Dubai's Emaar Properties is aware of a media report that its Group Chief Executive Amit Jain has been detained in India, a spokesperson for the company said on Saturday
The company has announced salary cut of 50 per cent for the senior management, 40 per cent for middle management and 30 per cent for junior employees.
Emaar has worked hard to complete all pending projects post-demerger with its Indian joint venture partner
Emaar MGF existed for over a decade