EKI Energy and Shell Overseas set up JV for nature-based solutions in India

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EKI Energy Services Ltd and Shell Overseas Investments BV, a unit of Royal Dutch Shell plc, on Friday signed an agreement to set up a joint venture to work on nature-based solutions in India. ET on Wednesday was the first to report that Indore-based green consultancy EKI Energy Services will float a joint venture with…Continue Reading

52 shell companies helped Unitech promoters launder money

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Promoters of Unitech Group allegedly incorporated, controlled and managed more than 52 shell companies through their confidants including some employees to launder money from the real estate developer, people privy to an Enforcement Directorate (ED) investigation into the matter told ET. Directors of the said shell companies have admitted to the agency that they were…Continue Reading