Fresh FIR Against Ex-Lodha Developers Director Rajendra Lodha | Alleged Fraud in Mumbai Flat Deal
By India Today
A fresh First Information Report has been registered at Mumbai's NM Joshi Marg Police Station against former Lodha Developers director Rajendra Lodha and five others for allegedly causing losses worth 6.67 crore rupees to the company. The complaint pertains to a 2019 transaction involving land acquisition in Bhiwandi…
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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