Suraksha Group injected Rs 250 crore into Jaypee Infratech Ltd (JIL) to aid their acquisition via an insolvency process. They secured a Rs 3,000 crore loan to complete 20,000 unfinished flats in Delhi NCR. With Rs 1,250 crore in available funds and plans to invest Rs 6,500-7,000 crore, construction aims to accelerate by October.
Related Posts
Any changes to GST on EVs will slow down adoption of green cars: Mercedes MD Santosh Iyer
Mercedes-Benz India warns that potential GST rate hikes on EVs above Rs 40 lakh could deter investment and employment, slow EV adoption, and negatively impact […]
PAN 2.0: How to easily apply for PAN Card reprint with QR code – check 6 simple steps online
PAN 2.0: PAN cardholders can get a reprinted card with a QR code. The reprint costs Rs 50. The income tax department will send the […]