Phadnis Group plans Rs 800 crore expansion
Pune-based Phadnis Group is planning to invest Rs.800 crore in diverse sectors including real estate, hospitality and infrastructure in the next three years.
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JP Morgan invests $30 mn in Parsvnath project
JP Morgan has invested $30 million in Parsvnath Developers’ residential project La Tropicana coming up in the Civil Lines area of New Delhi.
Supertech to expand geographical presence before IPO
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
DLF eyes Rs 7000cr from sale of assets
DLF plans to raise Rs.7,000 crore in the next two to three years from the sale of non-core assets to reduce its net debt of Rs.21,424 crore.
DLF plots offset to costs blow
DLF Ltd will focus on plotted development in the short term in a bid to weather the blow from rising inflation and input costs.
DLF reports marginal drop in net profit
DLF Ltd has reported a marginal drop of 4.8% in its net profit for the year ending 31 March 2011.
Bail pleas of Shahid Balwa & Asif Balwa dismissed
A Delhi court on Tuesday dismissed the bail pleas of Swan Telecom promoter Shahid Usman Balwa, his cousin Asif Balwa and their associate Rajeev Agarwal in the 2G spectrum allocation case.
CHD Developers Q4 net profit skyrockets
CHD Developers Ltd. has reported its all time highest net sales of Rs. 86.11 crore for the quarter ended March 31, 2011.
Yash Birla Group buys Aircon for Rs 10 crore; forays into infrastructure
Yash Birla Group has acquired Calcutta-based Aircon Engineering Services for Rs.10 crore, marking its foray in the infrastructure space.
Kohinoor Elite to bridge demand-supply mismatch for young business travellers
Rakesh Dhamija has spent five years with a multinational company in Spain. During his morning-to-evening business travels he always opted for hotel lounges in various parts of Europe.