The Enforcement Directorate (ED) on Thursday summoned B Subba Reddy of Vamsiram Builders and former BRS MLA Marri Janardhan Reddy, along with two other developers, in connection with an alleged land case linked to IAS officer Amoy Kumar. According to ED sources, the summoned developers, including Talasu Surya Teja of Ammoda Developers and K Sidda Reddy of KSR Mines.
Open FlipGurgaon-based carbon validation and verification services provider Earthood Services has filed draft red herring prospectus with the capital markets regulator SEBI to raise funds via initial public offering. There are no comparable peers amongst the listed entities in India. The IPO will comprise of fresh issue of 36 lakh equity shares, and an offer-for-sale of 42 lakh shares by promoters.
Open FlipInterior designer and entrepreneur Sussanne Khan has rented a residential property in Mumbai's upscale Jogeshwari West at a monthly rent of Rs 2.37 lakh, according to Square Yards. In a statement, real estate consultant Square Yards said, "the lease agreement was finalised for a monthly rent of Rs 2.37 lakh." The consultant has reviewed property registration documents.
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