DLF's scrip today plunged over 8 per cent following reports that its promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 per cent stake in the company's rental arm, DCCDL Ltd, for an estimated Rs 13,000 crore. The stock tanked ... Business Standard, 4 weeks ago
Realty stocks saw heavy profit-taking on Thursday after a surge of 13 to 36 per cent in the last three months. The BSE Realty Index fell 4.34 per cent, led by a sharp fall in real estate heavyweights DLF (-8.11 per cent), Indiabulls Real Estate (-6.21 per ...The Financial Chronicle, 3 weeks ago
The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI may lower rate at its policy meet on Wednesday. Driven by the ...Deccan Herald, 1 month ago
Budget 2017 offers hikes in government spending and cuts in taxes as Prime Minister Narendra Modi promises to help the poor and to win back the votes of those hit by his crackdown on "black money". Finance Minister Arun Jaitley announced increases in spending ...Sify, 1 month ago Budget 2017: Likely winners and losers - Sectors and Companies Sify, 1 month ago FACTBOX: Likely corporate winners and losers from India's 2017 budget Sify, 1 month ago
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra Kamath/Business Standard from Mumbai. The year 2016 was good for commercial real estate, including malls and office property. However, pain continued for residential real estate. While the housing segment went through a prolonged slowdown, the Real Estate (Regulation & Development) Act or Rera was a further ...Rediff.com, 2 months ago
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