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Kritikka Infrastructure sells 2.30 crore shares of Indiabulls Real Estate

On September 18, 2017 Kritikka Infrastructure sold 1,45,00,000 shares of Indiabulls Real Estate at Rs 236.26 on the NSE and sold 85,00,000 shares at Rs 235.23 on the BSE. In the previous trading session, the share closed down 3.36 percent or Rs 8.40 at Rs 241.95 on the BSE. The share touched its 52-week high Rs 269.50 and 52-week low Rs 63.25 ... Read More »

Bajaj Finance launches Rs4,500 crore QIP at floor price of Rs1,777.9 per share

Bajaj Finance shares closed at Rs1787.5 on Tuesday, down 0.64%. Photo: Hemant Mishra/Mint Mumbai: With Bajaj Finance Ltd launching a Rs4,500 crore qualified institutional placement (QIP) on Tuesday, fundraising through this route is poised to set a new record this year. So far this year, 17 companies have raised Rs34,181.52 crore through QIPs. In 2009, 54 companies had raised Rs34,675.75 crore, ... Read More »

DRDO to start Rs100 crore research centre at Jadavpur University

DRDO’s Laser Science and Technology Centre in Timarpur. Photo: HT Kolkata: The Defence Research and Development Organisation (DRDO) is collaborating with Jadavpur University to start a new Rs.100 crore research centre in Kolkata to develop technologies related to cyber security and robotics for the defence forces. Housed in the campus of the state-run university, foundation stone of the Jagadish Chandra ... Read More »

HDFC To Raise Rs 1,035 Crore Via Bonds On Private Placement

New Delhi: HDFC on Friday said it will raise Rs 1,035 crore through issuance of debentures on a private placement basis to augment its long-term capital resources. “The object of the issue is to augment long-term resources of the corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the corporation,” it said ... Read More »

M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report

New Delhi: Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore. M3M India’s subsidiary Mikado Realtors Pvt Ltd had received a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware and IT/ITeS ... Read More »

Indiabulls Real Estate Raises Rs 25 Crore Via Debentures

New Delhi: Indiabulls Real Estate said on Tuesday that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. In a filing to the BSE, Indiabulls ... Read More »

PE Investment In Retail Real Estate At Rs 1,000 Crore In January-May: Report

New Delhi: Indian retail real estate has become attractive again for global investor as private equity (PE) investment in this segment has reached $149 million in the first five months of this year and likely to break previous record of 2008, according to property consultant JLL. During the entire 2008 calendar year, PE investment in retail real estate stood at ... Read More »

Jaypee Hikes Value Of Asset Sale To UltraTech To Rs 16,189 Crore

New Delhi: Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla Group firm UltraTech to Rs 16,189 crore. The decision was taken on Monday at the board of directors meeting, convened at a short notice, of Japyee Group flagship firm Jaiprakash Associates to discuss the ... Read More »

Engineer Held After Anti-Corruption Bureau Unearths Rs. 1.63 Crore Assets

The agency is probing whether the assets are disproportionate to known sources of the income of Karri Bhaskara Rao. VISAKHAPATNAM:  The Anti-Corruption Bureau on Wednesday arrested a Superintending Engineer attached to the state Education and Welfare Infrastructure Development Corporation and found assets worth Rs. 1.63 crore in raids at four places including his residence and office. The agency is probing ... Read More »

Tata Housing Sells Over 200 residences In Gurgaon For Rs three hundred Crore

New Delhi: Realty company Tata Housing has offered extra than 200 flats for approximately Rs three hundred crore in a residential assignment in Gurgaon. Tata Housing, the actual property arm of the Tata institution, stated in a announcement that it has soldover two hundred gadgets at its l. a. Vida assignment on Dwarka throughway in ten days. The startingprice of ... Read More »