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.
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.
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.
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.
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.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
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.
Launches of new homes reduced drastically this year.
Known for his habit of dozing off, India's former Prime Minister H D Deve Gowda was literally caught napping when industry leaders went to meet him to discuss the deteriorating state of the Indian economy, DLF Chairman K P Singh has recollected in his autobiography.
American pop star Katy Perry will perform during the opening ceremony of the fifth edition of the Indian Premier League on April 3, the organizers announced on Tuesday.
Take a look at what economists and analysts have to say about this budget.
The biggest losers on the National Stock Exchange's benchmark Nifty 50 index are stocks that have seen the highest turnover over the past 12 months, according a report by Morgan Stanley.
Scottish golfer Peter Whiteford, who was overnight tied second at the tri-sanctioned Avantha Masters in New Delhi, was on Sunday disqualified from the final round for moving the ball during the third round.
The shortage of labour, a fund crunch, high interest rates and steep input costs have hammered the net profits of major real estate developers in the second quarter.
The fifth edition of the Indian Premier League will be held from April 4 to May 27, 2012, with the inaugural match to be played in Chennai. The IPL Governing Council, after its meeting in Hyderabad on Friday, decided that player regulation, including participation of Pakistani players, and trading modalities of the auction, will be discussed at the next meeting, the dates of which were not announced.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Be it India's Shiv Kapur or South African Brandon Stone, the golfers are keeping a close eye on the ongoing tournament.
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