HDIL Q1 profit jumps over threefold at Rs 24.7 crore
NEW DELHI: Realty firm HDIL on Tuesday reported more than threefold jump in consolidated net profit at Rs 24.70 crore on higher sales. Its net profit stood at Rs 7.54… Read more »
Monthly Archives: August 2018
Dubai’s Emaar Properties posts 2% Q2 profit rise
By: Tom Arnold DUBAI: Emaar Properties, Dubai’s largest listed developer, on Tuesday reported a 2 % rise in second-quarter net profit after the impact of the public listing of its… Read more »
Builders stage protest to oppose sealing, demolition drive in Ghaziabad
GHAZIABAD: Scores of builders staged protest on Tuesday and burnt effigy of vice chairperson of the Ghaziabad Development Authority (GDA) to oppose the ongoing demolition drive against illegally constructed buildings… Read more »
Tata Steel posts more than double net profit in Q1
MUMBAI: Tata Steel on Monday reported more than double consolidated net profit at Rs 1,934 crore in the quarter ended June 30, as compared to Rs 921 crore in the… Read more »
DLF’s sales bookings may double this fiscal to Rs 2,250 crore
NEW DELHI: Realty major DLF expects its net sales bookings to more than double to Rs 2,250 crore in the current fiscal on improved demand for ready-to-move-in flats, the company… Read more »
Cidco violates MahaRera rules; advertises housing projects without registration
MUMBAI: In a major violation of MahaRera norms by a state agency, Navi Mumbai town planning authority Cidco has advertised its recently launched housing projects without registering them with Rera…. Read more »
IDBI raises MCLR by 5-10 bps
MUMBAI: State-owned IDBI Bank today said it has increased the marginal cost of funds based lending rate (MCLR) by up to 0.10 per cent for various tenors. The new lending… Read more »
Puravankara Q1 profit up 32% at Rs 26.5 crore
NEW DELHI: Realty firm Puravankara Ltd on Monday reported a 32 per cent rise in consolidated net profit at Rs 26.5 crore for the first quarter of 2018-19. Its net… Read more »
China’s Nanjing city bans home purchases by corporate buyers
By: Yawen Chen BEIJING: The capital city of eastern China’s Jiangsu province joined top-tier cities like Shanghai on Monday in banning companies from buying residential properties, closing a market loophole… Read more »
Larsen & Toubro construction bags order valued Rs 3,028 crore
NEW DELHI: Buildings & Factories Business of L&T Construction has bagged an EPC order worth Rs 3,028 Crore from GMR Hyderabad International Airport Limited (GHIAL). The scope of work includes… Read more »