Tag Archives: Rs

Plea To Recover “Rs 1 Trillion” Debt Owed By Pak To India Since Partition Rejected

The Delhi High Court Monday refused to entertain a PIL seeking recovery of “Rs 1 trillion” debt owed by Pakistan to India since the time of partition, alleging that the central government was not taking any steps to recover the amount. A bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla said it was a government policy matter Read More


I-T detects Rs 470 crore TDS default by airline, real estate, hotel cos in Delhi

  New Delhi: The Income Tax Department has detected about Rs 470 crore TDS (tax deducted at source) default by some big Delhi-based corporate houses after surveys were conducted against them recently, officials said. The department’s TDS wing in Delhi has launched a special monitoring of private companies and government organisations in order to ensure that due taxes are deducted under this direct taxes Read More


Stock Market: Sensex, Nifty trade tepid on negative FIIs; IRCTC IPO settles at Rs 626

The stock market of India was sideways on negative foreign institutional investors (FIIs). The BSE Sensex went down 30 points to 30,096 levels while the 50-stock Nifty 1 point down at 11,303 levels. The Bank Nifty index was 22 points up at 28,064 levels. Speaking on the current market scenario Sumeet Bagadia, Vice President at Choice Broking said, “Market is Read More


Uttar Pradesh builders and real estate authorities stare at Rs 200 crore in penalties for failing compliance

Builders who failed to comply with an Uttar Pradesh Real Estate Regulatory Authority (UP RERA) order to handover possession of units may now have to cough up a cumulative Rs 200 crore as penalty. Presently, more than 15 developers, the Ghaziabad Development Authority and Greater Noida Industrial Development Authority have been issued notices for the non-compliance. UP RERA identified 397 such projects in Ghaziabad, Read More


Indiabulls Real Estate to sell London asset to promoters for Rs 1,800 cr

Indiabulls Real Estate will sell its London property to promoters for GBP 200 million (approximately Rs 1,800 crore) as part of its strategy to focus on its India business and cut debt. The company’s net debt stood at Rs 4,590 crore at the end of the fourth quarter of 2018-19 fiscal and the same would be reduced to Rs 3,000 crore Read More


Raymond forays into real estate business with Rs 1.5 crore flats and adjoining school in Thane

Picture used for representational purpose only THANE: The Raymond group has announced its foray into the real estate sector and launched its debut project, a residential complex spread over 14 acres of its vast industrial land at Pokhran in Thane on Wednesday. Gautam Singhania, chairman and managing director of Raymond Ltd, said the project will house 3,000 residential units across 10 towers of Read More


Century real estate in talks to raise Rs 250 crore for home project

Bengaluru: Century Real Estate Holdings is in talks with Piramal Ivanhoe Residential Equity Fund to raise funds for an upcoming residential project in a deal valued at ₹250 crore. The Bengaluru-headquartered developer plans to build a high-end residential project on a 10-acre land parcel it owns in the central business district in the city. “The deal is likely to be a structured Read More


Realme 2 Pro Launched in India Starting at Rs. 13,990, Realme C1 Priced at Rs. 6,999: Highlights

HIGHLIGHTS Realme 2 Pro will be launched in India on September 27 The Realme 2 Pro launch event begins at 12.30 pm It’s expected to be the first Realme phone with a dewdrop style notch Realme 2 Pro was launched in India and the company announced that the smartphone goes on sale on October 11 via Flipkart. The three variants Read More


Indiabulls Real Estate eyes over Rs 30,000 cr sales revenue from 14 projects

Indiabulls Real Estate expects to garner a sales revenue of over Rs 30,000 crore from its 14 ongoing projects, being developed mainly in Delhi-NCR and Mumbai, the company said. In his message to shareholders in the annual report, Indiabulls Real Estate Chairman Sameer Gehlaut said the company has a well-diversified presence in both commercial and housing segments. “With the recovery Read More


Indiabulls Real Estate board clears share buy back scheme worth Rs 624 cr

The board of Indiabulls Real Estate Ltd today approved a buy-back plan for up to 2.6 crore fully paid-up equity shares, amounting to Rs 624 crore. “The board of directors of the company, at its meeting held on May 18, 2018, has approved the proposal of buy-back of up to 2.6 crore fully paid-up equity shares of Rs 2 each of the Read More