Many companies and their executives are seeking solace from new-age motivational gurus.
Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal
The telecom foray is the second diversification outside its core business of developing residential and commercial real estate -- it is already in the Special Economic Zone space with five zones to be set up across the country.
Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.
The performance of real estate companies is dependent on a lot of intangibles and is prone to errors in assumptions.
In both good and bad times, we will do things that are good for the company and its shareholders. We are not a company that decides strategy on the basis of newspaper articles or analyst comments.
The clampdown will be part of a package from the central bank to make end-use norms for external commercial borrowing (ECB) funds more stringent for various sectors.
Companies dismiss reports of a glut saying the demand for property remains robust.Unitech's consolidated profit numbers, for instance were way below expectations at Rs 401 crore (Rs 4.01 billion), thanks to a delay in some of its projects and the resulting lower revenues. But at the end of October, the stock was trading at levels of Rs 383, up about 50 per cent since August.
The real estate action is no longer limited to the large metropolises of India but has now permeated to the burgeoning smaller towns and cities.
Rediff reader Diwakar Keshri shares his incredible weight loss journey.
Sipika Singh switched careers from being a senior consultant with Ernst and Young to a regional marketing role in the pharma major, Novartis in Singapore.
Builders have a variety of ways of catching the unsuspecting homebuyer on the wrong foot. Here are eight common ones and ways to counter them.
The company proposes to issue 130 crore equity shares of Rs 2 each, which would constitute 11.5 per cent of its post issue share capital, Reliance Energy, the parent company, said in a filing to the Bombay Stock Exchange.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
Apartments that come attached with a hefty price tag are catching everyone's fancy. But is this for real?
A back-of-the-envelope calculation suggests that the total mobilisation through share issues (including rights, initial and follow-on issues) will be at least Rs 1.04 lakh crore (Rs 1.04 trillion).
Move aimed at checking short-term inflow of foreign funds.
Albert, a 13-acre historic town in the state of Texas, has been sold for almost 1.5 million ($2.06 million) on auction Web site eBay, The Daily Telegraph reported on Saturday.
Wachovia, one of the largest banks in the US, with an asset base of more than $700 billion, is set to diversify in India.
A disclosure on its land reserves by the joint venture firm Emaar MGF has sparked off a debate on whether a real estate company with foreign investment can own agricultural land in India. Dubai-based Emaar holds around 41 per cent in the joint venture that is expected to raise Rs 5,000 crore (Rs 50 billion) from an upcoming maiden public issue.
Real estate companies are rushing in on the opportunities galore around the two SEZs promoted by Reliance Industries.
We must not allow another cycle of crazy price rises to set in. Or land banking to become the next new hot industry.
A sustained two-digit average rate of return on capital accrued by developers is indicative of India's "build" momentum
Traders said it is unusual that the grey market is active even after the issue subscription has closed. DLF grey-market shares were priced at Rs 525 per share.
It is important to focus on the 'affordability factor'
The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.
Sobha Developers, a Dubai-based real estate company, will fund the ace Indian long junper's training ahead of the Athens Olympics.
Aiming to expand its presence in Tier-II and Tier III cities, real estate company Ansal Housing and Construction plans to invest Rs 2,000 crore (Rs 20 billion) in the next three to four years for developing seven townships across seven cities.
Advocate Abbad Ponda, his lawyer, said a person with low immunity is easily susceptible to catching coronavirus.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer price from Rs 500-525 per share to Rs 400-450 per share.
Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.
The New Delhi realty firm is gearing up to float an IPO and has now raised its targetted mop-up to Rs 25,000cr.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances