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Friday, March 29, 2019

Amrapali diverted Rs 3,000 cr: Auditors to SC

Seven months after the Supreme Court ordered a forensic audit of Amrapali group to track misuse of homebuyers' money, the final report said illegal diversion of over Rs 3,000 crore led to the financial collapse of the group, leaving thousands of investors stranded.

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Indichip Semiconductors inks deal with Andhra govt to set up Rs 14,000 crore facility

Amaravati-based Indichip Semiconductors Ltd and Japan's Yitoa Micro Technology will invest Rs 14,000 crore in Andhra Pradesh to establis...