Income tax raids on Indiabulls offices cause share drop. The company, involved in finance, lending, and real estate, saw shares fall after raids in Delhi and Mumbai.
Jaiprakash Associates plans a board meeting following SDR invocation as cement sales drop significantly, amid attempts to address their financial challenges.
Kolte-Patil Developers appoints Gopal Sarda as Mumbai region's executive officer chief, following Sujay Kalele's departure.
Deccan Chronicle Holdings plans to sell the IPL franchise Deccan Chargers to Kamla Landmarc Real Estate, amidst ongoing court proceedings and shareholder approvals.
Indiabulls Real Estate shares rise 3% after winning NTC's Bharat Textile Mills bid for Rs. 1505 cr
Unity Infra projects wins Rs 54.56 crore contract from Amanora Park Town for construction of six towers, to be completed in 29 months.
Omaxe subsidiary partners with Allahabad Development Authority for a 1,535-acre township project.
The real estate sector faced a significant decline in today’s stock market, with Unitech leading the fall with a 51% drop.
Indiabulls Real Estate will raise $500 million from Qualified Institutional Buyers by issuing equity shares or convertible debentures. The decision, approved by shareholders, comes as the company's shares closed down 3.7% on BSE.
DLF, India's largest real estate company, plans a share buyback as its stock price hits an all-time low. The move aims to reassure shareholders and stabilize the declining stock value.
Realty index down 4.45% on inflation concerns, sparking fears of rising housing loan rates.
Indiabulls Power Services will establish a 1,320 MW power project in Jharkhand, with government support for resources and power purchase.
Parsvnath Developers launched its first integrated commercial mall in Jamnagar, Gujarat, costing Rs 120 crore. The project spans 13,200 sq m and is expected to generate Rs 120 crore over three years.