To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
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Chairman Anand Mahindra spoke to Business Standard on affordable housing.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The market breadth, indicating the overall health of the market turned negative from positive
Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.
Suitors came with all-cash offers but were rebuffed
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
Big Mumbai developers' inventory at Rs 53.4 crore.
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
In a departure from its stand, the government has decided to go ahead with the privatisation of the four airports.
Nifty snaps 10-day winning streak
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Tata Motors was the top gainer on better-than-expected June quarter revenues
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Eleven companies, which owe the bank Rs 843 crore, are untraceable.
The exchange may now look to its real estate business for cash flows
'If we keep losing such institutions, we will soon become a city and culture of short-term memory.' 'Nothing to remind us of the years gone by and eventually with nothing to remember.'
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
CBI has registered three FIRs in West Bengal against Saradha group and 44 FIRs in Odisha against chit fund companies allegedly operating on the lines of Saradha.
Two brothers have begun collaborating in certain businesses.
A glance back at some of the important ups and down Indian Inc faced in 2018.
For the June quarter, sales for DLF were down 25 per cent at Rs 1,725 crore (Rs 17.25 billion) over the same quarter a year earlier.
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