Indiabulls Real Estate Ltd (IBREL) has reported nearly four-fold jump in its consolidated net profit at Rs 301.16 crore for the second quarter of this fiscal year. Its net profit stood at Rs 75.91 crore in […]
After climbing to an all-time high of 40,312 on June 4, the Sensex maintained a downward trend in the days to come. It dropped 10.4 per cent from its peak to hit its lowest on […]
In the pre-Onam week in 2018, there was a slight sales drop of about Rs 17 crore. Defying headlines on demand slowdown, Kerala has notched Rs 487-crore Indian made foreign liquor (IMFL) sales, in the […]
Mumbai: Capital-starved non-banking finance companies (NBFCs) may see signs of easing after finance minister Nirmala Sitharaman announced a slew of measures aimed at reviving them. The National Housing Bank (NHB) can now extend up to Rs 30,000 crore […]
Lending to real estate developers by non-banking finance companies and housing finance firms (HFCs) fell by almost half to about Rs 27,000 crore because of liquidity crisis triggered by IL&FS default in September last, according […]
Canada’s Brookfield Asset Management is acquiring a prime Mumbai real estate asset spread across 9.67 acres, which includes a 100-room premium hotel, for Rs 750 crore from Sanjay Narang-owned Mars Enterprises and Hospitality Ltd, said […]
Logistic firm Bhumika group has forayed into real estate and is developing a mixed use project at Udaipur, Rajasthan with an investment of Rs 300 crore. The company is developing over 10 lakh sq ft […]
Three of the 10 most valued firms together added Rs 40,597 crore in market valuation last week, with TCS emerging as the biggest gainer. From the top-10 pack, TCS, HDFC and Infosys saw gains to […]