Suraksha Group, having had its resolution plan for Jaypee Infratech Limited (JIL) approved by the NCLAT, is set to take control of the company following a meeting next week. This development brings the group closer to restarting construction on nine stalled projects in Noida s Wish Town and other areas, offering renewed hope to 20,000 buyers who invested in flats 15-20 years ago.
Suraksha Group s resolution plan for Jaypee Infratech Limited (JIL) approved by NCLAT, paving the way for construction on stalled projects in Noida. Update on payments for farmers compensation and progress on ongoing projects included.
Noida Airport gets new INR 2,400 crore railway line travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.
Relief likely for 18,000 homebuyers as Suraksha group set to take over Jaypee Infra next week indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
Vivo, a smartphone maker, has started production at its 169-acre land in Sector 24A off the Yamuna Expressway. The company aims to manufacture 6.5 crore smartphones in the first phase and increase production to 14.5 crore smartphones in the second phase with a workforce of 25,000. Vivo has invested Rs 3,955 crore in the project and received discounts on land and stamp duty. YEIDA officials have approved the layout plans of 91 industries, with eight companies already in production. The goal is to have 250 industrial units operational by December.