EOW files FIR against ATS Infrastructure due to homebuyers' complaints

14 Nov 2023 CW Team

The directors and promoters of ATS Infrastructure have been accused by homebuyers of deceiving them in connection with the company's project named 'Marigold,' resulting in the Economic Offences Wing registering a First Information Report (FIR). It has been alleged by approximately 1,860 individuals that they have suffered a financial loss of Rs 120.9 million, causing both mental distress and economic hardship for those who invested in the aforementioned project. The police have reported that no arrests have been made at this point, and investigations into the matter are currently ongoing.

According to the FIR, Getamber Anand, the director of ATS, was actively seeking individuals to invest in the 'Marigold' project. This project is situated on a piece of land measuring 11.1 acres in the village of Harsaru, falling within Sector 89A of Gurgaon, and is being developed by the company. The FIR alleges that in 2018, Anand, in collaboration with other directors of ATS RBPL, manipulated and persuaded the complainants to invest in the 'project.'

Infrastructure Urban

23 May 2025

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Infrastructure Urban

23 May 2025

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi鈥檚 daily average Air Quality Index (AQI) clocked 213 (鈥楶oor鈥� category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording 鈥楶oor鈥� air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Infrastructure Urban

23 May 2025

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of 鈥淔inancial Fraud Risk Indicator (FRI)鈥� with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the 鈥淔inancial ..