DLF to pare debt to Rs 12,000-14,000 cr by FY17
Realty major DLF plans to reduce its debt to Rs 12,000-14,000 crore by FY17 through asset monetisation and increasing cash-flows from sales.
Aug 20, 2014, 18:58 PM ISTUnitech Q1 profit plummets 91% on losses in telecom biz
Realty firm Unitech on Wednesday reported 91 percent decline in its consolidated net profit at Rs 5.56 crore for the quarter ended June as the company booked losses of nearly Rs 1,000 crore in erstwhile telecom business.
Aug 13, 2014, 19:21 PM ISTDLF eyes Rs 200cr annual rent from 'Mall of India' in Noida
The company is expecting an annual rental income of Rs 200 crore from Mall of India in Noida, sources said.
Aug 03, 2014, 13:14 PM ISTTata Housing forms JV for 3-acre project in Kolkata
Tata Housing said it has been utilising this opportunity to strengthen land bank to create ultra-luxury projects across prime locations in major metros across the country.
Jul 30, 2014, 19:11 PM ISTTata Capital PE fund pumps $80 mn in Shriram Properties
A private equity fund owned by Tata Capital on Wednesday said it has invested USD 80 million (about Rs 468 crore) in South India-focussed realty firm, Shriram Properties.
Jul 16, 2014, 19:53 PM ISTDLF plans to raise Rs 3,500 cr via securities
In May, DLF had launched the country's first Commercial Mortgage Backed Securities to raise Rs 525 crore against a shopping mall 'DLF Emporio' in the national capital.
Jul 15, 2014, 14:54 PM ISTParsvnath plans to sell Rs 1000 cr land parcels or form JVs
Parsvnath has completed 54 projects and it is currently working on 49 projects with a total area of 72 million sq ft.
Jun 24, 2014, 19:12 PM ISTOmaxe's gross debt reduced by 42% in 5 years
In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.
Jun 24, 2014, 18:48 PM IST