Board of directors of Unitech Wireless to clear name on Tuesday.
In spite of some initial hiccups due to problems in land acquisition, the real estate projects by Unitech in West Bengal were now on track. After facing delays due to problems in land acquisition, work at the proposed logistics hub on Kona Expressway had started.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
Two top executives of Tata group -- Chairman of the group's realty and infrastructure arm R Krishna Kumar and its Managing Director and Chief Executive Officer Sanjay G Ubale -- were on Thursday questioned by the CBI in connection with the 2G spectrum allocation scam.
Domestic brokerage Sharekhan's last month's analysis of buy and sell transactions by mutual funds shows that the fund houses purchased stocks from sectors such as infrastructure, IT, telecom and healthcare, while offloading shares from oil and gas and banking sectors. Domestic mutual funds are lapping up the buying opportunity present in the bear gripped stock market and made net purchases worth Rs 3,179 crore (Rs 31.79 billion) in equities in June.
More than 50 companies had rushed to make qualified institutional placements after real estate firms like Unitech and Indiabulls raised money through this route. Now it appears that only some of these companies may be able to raise equity through this route, on rising concerns over valuations and over-supply.
The mobile tariffs in the world's cheapest telecom market are set to fall further by at least 20-25 per cent during the year, more so due to increasing number of telecom operators and infrastructure overcapacity.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
If you are already invested in real estate stocks, you've made your money, exit
Infrastructure and real estate prominently feature as wealth destroyers.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
The decision was taken by an inter-ministerial Board of Approval.
DLF, Indiabulls Real Estate, HDIL, YES Bank, Union Bank of India and Maruti Suzuki are down 4-12% on NSE.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
The restraint on part of investors was chiefly because of RBI's minutes of its December policy meeting, which showed that some members were concerned about rising oil prices, its inflationary impact and possibility of fiscal slippage.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Govt relaxed norms for the floor area ratio and ground coverage for plots.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
.jpg)
Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Sensex firm on favourable GDP numbers for FY16.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
No effect on ongoing projects, says company.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Banking and real estate stocks rise up to 5% on further rate-cut hope.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances