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Dewan Housing
Larsen & Toubro (L&T) on Thursday said it has bagged a contract from Oberoi Realty for the construction of seven high-rise residential towers in Gurugram. The project has been bagged by the buildings and factories business vertical of L&T, the company said in a filing to BSE. The vertical has also bagged many other orders in the domestic market, including for construction of proving ground (testing place) from an international company in Haryana. The facility will boost testing infrastructure for vehicles embedded with latest technology. Besides the proving ground, the scope includes finishing works and external development relevant to the facility. The deal size of the orders was not disclosed by the company. The company's buildings and factories vertical possesses domain knowledge, expertise and experience in delivering EPC solutions across segments such as, hospitals, public spaces, airports, data centre, residential buildings, commercial spaces and factories. Larsen ...
The CBI has closed the case against the DHFL and its directors pertaining to 2.60 lakh allegedly fictitious home loan accounts, some of which were used to claim interest subsidies under the Pradhan Mantri Awas Yojna, officials said. After over three years of probe, the agency could not find evidence suggesting a criminal conspiracy which could have led to the creation of such accounts, they said. The irregularities were pointed out in the report of auditor Grant Thornton, appointed by the new board of the scam-hit Dewan Housing Finance Limited (DHFL), they said. The agency has now submitted its final report before a special court in Delhi, which would take a call on whether to accept the closure report or order further investigation into the matter. The CBI had booked promoters Kapil and Dheeraj Wadhawan along with the company. It was alleged that DHFL had opened a fictitious branch in Bandra and fake accounts worth Rs 14,046 crore of home-loan borrowers, who had already repaid th