The Supreme Court is seeking assistance from Rajiv Jain to investigate Supertech Realtors’ insolvency, following allegations of fund siphoning by director Ram Kishore Arora across 21 projects. The court refused to halt insolvency proceedings, noting widespread investigations into Supertech’s projects. Arora is contesting the insolvency, citing a settlement offer, while the Bank of Maharashtra denies any agreement.
K Raheja eyes 1.5-acre South Mumbai’s iconic Famous Studios parcel in ₹650 crore agreement
Famous Studios, a landmark in South Mumbai since 1946, is likely to change ownership. K Raheja Corp is in advanced discussions to acquire the 1.5-acre property. The deal is structured…