With the managing director out on bail & being questioned in relation to the 2G spectrum scam, the company is still not out of the mess.
Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
Move to improve transparency but make liquidity more difficult to come by
As PM talks of lower lending rates, housing companies prepare to cash in.
While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.
Delhi Police's Economic Offences Wing has arrested the Managing Director of Unitech and another person for allegedly not developing a project despite receiving funds from investors, police said.
Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.
About 5.5 million users are looking for real estate online in India
The realty market has been reeling under declining sales, coupled with higher inventory, for the past two years.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Ishaan Real Estate is an investment company that focuses on property development projects in southern and western India.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
Indians are at the top spot for international investment, both in terms of the number of investors and the amount of expenditure
Patel has already been questioned by the ED in an another money laundering case linked to the aviation scam.
The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
Demand for Grade A office space is rising across the country.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
The apex court had also asked Sahara Group to provide it within two weeks the list of "unencumbered properties" which can be put for public auction to realise the remaining over Rs 14,000 crore
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
'Of all of the branches and networks of ISIS, ISIS-K is certainly one of those of most concern.'
Place your bets only on cities where you can easily monitor and where there's visible growth.
Plan to lay off excess staff, trim salaries of top executives.
The revival in Mumbai's property market could help the group.
The slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation.
'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'
Sebi had directed some of these companies to wind up their unregistered schemes and repay investors.
Money Matters Financial Services, whose managing director and two top executives were arrested by the Central Bureau of Investigation in relation to real estate scam, did a debt syndication for at least four real estate companies to the tune of Rs 5,300 crore (Rs 53 billion) since April 2008, an analyst report said.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
The ED's line of questioning, officials said, is revolving around Rhea's income, investments, business and professional deals, and links.
New York-based Citigroup Property Investors on Tuesday announced its partnership with Nitesh Estates, a leading real estate developer in Bangalore, to develop a $100 million 250 room luxury hotel in the city.
'In India, most funds have one or at most two platforms, but we are the only one which has four -- growth equity practice, real estate practice, a special situation and credit platform, and infrastructure.'
A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.
Up to 95 per cent of units in the Noida-Greater Noida mega industrial zone are currently shut.
The meeting is likely to be attended by a number of leading developers, including realty firms DLF and Unitech.
To unravel Khan's overseas business, one has to rewind to 10 years ago when Londoner Richard James Moore floated a real estate company called Winford Estates in Surrey.
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