The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.
Office space leasing in the Delhi-NCR region jumped more than three-fold to nearly 1.5 million sq ft during the January-March period, mainly due to higher absorption by IT firms in Gurgaon.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Indians are the biggest non-Arab investors in Dubai's real estate market.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
Telecom Minister Dayanidhi Maran said that free broadband service in India could soon become a reality. He also said that zero-rental landline phones too might soon see the light of day.
Telecom major Bharti Airtel on Wednesday reduced roaming tariffs by up to 56 per cent and also scrapped the rental for roaming services as per the telecom regulator TRAI's guidelines issued last month.
Govt doesn't buy restaurants' input tax excuse and has swing into action and looking into profiteering complaints on social media against prominent restaurant and franchise chains.
Increase in service tax would make properties costlier to buyers.
The services in Delhi will start from November 1, with a basic monthly rental of Rs 125 for more than 30 free-to-air channels and Rs 500 as security deposit.
With a view to attract customers, state-run BSNL on Friday reduced the installation charges of modem taken on monthly rental basis from BSNL to Rs 250 from Rs 500 for its broadband service DataOne.
In an apparent lack of desired response to its much hyped OneIndia tariff plan for fixed line services, state owned BSNL on Tuesday lowered its rental to Rs 225 a month from Rs 299 and also offered 25 free calls in a month. \n\n
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
BSNL has warned that the fixed line telephone charges would go up considerably in case TRAI reduces the access deficit charge.n
The year 2018 is likely to be steady in terms of institutional investment into real estate
While student housing, retirement homes, and co-living spaces are going to be new realty growth drivers, Parekh also said foreign investors have also been investing in a big way in good commercial projects, while warehousing is another segment where they are showing keen interest.
Know what terms like anti-profiteering, CGST, SGST, IGST means in the new regime
Manish Sabharwal tackles 5 criticisms of demonetisation.
Hathway Cable Internet, one of the India's largest broadband cable Internet service providers, has introduced new broadband packages -- Liteway and Paceway -- providing high-speed Internet connection.
The former Karnataka minister said the ED has asked him to appear before it in Delhi on Friday by 1 pm and he was considering all legal options.
You can reduce your tax burden by wisely using partially taxable allowances, suggests Bindisha Sarang.
Budget might turn out to be neutral for the sector.
Most borrowers of loans against property pin hopes on future cash flows from their business, but in case of failure to repay the loan, the lender can repossess the property and sell it.
During his tenure as an apex court judge, Justice Lokur had dealt with pollution matter which included the aspect of stubble burning.
Starting afresh in a new domain or with a new employer or opting for entrepreneurship can be the brighter side of job loss.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's (formerly Lodha Developers) upcoming debt maturities.
The company asked its users to sign a petition - #BringUberBack
Real estate sector cheers reforms in the Budget.
BSNL will allow free local and STD calls to other BSNL mobile phone users as well as 100 MB data for seven days for its prepaid users.
Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now valued at about $577 million.
Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh.
Income from renting of properties is taxed at a flat rate of 10%.
India is a $180-billion automobile market, including vehicles and services. Of this, only $1 billion is online.
