Pratibha Industries Faces Rs 4,957-Crore Money Laundering Case As Mumbai Court Takes Cognisance
The Special PMLA Court in Mumbai has taken cognisance of an Enforcement Directorate (ED) prosecution complaint against Ajit Kulkarni of Pratibha Industries Ltd (PIL) and 33 others in an alleged money laundering case involving Rs 4,957.31 crore. The court accepted the ED’s complaint on Monday and issued summons to the accused. The agency has alleged […]
MMRDA Allocates Rs 4,897 Crore For Metro Line 5 & Kalyan Ring Road, Targets December 2026 Launch
The Mumbai Metropolitan Region Development Authority has approved Rs 4,897.19 crore for infrastructure projects in the Kalyan Lok Sabha constituency for 2026–27, with a focus on the Kalyan-Bhiwandi link of Mumbai Metro Line 5 and the Kalyan Ring Road. The funding aims to improve connectivity, reduce congestion in Bhiwandi, and strengthen links between industrial and […]
Chembur And Malabar Hill Set For Rs 4,800 Crore Redevelopment Boost
October 13, 2025: Bengaluru-based real estate major Puravankara Ltd has announced two landmark redevelopment projects in Mumbai — one in the upscale Malabar Hill and another in Chembur — marking a major expansion of its western India portfolio. Together valued at around Rs 4,800 crore, the developments form a key part of the company’s strategy […]