DLF buys Hilton’s 26% stake in hotel JV
DLF has bought its partner Hilton’s 26% share in joint venture DLF Hotels & Hospitality for Rs.120 crore.
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DLF to divest entire stake in Galaxy Mercantile
DLF has signed an agreement to divest all its stake in Galaxy Mercantile Ltd, a joint venture company between DLF Home Developers Ltd and Infrastructure Development Finance Company Ltd (IDFC).
DLF receives first tranche of Rs 200 crore from IDFC for Noida IT Park
DLF has informed the Bombay Stock Exchange that it has received the first tranche of Rs.200 crore from IDFC, which is in the process of acquiring 100% shareholding in a JV company of DLF called Galaxy Mercantile.
International hotel chain look up to Asia Pacific for expansion
While the rest of the world continues to recover from decreased tourism, international hotel chains are bullish to the Asia Pacific region where the travel market is on the rise and struggling to keep up with the demand.
RoC to examine Sahara firms’ books for violation of norms
Sahara’s defiance against the market regulator SEBI seems to have opened the can of worms for the company.
Gold Souk denies links with Gold Sukh Trade India
With reference to the media reports on scam in Gold Sukh Trade India in Jaipur, the real estate developers Gold Souk has denied any links with this company and has issued a release to “inform the general public at large that some person(s) is/are misusing the name of ‘GOLD SOUK’.
Chintels India gets into brand makeover
Chintels India, the Delhi-NCR based developer has announced its new corporate identity with the launch of a new corporate logo.
Tata Sons to infuse Rs 500 crore in Tata Housing
Tata Sons will reportedly infuse Rs.500 crore into the group’s real estate arm, Tata Housing Development Company, through a fresh issue of equity shares, the company sources said.
Delhi HC reserves order on plea of DLF filed against SEBI’s order
The Delhi High Court on Wednesday, Nov 23, reserved its order on a plea of DLF Ltd challenging an order of market regulator SEBI to probe accusations by a Delhi-based businessman that he was duped of Rs. 34 crore by the realty major.
Crazeal.com partners RCL to offer discount deals
Crazeal, the India unit of group buying site Groupon has partnered with real estate developer RCL Homes to offer discount on purchase of a property in Karjat in Maharashtra.