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The Latest Breaking News from M3

M3M emerges as highest bidder for prime Noida land parcels at ₹1,850 crore

In a highly competitive bidding process, M3M has secured a 12.5-acre mixed-use land parcel in Sector 108 for approximately Rs 1,850 crore, significantly exceeding the reserve price of Rs 835 crore. The robust developer interest this land has generated illustrates the lucrative potential of mixed-use properties in Noida, with established…

The Economic Times

Zydex eyes Rs 300 cr revenue from paints business in 2 years

Zydex Group is setting ambitious goals, targeting a tripling of revenue in their paints division, aiming for an impressive Rs 300 crore within the next two years. This surge is poised to be propelled by the rise of silicate mineral paints in the Indian market. To support this initiative, Zydex…

The Economic Times

M3M Group to invest Rs 10,000 cr on construction, land acquisition in FY27

M3M Group is making a bold move with an investment of Rs 10,000 crore this fiscal year, including Rs 7,200 crore for construction and Rs 2,500 crore for land acquisitions around Gurugram. With a zero-debt status, this developer is looking to enhance its branded housing projects by collaborating with global…

The Economic Times

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The crypto-treasury dream unravels after a 90% stock plunge

ReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is to find another entity to buy, taking it public in the process. Ross did not back the deal financially, but after it closed, he was slated to join ReserveOne’s board.…

The Economic Times

Morning Digest | ILO report says employment scenario in India grim; Supreme Court raises concern over the rich gagging media, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 27, 2024.

The Hindu

ED attaches ₹124.57-crore assets in Religare Finvest Limited case

TReligare Finvest Limited case: The properties are in the form of land and farmhouse(s) located in the posh areas of Gurugram and Delhi.

The Hindu

PMLA Adjudicating Authority confirms ED attachment of assets in former judge’s case

The ED found that the then judge had allegedly received illegal gratification in the form of loan .

The Hindu

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Money laundering case | Probe agencies should be transparent and not vindictive, says Supreme Court

SC grants bail to M3M directors Basant, Pankaj Bansal in money laundering case. Top court heard submissions of lawyers and granted relief to accused in ED probe linked to alleged bribery case against former judge. ED collected incriminating evidence such as bank statements, money trail, etc. before making arrests.

The Hindu

Bumper payout for founders of London NHS staffing platform Messly after acquisition by Japanese investor

The founders of a London-based doctor recruitment platform aimed at plugging NHS staffing shortages are in line for a major payout after the firm was acquired by a Japanese investor.

Evening Standard

ED arrests nephew of former judge in connection with a bribery case in Haryana

The Enforcement Directorate (ED) has arrested Ajay Parmar — a relative of Sudhir Parmar, who is a former special judge for ED and Central Bureau of Investigation cases — from Haryana’s Panchkula, in connection with an alleged bribery case.

The Hindu

Money laundering case: Delhi HC grants interim protection from arrest to M3M Group owners

NEW DELHI: The Delhi high court has granted interim protection from arrest till July 5 to M3M Group owners Basant Bansal and Pankaj Bansal in a money laundering case linked to real estate firm IREO.

The Times of India

Ad agency M3 finds Paradise in new Birmingham home

Team moves to its third office in the city in just four years as it launches another growth drive

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