case

    The Enforcement Directorate has arrested former Jaypee Infratech MD Manoj Gaur in connection with a Rs 14,599 crore money laundering case. The agency alleged that funds collected from thousands of home buyers were diverted to group trusts, leaving projects incomplete
  • Vedanta’s takeover of Jaiprakash Associates raises concerns over SLBC tunnel project

    Vedanta’s takeover of debt-ridden Jaiprakash Associates with a Rs 17,000 crore bid has raised doubts over the timely completion of the SLBC tunnel, the world’s longest irrigation tunnel, already delayed by a roof collapse and geological challenges.
  • SLBC tunnel tragedy: Questions mount over Jaiprakash Associates’ lapses

    The SLBC tunnel collapse killing eight workers, has spotlighted Jaiprakash Associates’ failure to address geological risks flagged in prior surveys. As rescue efforts end, accountability and safety lapses raise concerns about project management

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