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Macrotech Developers To Invest Rs 330 Cr, To Build In-City Warehouse In Mumbai; Buys 8 Acre In Kurla

Realty firm Macrotech Developers will invest Rs 330 crore to develop a premium warehousing project in Mumbai as part of its expansion plan and to tap rising demand from e-commerce and third-party logistic companies. Macrotech Developers, which markets its properties under ...

Economic Offences Wing finds half of NSEL warehouses empty

MUMBAI: In a startling development, the Economic Offences Wing (EOW) of Mumbai police, probing the Rs 5,600-crore payment crisis at the NSEL, has found half of the warehouses it raided empty, while four storage building of commodities existed only on paper, ...

FMC asks NSEL to liquidate assets of defaulters

New Delhi: Commodity markets regulator FMC on Thursday directed NSEL to declare members, who have failed in making payments, as defaulters and liquidate all their realisable assets. The regulator also asked NSEL to auction defaulters' commodities lying in the accredited ...