Satyam Computer Services hires DSP Merrill Lynch to review strategic options, delays board meeting to January 10, amidst corporate governance concerns.
Realty stocks dipped 3.70% on Wednesday, led by Indiabulls Real Estate which plunged by over 11%. DLF also saw a decline amid weak market sentiments.
DLF Ltd to Raise Rs 10,000 Crore, Plans Share Buyback to Boost EPS
DLF announces Rs 500 crore share buyback amid significant market cap loss, aiming to stabilize investor sentiment
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.