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Tag Archives: cr

Housing projects worth Rs 3.3 lakh cr stuck across India: PropEquity

NEW DELHI: Over 4.65 lakh units, worth over USD 47 billion, are facing significant execution delays across major Indian cities due to sales slowdown, cash crunch facing developers and issues related to project approvals, says a PropEquity report. As many as 1,687 projects, comprising 4,65,555 units with a saleable area of nearly 600 million sq ft, are significantly behind delivery schedule, it said. ... Read More »

Srei Equipment Finance to raise Rs 1,000 cr via NCDs

Industry machinery financier Srei Equipment Finance Ltd plans to raise up to Rs 1,000 crore by floating bonds in a public issue that opens next week. The company will issue unsecured, redeemable non-convertible debentures of face value of Rs 1,000 each amounting to Rs 500 crore with a green shoe option to retain over-subscription. The issue will be open for ... Read More »

Hrithik’s Ex-Wife Sussanne Khan Sued For 15 Cr by Real Estate Firm

Image courtesy: suzkr. HIGHLIGHTS Mudith Gupta of Emgee Properties filed the suit against Ms Khan Emgee Properties has already filed a complaint with Panaji police Ms Khan has challenged the FIR before Goa Bench of the Bombay High Court A defamation suit seeking Rs 15 crore as damage was filed today against actor Hrithik Roshan’s former wife Sussanne Khan by ... Read More »

State failed to utilise Rs 129 cr education fund: CAG

The state Education Department has failed to utilise Rs 129.80 crore under the Rashtriya Madhyamik Shiksha Abhiyan (RMSA) which was 37 per cent of the sanctioned amount of Rs 348 crore during 2010-15.Against the approved outlay of Rs 444.42 crore for 2010-15, the total availability of fund was Rs 348 crore of which Rs 218.67 crore was utilised and out ... Read More »