 "Unitech Developers case: ED searches 12 locations linked to Shivalik Group")
A team of the Enforcement Directorate (ED) has carried out searches at several locations linked to the Shivalik Group in connection with the Unitech Developers case, sources said on Friday.
An ED source related to the probe said that a team of ED officials from its Delhi branch visited Mumbai on Thursday evening and swung into action. The source said that searches were carried out at over a dozen locations of the Shivalik Group in Mumbai.
The ED source said that Unitech promoters are accused of allegedly siphoning off flat buyers' money by duping them.
--IANS
aks/arm
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app