Page 3330 - Company News

A $23 bn manager is betting on India's struggling real estate sector

Developers in India are struggling as loans become harder to get from non-bank lenders whose own funding is drying up

New residential real estate likely to come with cheaper price tags

If recent deals are anything to go by, land prices continue to remain elevated across the Mumbai Metropolitan Region (MMR)

Rs 1.56-trillion flats launched in 2011 and before still incomplete: JLL

According to JLL data, the real estate companies of Delhi-NCR are biggest defaulters as their contribution in delayed housing units accounts for 71 per cent in volume and 56 per cent in value terms

4 realtors from three cities have requested to avail of bailout fund: FM

More companies are likely to approach the nodal agency for taking benefit of this window from next week, she said

Stressed real estate firms want bank loans to pay tax dues on deep discount

For the first time perhaps, industry has sought government intervention in getting bank loans to pay excise and service tax dues under the Legacy Dispute Resolution Scheme (LDRS) such as Sabka Vishwas

Housing demand fell 22% in H2 2019 amid slowdown in real estate market

Overall sales during 2019, however, inched up while new launches grew 21 per cent year-on-year

ED summons AirAsia executives, CEO Fernandes in money laundering case

The agency had registered a case under the Prevention of Money Laundering Act (PMLA) against the airline and its officials in 2018

Exim Bank to raise up to $3 billion from overseas borrowings in FY21

The bank has raised $1.7 billion (about Rs 11,900 crore) of overseas borrowing through bond issuances and foreign loans in current financial year

No need to wait for 7 days: Razorpay unveils 'Instant Refunds' technology

This new feature activates refunds and credits the customer's source account across payment methods such as credit card, net banking and UPI within a minute of initiation

Jaipur-bound IndiGo flight forced to land in Mumbai due to engine glitch

The number of passengers on board the flight could not immediately be known

HMSI doesn't expect revival in auto industry for next two quarters

The automobile sector recorded its worst-ever sales decline in two decades in 2019

Govt proposes Unitech takeover, submits proposal in Supreme Court

The government will appoint 10 directors to Unitech's board, it is learnt. All positions will be filled by people from different spheres and with varying expertise

Karvy case: Interim relief to Axis Bank from Securities Appellate Tribunal

The tribunal granted interim relief in light of the fact that the National Securities Depository had earlier reversed securities to clients on the basis of Sebi's November 2019 order

Margin gains help Mindtree find its feet in Q3, new contracts a concern

Slow pace of new contracts remains a concern despite revenue growth

Bandhan Bank: Investors should look beyond the headline numbers

Even as asset quality seems stable, factors such as provision coverage ratio and loan book diversification need attention

Amazon 'SMBhav': Bezos charms sellers as Murthy cuts speech to 5 min

Keynote speaker Infosys co-founder NR Narayana Murthy, who has business relations with Amazon, was clearly upset with the event starting late

Bharti Airtel's mega issuance buoys 2020 outlook for fundraising

Market players say access to equity capital will give companies the confidence to chalk expansion plans to benefit from an upturn in the economy

Indian cos may take a hit as BlackRock moves away from coal-based firms

BlackRock's alternatives business will make 'no future direct investments in companies that generate more than 25 per cent of their revenues from thermal coal production'

Jet Airways gets two suitors as EoI deadline ends, Hindujas back out

This is the second time that the lenders to Jet called for EoIs. The first round of bidding did not result in any resolution plan for the revival of the airline.

Indian-born Twitter head who decides on blocking tweets, even Trump's

As Twitter's head of legal and policy issues, Gadde has one of the most difficult jobs in technology