Moneycontrol
Last Updated : Apr 20, 2011 05:58 PM IST | Source: CNBC-TV18

See no impact on projects due to 2G scam: DB Realty

Even though the DB Realty is sailing in a sinking boat, the company thinks that it will not affect its forthcoming projects.


Even though DB Realty is in troubled waters, the company thinks that it will not affect its forthcoming projects.


The company in a press statement says that the telecom scam will not affect DB Realty. On a rather optimistic note, N Shridhar, Group Director (Business, Strategy and Finance), DB Realty said that the company has strong management team and accomplished professionals. Hence, all projects will continue to be executed as per schedule.

The trial court has rejected bail to five accused in the 2G case. These include Chandra Managing director of Unitech, Vinod Goenka director of Swan Telecom along with three Reliance ADAG executives

First Published on Apr 20, 2011 02:42 pm
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