Indiabulls Real Estate announces share buyback worth Rs 500 crore
NEW DELHI: Indiabulls Real Estate Ltd (IBREL) on Friday announced a buyback of up to 5 crore shares at Rs 100 each, which could cost the company up to Rs… Read more »
Daily Archives: October 13, 2019
Hong Kong urges property developers to cut rent for retailers
HONG KONG: Hong Kong’s financial chief urged landlords and property developers to offer rent subsidies to retailers and food and beverage businesses suffering after four months of protests that have… Read more »
Allahabad Bank cuts MCLR by 5 basis points across tenors
NEW DELHI: State-owned Allahabad Bank has reduced the marginal cost of funds-based lending rate (MCLR) by 5 basis points, with effect from Monday. The bank’s asset-liability management committee has reviewed… Read more »
London’s Ritz hotel could be up for sale for $1 billion
LONDON: The owners of London’s Ritz hotel, a haven for royals, statesmen and movie stars, have hinted that they would be open to selling the luxury establishment for $1 billion,… Read more »
Indiabulls withdraws its plea in Delhi High Court over sharing of ‘defamatory’ content
NEW DELHI: The Delhi High Court Friday allowed Indiabulls Housing Finance Ltd to withdraw its plea seeking to restrain BJP leader Subramanian Swamy and social media giants Twitter, Facebook, Instagram… Read more »
NCDRC imposes fine on Mumbai’s Anamika Real Estate for delay in possession
NEW DELHI: Apex consumer commission NCDRC has come down heavily on a Mumbai-based real estate company and its director for unfair trade practices, and imposed a fine of Rs 25… Read more »
ANCON Group, HMDA set up Logistic Park at Hyderabad
HYDERABAD: ANCON Group has announced the launch of the city’s first Logistics park at Bengaluru here under Public Private Partnership mode with the Hyderabad Metropolitan Development Authority (HDMA). The HMDA… Read more »
Delhi PWD orders regular inspection of government accommodations to check misuse
NEW DELHI: The Delhi Public Works Department has directed its officials to regularly inspect government residential accommodations to check their misuse such as overstaying and subletting. In a recent written… Read more »
Goldmedal launches multi coloured DUOS LED
NEW DELHI: An electrical goods (FMEG) company, Goldmedal Electricals has launched the DUOS LED light as part of its lighting segment. DUOS LED light is available at a starting price… Read more »
Institutional Investments to touch USD 50 billion mark in 2019: JLL Study
NEW DELHI: Path breaking policies, relaxation in investment norms relating to foreign direct investments (FDIs) and institutionalisation of investments in completed properties in the form of Real Estate Investment Trust… Read more »