Jones Lang LaSalle report examines how companies are using CRE to drive the bottom line
Understanding cultural differences is the key to successful workplace change programs in Asia, according to a new report from Jones Lang LaSalle.
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Revenues of top 25 listed realty companies decline by 9.30% in Q4FY12
Revenues of top-25 realty companies declined 9.30% in Q4FY12, mainly on account of low sales off-take due to higher prices and higher mortgage rates, says a Knight Frank India Research on Economy and Realty at glance. The study says the Realty Index on Bombay Stock Exchange (BSE) has dropped by more than 26% during the last one year compared to a 10% fall in the Sensex during the last fiscal year.
CCI issues order against cement manufacturers, imposes penalty of more than six thousand crores on 11 cement companies
The Competition Commission of India has found cement manufacturers in violation of the provisions of the Competition Act, 2002 which deals with anticompetitive agreements including Cartels. The order was passed pursuant to investigation carried out by the Director General upon information filed by Builders Association of India.
50 Indian companies participate in realty conference in Sri Lanka
India-Sri Lanka bilateral trade has increased by over 65% last year, close to U.S. $5 billion, Indian High Commissioner to Sri Lanka Ashok K. Kantha, has said.
Not so happy Q4 results expected for realty companies
Real estate companies reeling under the bad debt and falling sales graph are expected to record yet another bearish quarterly results with most of the listed companies’ shares already in the red. Listed real estate companies represented by the Realty Index on BSE have witnessed a fall of 1.7 per cent over the past one month.
Rate hike adds to debt burden of real estate companies
Continuous rise in interest rates by the banks is dampening the effort of the real estate companies to reduce debt by selling non-core assets.
Forbes ranks Ashiana Housing in ‘Asia’s best under a billion’ companies
Ashiana Housing Ltd., Delhi based real estate player becomes the only real estate company from India to figure in ‘Asia’s Best Under A Billion1 list of companies compiled by the Forbes magazine for 2011.
CCI may slap more penalty to DLF and other realty companies
Real estate giant DLF may have to pay Rs.900 crore extra penalty if the Competition Commission of India (CCI) finds it guilty of abusing its dominant market position in three more projects in Gurgaon.
Lack of teeth in Rural Development Ministry gives tainted companies lifeline
The Ministry of Rural Development has decided to get the names of the companies IL&FS Ltd, Infrastructure Kerala Ltd, Marg Ltd, Megha Engineering Infrastructure Ltd and Seri Infrastructure Finance Ltd cleared from the Ministry of Corporate Affairs.
Indiabulls promoters group companies increase stake to 25.57%
Indiabulls Real Estate Ltd said on Friday its promoter group companies have increased their stake to 25.57 percent in the firm by acquiring shares from the open market.