Kotak Halts Bid for Altico as India Struggles With Banking Crisis
Altico Capital India Ltd. is one of the latest caught up in India’s shadow banking crisis which was started in 2018. Kotak Investment Advisors Ltd....
Tag : real estate
HDFC Bank, Kotak Bank Emerge As Saviour Stocks as Banks Bleed
Over the last 10 days, Kotak Mahindra Bank Ltd and HDFC Bank Ltd have emerged as these lifeboats. Meanwhile, Nifty Bank index lost over 6...
Finance Ministry Moves to Boost Spending, Loosens Purse Strings
Finance Minister Nirmala Sitharaman announced several steps, including front-loading of growth capital to public sector banks, additional capital to housing finance companies(HFCs) and lifting the...
Real Estate Consultancy SILA Raises Rs 56 Cr from Norwest Venture
SILA, a real estate service firm to enterprises and small and medium businesses, has raised Rs 56 crore from growth equity firm. This firm includes...
SC Directs ED to Investigate Money Laundering Against Amrapali
The apex court of India, Supreme Court has ordered Enforcement Directorate to conduct an investigation regarding money laundering against Amrapali group, its managing directors and other directors....
For The settlement of dues DLF transfers Rs 330 crore land to JV with GIC
DLF has transferred a three-acre land worth Rs 330 crore in Gurugram to its joint venture with Singapore sovereign wealth fund GIC and is in...
Three Housing Projects In Progress, ATS Group Needs Rs 400 Crore
Realty firm ATS group will require around Rs. 400 cr to acquire the stalled projects of Logix group in Noida (Uttar Pradesh), its CMD Getamber...
Raymond Forays Into Real Estate Development in Thane
Raymond Ltd. announced its sudden entry into real estate development with a 20-acre residential project in Thane. According to sources, it looks to monetize land...
GST On Real Estate Slashed: Which Stocks To Look Out For?
In a much-awaited move, the Goods and Services Tax (GST) Council has slashed the levy on under-construction houses to 5% along with a rate of...
Unitech Net Loss Increases In The First Quarter Of FY19
Unitech Limited, claimed to be the largest real estate developer in India by the builder itself is facing more bad weather as the loss for...