Reliance Home Finance’s net profit up 37% at Rs 55 crore in Q3 FY19
NEW DELHI: Reliance Home Finance, part of Reliance Capital, on Tuesday posted a 37.5 increase in net profit after tax at Rs 55 crore in three months ended December 31,… Read more »
Monthly Archives: February 2019
JSW Cement increases Dolvi plant capacity to 2.2 MTPA
MUMBAI: Sajjan Jindal-led JSW Cement on Monday said the cement production capacity at its Dolvi plant in Maharashtra has enhanced to 2.2 million tonne per annum (MTPA). With this expansion… Read more »
I-T dept seeks explanation from DHFL on “suspicious” deals, company says no reference
NEW DELHI: The Income-Tax Department has sent notices to crisis-ridden NBFC, Dewan Housing Finance Corporation Ltd (DHFL), seeking its books of accounts and asked it to clarify the “unexplained transactions”… Read more »
Reliance AIF seeks two-year extension for redemption of five realty investments
MUMBAI: Troubles in the reality sector after the note-ban shocker in 2016, coupled with the liquidity crisis in the non-banking financial sector in 2018, have forced Reliance AIF Management Company… Read more »
Gaurs Group sells over 10,000 units for a gross sales revenue of more than half a billion dollars
NEW DELHI :Gaurs Group clocked possibly the biggest ever sale in real estate in the Delhi NCR region in 2018, selling close to 10,000 property units for a gross sales… Read more »
Amrapali 5-star hotel unsold in auction, Supreme Court suspects cartelisation
NEW DELHI: Taking strong exception to two prime properties including a five-star hotel of the embattled Amrapali Group finding no bidders, the Supreme Court on Monday said that prima facie… Read more »
About 23,779 hectares of land marked for Special Economic Zones development lying vacant
NEW DELHI: As much as 23,779 hectares of land marked for the development of special economic zones is lying vacant, Parliament was informed on Monday. “In respect of 369 notified… Read more »
Cement demand expected to grow 1.2 times of GDP growth rate: UltraTech
NEW DELHI: The average cement demand is expected to grow 1.2 times of the GDP growth rate in the country over the long term, according to UltraTech Cement. The growth… Read more »
NBCC organises two-day training programme on leadership skills
NEW DELHI: NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), recently organized a two-day training programme ‘Leadership Development and Managerial Excellence’ for its… Read more »
Real Estate Developers reaction on RBI Policy
NEW DELHI:In the Sixth Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India, revised the policy repo rate under the liquidity adjustment facility… Read more »