Sell inventories now instead of waiting for market conditions to improve, Union Commerce and Industry Minister Piyush Goyal has told real estate developers in a video conference organised by NAREDCO. Goyal suggested that while the government is considering ready reckoner rates as concession, it would be better if developers move ahead in case it does not go through, as per Read More

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

Noble said the gross consideration of the sale would be $1.4 billion and after deducting indebtedness of about $836 million, the cash proceeds would be about $580 million. Photo: Hemant Mishra/Mint Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Flipkart set to make more acquisitions Armed with over $4 billion in cash, India’s Read More

Air India is planning to sell its properties and land parcels across the country. Civil aviation minister Ashok Gajapathi Raju met finance minister Arun Jaitley on Thursday to decide the process. Sources privy to the discussions say the idea is to sell real estate assets in cities, airport locations, and airline offices at prime locations. A consultant will be appointed Read More

Mitessh Thakkar of miteshthacker.com is of the view that one can buy Eicher Motors, Indiabulls Real Estate, Vedanta and JBF Industries and sell Tata Communications.     Mitessh Thakkar of miteshthacker.com told CNBC-TV18, “I have more of buy calls because the stock specific basis still remains positive. I have a buy on Eicher Motors which managed to get past the Read More

Phone numbers of girls are on sale at recharge shops in Uttar Pradesh with prices starting at as low as Rs 50. The racket is run by majority of rechargers in the state who make money by selling phone numbers of girls who come at their shops for recharges. The crime came in to light when the 24 hour government Read More