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.
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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.
The Indian rental housing sector – State of apathy
The Indian rental housing sector is seriously under-serviced by the organized real estate industry.
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.
Phadnis Infra plans to invest Rs 1,700 crore over 5 years
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
Zinc Hospitality to bring its own brands to India
Real estate developer Zinc Hospitality, which holds equity in properties like Taj Safaris, Taj Asia, Hilton in New York and India Safaris, is all set to bring its own brands to India.
Realtors offering dicey deals arrested
Delhi Police have busted a gang of fraudulent real estate managers who had tricked people into buying land in Masharashtra towns at ‘low rates’ and fled.