Emaar Mgf Land

Emaar MGF Land, which has filed a demerger scheme in the Delhi High Court to give effect to the restructuring process, has elevated company's Chief Financial officer (CFO) Sanjay Malhotra as acting CEO.

Realty firm Emaar MGF Land has filed a demerger scheme in the Delhi High Court following the two joint venture partners - MGF Development and Dubai-based Emaar Properties - decision to part ways.

Dubai's Emaar Properties plans to split with its Indian joint venture partner through a demerger process, the emirate's biggest property developer said on Wednesday.

The Development Commissioners of special economic zones (SEZs) have recommended cancellation of 'formal approval' granted to as many as 43 SEZ developers, including Reliance Infocom Infrastructure and Emaar MGF Land Ltd.

The Indian government accused Dubai-backed real estate developer Emaar MGF Land Ltd on Tuesday of violating foreign exchange rules with investments worth Rs 8,600 crore over the past eight years.

Emaar MGF Land, which has filed a demerger scheme in the Delhi High Court to give effect to the restructuring process, has elevated company's Chief Financial officer (CFO) Sanjay Malhotra as acting CEO.

Realty firm Emaar MGF Land has filed a demerger scheme in the Delhi High Court following the two joint venture partners - MGF Development and Dubai-based Emaar Properties - decision to part ways.

Dubai's Emaar Properties plans to split with its Indian joint venture partner through a demerger process, the emirate's biggest property developer said on Wednesday.

The Development Commissioners of special economic zones (SEZs) have recommended cancellation of 'formal approval' granted to as many as 43 SEZ developers, including Reliance Infocom Infrastructure and Emaar MGF Land Ltd.

The Indian government accused Dubai-backed real estate developer Emaar MGF Land Ltd on Tuesday of violating foreign exchange rules with investments worth Rs 8,600 crore over the past eight years.