Encouraging results for the fourth quarter of the 2022-23 financial year (Q4FY23) have led to a big surge in the share price of DLF. The realty major closed FY23 with Rs 15,000 crore (up 107 per cent year-on-year or YoY) of pre-sales, leading to cash generation of Rs 2,500 crore (up 14 per cent YoY) and reduced net debt by Rs 1,960 crore YoY. The launch of The Arbour project in Q4FY23 alone drove sales of Rs 8,000 crore in the quarter.
A bench comprising Chief Justice D Y Chandrachud and justices S Ravindra Bhat and Bela M Trivedi will decide by circulation in chambers the fate of the five review petitions at 1.50 PM on March 2.
The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its creditors on pro-rata basis. The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units (Infrastructure Investment Trusts) and a majority of this is to be distributed to the creditors of three large group firms -- IL&FS, IFIN and ITNL. "The interim distribution shall be confined only to the entities as reflected in Annexure-6 except those excluded and for the amount of Rs 16,361 crores i.e Rs 11,296 crore of cash and Rs 5,065 crores of InvIT Units," said an order by a two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan.
A Delhi Police team probing the killing of Shradha Walkar visited the office of a private firm in Gurugram where the accused Aaftab Amin Poonawala used to work, officials said.
Properties worth over Rs 150 crore of real estate firm Unitech Group have been attached in a money laundering case, the Enforcement Directorate (ED) said on Tuesday. The assets include a dozen of land pieces measuring a total of 48.56 acres in Gurgaon near Delhi.
The accused made the call so that his childhood friends could spend more time with their girlfriends, who were going to Pune, at the Delhi airport, the police said.
Samvardhinee Nyas, an affiliate of the Rashtriya Swayamsevak Sangh, has started a campaign titled 'Garbha Sanskar' for pregnant women to teach babies culture and values in the womb, its national organising secretary Madhuri Marathe said on Monday.
From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out.
The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.
Saxena has also approved engaging Solicitor General Tushar Mehta to represent the Delhi government in the case, a senior official said.
The ongoing crackdown on Khalistan supporters has brought to light a questionable delay in revoking arms licences granted to the armed guards of radical preacher Amritpal Singh in Jammu and Kashmir, officials said.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Vehicles piled up and many people were seen reasoning with the police as they were not allowed to enter Delhi from Uttar Pradesh and Haryana.
'A penalty of Rs 500 was immediately imposed as per rules on Wednesday and the fine amount was also remitted. The worker was using running water to clean the car, leading to wastage of water'
The police was granted custody of Poonawala for five more days by a court in New Delhi.
According to sources, the confessions of Poonawala during his 14 days of police custody are similar to those in response to the questions asked during his polygraph and narco analysis test.
One of the videos showed a policeman standing next to the victim, dressed in a T-shirt and track-pants, while several people were seen witnessing the violence unfold on the road as mute spectators.
Special judge MK Nagpal will also hear arguments on Arora's plea to grant him pardon in the matter and allow him to become a witness in the matter.
Khattar, 66, had developed fever and body ache three days prior to testing positive for COVID-19.
'His condition is stable and he continues to be under medical observation...We request you to pray for his speedy recovery'
The Supreme Court on Wednesday agreed to constitute a three-judge bench to consider the Delhi police's plea for a review of its verdict acquitting three death row convicts in the gangrape and murder of a 19-year-old girl in Delhi's Chhawla area in 2012.
Officials said the CBI has not felt the need to issue LOCs against public servants so far because they cannot leave the country without intimating the government.
'The district administration failed and it was a very costly failure.'
Five people, including one who holds a PhD in human resources, have been arrested from Gurgaon for allegedly duping over 500 people of Rs 7.5 crore on the pretext of providing them jobs in leading multi-national companies, Delhi Police said on Friday.
Days after his shows at a Gurugram bar were called off following threats by right-wing organisations, stand-up comic Kunal Kamra on Sunday wrote an open letter to the Vishva Hindu Parishad (VHP), challenging it to condemn Mahatma Gandhi's assassin Nathuram Godse.
A source at Medanta hospital in Gurgaon said Patra was 'admitted in the morning and is stable'.
Couples -- young and old -- celebrated Valentine's Day on Tuesday with flowers and gifts even as a few right-wing outfits played spoilsport in some parts of the country.
A 35-year-old Chinese man was apprehended by the Border Security Force (BSF) from along the India-Bangladesh international border in West Bengal on Thursday, with the paramilitary force saying security agencies are probing if he was working for an intelligence agency of the neighbouring country, officials said.
A day after over seven persons brazenly opened fire in an Intensive Care Unit of a private hospital here, one of the injured persons today succumbed to his injuries while his father was battling for life, even as the police on Wednesday claimed to have arrested the key accused.
Gurgaon based Divyanshi Singhal's doodle of Walking Trees was selected from over 1.1 lakh entries across India.
The city's air quality index stood at 385 at 9.05 am, while that of Noida, Gurgaon and Greater Noida was recorded at 406, 363, 296, respectively.
Kohli, who was replaced as ODI captain by Rohit Sharma last week, spoke on three issues during a press conference earlier this week.
Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by the end of December.
Three people including gangster Jitendra Gogi were killed in a shootout on Friday at Delhi's Rohini court, the police said.
The bravery wall has the names of 138 officers, including five who got the awards posthumously.
Chautala was jailed in 2013 in connection with the teacher recruitment scam case. He was on emergency parole since March 26, 2020, due to the Covid pandemic and was scheduled to surrender on February 21, 2021.
Congress leader Kanhaiya Kumar on Wednesday claimed the Bharatiya Janata Party's 1990 rath yatra was for seeking "satta (power)", but the Congress's 'Bharat Jodo Yatra' is for "satya (truth)".
The Ayanagar weather station recorded 122.8 mm between 8.30 am on Wednesday and 8.30 am on Thursday, which was 11 times the normal rainfall.
Gangubai Kathiawadi dominated the 68th Filmfare awards, held on April 27 in Mumbai, as it picked up 10 awards including Best Film, Best Director for Sanjay Leela Bhansali and Best Actress for Alia Bhatt.
