In West Bengal’s largest real estate deal, DLF JV firm sells IT park for Rs 637 cr to Primarc, RDB
In the largest real estate deal of West Bengal, DLF joint venture firm DCCDL has sold an IT park in Kolkata to Primarc and RDB Group for Rs 637 crore to monetise the rent-yielding commercial asset. DLF Cyber City Developers Ltd (DCCDL) — a joint venture firm between DLF Ltd and Singapore sovereign wealth firm…
READ MOREDLF says on track to meet FY25 guidance despite a drop in Q2 bookings
The countryβs largest real estate developer DLF said it is expected to achieve the guidance of Rs 17,000-18,000 crore annual presale in FY25 despite a drop in new sales bookings in the July-September quarter due to delay in getting approvals for new project launches.During the earnings call after the second quarter results, senior executives of…
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Barrage of stock supply is latest test for Dalal Street
A surge in share supply from initial public offerings and sales to institutions is adding pressure on Indian equities, which are already grappling with weak earnings and selling by overseas investors. Hyundai Motor India Ltd. raised $3.3 billion in the nationβs largest IPO on Thursday, and further listings worth $6 billion have been approved by…
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