Monday, July 28, 2025

Creating liberating content

Related News

Gold prices declined by Rs 500 to Rs 98,020 per 10 grams in the national capital on Monday, marking the fourth straight day of losses, as investor demand weakened after

India’s industrial output growth slipped to a 10-month low of 1.5% in June 2025, dragged down by contractions in mining and electricity production due to the early arrival of the

NEW DELHI: India could lose around Rs 4,060 crore in customs revenue in the first year of its newly signed free trade agreement (FTA) with the United Kingdom, according to

Coal and Mines Minister G Kishan Reddy on Monday informed Parliament that promising reserves of rare earth elements (REE) have been discovered in the Singrauli coalfields of Madhya Pradesh, following

NEW DELHI: Shares of major IT companies dropped sharply on Monday after Tata Consultancy Services (TCS) announced plans to reduce its global workforce by 2 percent, cutting around 12,000 jobs.The

NEW DELHI: India’s landmark trade deal with the United Kingdom has laid the groundwork for a major leap in exports.A top industry leader has called it a “golden opportunity” for

Trending News

Coal and Mines Minister G Kishan Reddy on Monday informed Parliament that promising reserves of rare earth elements (REE) have been discovered in the Singrauli coalfields of Madhya Pradesh, following

NEW DELHI: Shares of major IT companies dropped sharply on Monday after Tata Consultancy Services (TCS) announced plans to reduce its global workforce by 2 percent, cutting around 12,000 jobs.The

Access Denied You don’t have permission to access ” on this server. Reference #18.77fdd417.1753688561.2b7dbc2 Source link

TCS reported a global workforce of 613,069 employees at the close of June 2025. TCS share price today: Tata Consultancy Services (TCS) shares dropped by 1.7% to reach Rs 3,081.20

Russia’s Nordwind Airlines Boeing 777-200ER takes-off for the first flight connecting Moscow and Pyongyang at Moscow’s Sheremetyevo International Airport. (Picture credit: AP) Russia has started direct commercial flights between Moscow

NEW DELHI: Amid signals of companies holding back on investment decisions due to the global uncertainty, govt and Invest India have identified Electronics System Design and Manufacturing, non-leather footwear, chemicals,

Lodha vs Lodha: ‘Brother’s co faked documents to use branding in Goa project’

Word Count: 627 | Estimated Reading Time: 4 minutes


Lodha vs Lodha: 'Brother's co faked documents to use branding in Goa project'

MUMBAI: What’s in a name? A lot for the embittered Lodha siblings. Abhishek Lodha-led Macrotech Developers, in a statement to exchanges, alleged that entities belonging to his younger brother’s House of Abhinandan Lodha fabricated documents to wrongfully use the ‘Lodha’ brand name for a Goa project.
Macrotech, one of the largest real estate companies in India, claimed that the entities had fabricated a board resolution dated July 22, 2022 of the listed entity, which never existed, to grant itself permission to use the ‘Lodha’ name.
Macrotech (earlier known as Lodha Developers) also said that the fake board resolution with no-objection certificate for the use of Lodha brand was used to obtain govt permission. “No board meeting of the company has been held on the date which is stated in these board resolution, and the company’s board has never considered or approved such board resolutions in any of its meetings whatsoever,” Macrotech said in its disclosure.
A spokesperson for Lodha Ventures, that operates under the House of Abhinandan Lodha brand name, said that the company was “internally looking into the matter” and would revert with a detailed response. “Suffice to state that House of Abhinandan Lodha does not admit any of the allegations of fraud and forgery sought to be attributed to us.”
The brothers – Abhishek and Abhinandan – have been fighting a legal battle for the copyright over the ‘Lodha’ brand name in their respective real estate businesses.
According to sources, in mid-2022, House of Abhinandan Lodha first fabricated Macrotech’s board resolution that allowed four companies – Lodha Landbuild Infrastructure, Lodha Bhoomi Nirman, Lodha Land Design Infra, and Lodha Pictorials Landinfra – to use the Lodha brand name. At the same time House of Abhinandan Lodha changed the name of one of its companies, Varpan Land Developers, to Lodha Landbuild Infrastructure.





Source link

Most Popular Articles