Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian Administrative Service officer Ashok Khemka is tired of talking about his latest transfer -- allegedly his 42nd one. Khemka was reportedly transferred after he -- as the director general of consolidation of land holdings and land records --- started probing a land deal between realty giant DLF and businessman Robert Vadra.
The Indian stock market boom saw the rise of many wealthy investors. However, some of the high profile companies did not live up to the expectations of investors.
Nishi Tiwari trawled through 140-character outpourings to select the most mordant among the humorous comments flooding Twitter on Robert Vadra. Here's her list.
Robert Vadra dismissed as "utterly false, entirely baseless and defamatory" allegations over his property dealings with DLF and said he was saddened by attempt of activists Arvind Kejriwal and Prashant Bhushan to malign him and his family to "gain cheap publicity".
Signalling bounce back of the real estate sector after a prolonged slowdown, developers including Supertech and Ansal API, announced investments of nearly Rs 8,000 crore on projects over the next four years.
Senior Haryana Indian Administrative Service officer Ashok Khemka, who stirred a political storm by alleging irregularities in the Robert Vadra-DLF land deals, on Friday said he had got two threat calls within a fortnight and accused the police of not taking any action.
High drama was witnessed at Arvind Kejriwal's press meet on Sunday when he was angrily confronted by a woman claiming to be a former IAC volunteer and sharply questioned on his conduct.
Congress general secretary Digvijay Singh on Sunday suggested that there was evidence against the kin of former Prime Minster Atal Behari Vajpayee and L K Advani of alleged corruption and wrong-doing but Congress will never use that to embarrass them.
Activist Arvind Kejriwal on Tuesday questioned the transfer of a senior Haryana IAS officer, alleging that he was shunted out because he ordered a probe into the land deal allegedly involving Robert Vadra and realty major DLF. A 1991-batch officer, Ashok Khemka, director-general of land consolidation and land records-cum-inspector general of registration in Haryana, was transferred out of the post within three months of assuming charge.
Anti-corruption-activist-turned -politician Arvind Kejriwal has emerged as the 'new theme' for stock market traders.
Congress on Friday backed to the hilt Robert Vadra, Sonia Gandhi's son-in-law, in the wake of an allegation by civil society activists Arvind Kejriwal and Prashant Bhushan that he was hugely favoured by realty major DLF.
Many developers are facing financial challenges after the IL&FS defaults, after which non-banking finance companies - the major financiers to real estate firms - slowed disbursals.
The Bharatiya Janata Party on Thursday hit out at the Prime Minister's Office for giving a clean chit to Congress president Sonia Gandhi's son-in-law Robert Vadra in the land deals with realty major DLF in Haryana and sought to know how it arrived at this conclusion without conducting any probe. "Is it the Prime Minister's Office or a bailout office? We say this with full responsibility," BJP chief spokesperson Ravi Shankar Prasad said.
Shift to new business model to help companies cut capital cost, increase margins.
The BSE Realty Index is on a downhill journey.
Plan to lay off excess staff, trim salaries of top executives.
Analysts rue the research firm's dramatic delivery approach, pan the bear cartel view.
Senior Haryana Indian Administrative Service officer Ashok Khemka, who stirred a political storm by alleging irregularities in the Robert Vadra-DLF land deals, on Monday said he feels there is no need of security being provided to him and he wants a fair and quick investigation into the threat received by him.
There has been no undervaluation of properties sold or bought by Robert Vadra or his companies in four Haryana districts, a probe ordered by whisteblower IAS officer Ashok Khemka is understood to have found amid a row over deals between Congress chief's son-in-law and DLF.
Against the backdrop of charges against Congress chief Sonia Gandhi's son-in-law Robert Vadra and realty major DLF, the Janata Dal-United on Thursday said the key issue of Foreign Direct Investment in multi-brand retail should not be forgotten in the din over other issues and suspected that those involved in coal and 2G scams may be trying to divert attention.
Sections of the Congress party are of the view that the party would have kept itself out of any embarrassment had it not gone about defending Robert Vadra. Renu Mittal reports
"The attack (by Arvind Kejriwal and Prashant Bhushan), which was made under a well-planned conspiracy was not on an individual but on Congress and its leadership. It was alleged that the blackmoney of Congress was invested in it. If such an allegation is made, a clarification will certainly come from Congress," party spokesperson Rashid Alvi told media persons.
Congress has rejected demands for a probe against Robert Vadra, Sonia Gandhi's son-in-law, in the wake of allegation by civil society activists Arvind Kejriwal and Prashant Bhushan that he was favoured by realty major DLF.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Soft drinks giant Pepsi is the new title sponsor of the cash-rich Indian Premier League. It won the bid for title rights for five years by paying a whopping Rs 396 crore. Pepsi pipped Aircel, which offered Rs 316 crore, in the bid for the title sponsorship of the Twenty20 tournament.
Had DLF not given Vadra the Rs 50 crore advance, he would not have had the money to go on a land-buying spree
The BCCI, on Monday initiated the process of finding a new title sponsor for the Indian Premier League by floating tender notices for the same.
Royal Challengers Bangalore captain Virat Kohli has been fined $ 20,000 for his team's slow over-rate during the IPL match against Delhi Daredevils in New Delhi.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
Indian billionaire Shiv Nadar's foray into the insurance sector is likely to fructify soon. DLF Pramerica Life, seeking an Indian partner for its operation, is in talks with Nadar's HCL Group to sell a majority stake. According to those in the know, both parties are back on the table to iron out the nitty-gritty, after the deal got stuck a year back due to stringent guidelines.
Robert Vadra, who is at the centre of a controversy over his property dealings with realty giant DLF and others, began investing in real estate five years ago, in 2007-08.
Sector insiders and analysts say this is due to combination of slowing property markets and liquidity issues.
Cracking the whip on whistleblower IAS officer Ashok Khemka, the Haryana government has decided to charge sheet him for alleged administrative misconduct in cancelling the mutation of the land deal between Robert Vadra and real estate major DLF in Gurgaon.
Australia captain Michael Clarke has been signed by Pune Warriors India for the forthcoming season of the Indian Premier League.
Big projects may wait till second half of the year as developers turn focus towards execution and delivery
Real estate bill seeks to impose penalties, including de-registration of the project and other fines in case of a breach.
Rajasthan Royals have signed England batsman Owais Shah as a replacement for Shane Warne, who has retired from all professional cricket.
The BoA, a 19-member inter-ministerial body that deals with special economic zone -related matters, is scheduled to meet on September 9.
In a Facebook post Vadra has said that all allegations being levelled against him are baseless.
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