Banks are not allowed to lend to developers for purchasing land parcels.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
In mounting trouble for former Maharashtra PWD minister Chhagan Bhujbal, the Enforcement Directorate on Wednesday registered two Economic Case Information Reports against him and others under the provisions of Prevention of Money Laundering Act.
Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
The Harvard alum has known the Yale alum for ages, but hit it off recently.
The Supreme Court on Wednesday directed AIIMS director to constitute a medical board to examine whether Dravida Munnetra Kazhagam chief M Karunanidhi's wife Dayalu Ammal is medically fit to depose as a witness before a Special CBI court in a 2G scam case.
Real estate portal Housing.com has sacked its CEO Rahul Yadav.
An Enforcement Directorate official said that the searches would continue through the day.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Looking for a way out, property developers deal in banned notes.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
UK operations of several Indian companies might take a hit.
With hotels mostly booked, landlords are charging a pretty penny for tourists still seeking accommodation in Rio de Janeiro for the Olympics in August -- asking as much as $2,305 per night for a three-bedroom apartment far from venues and beaches.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Sources say investors of the company have expressed their desire to speak to the management shortly and it could be about discussing Yadav's role in the company.
Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.
Approaches Morgan Stanley, GIC and Blackstone
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
Dilipkumar Lakhi, a prominent diamond merchant and Mumbai's highest individual tax payer till a couple of years ago, has beaten some of the city's top developers to emerge the highest bidder for the iconic Cadbury House.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
State real estate regulators are the best option for home-buyers when it comes to seeking relief. The cases are disposed much faster, and the individuals don't need to engage lawyers as the process is simpler, says Tinesh Bhasin.
Singapore Airline along with its Indian JV partner have got clearance from the aviation ministry.
Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country's commercial capital.
As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
As many as 3,268 title deeds in Sebi's possession would undergo scrutiny and be prepared for sale.
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RBI on Wednesday surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
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