Shares in DLF Ltd, India’s top listed real estate firm, rose more than 3 percent on Thursday after it reported a sequential rise in quarterly profit, signalling a recovery in the realty market was gaining momentum. DLF said late on Wednesday consolid…
The Rs 60 crore-acquisition of DLF-owned DT Cinemas by entertainment firm PVR Ltd is stuck over differences between the two firms, said two persons familiar with the matter. The deal has hit a roadblock with PVR not issuing shares on preferential basis…
Omaxe Ltd, the New Delhi-based real estate developer, is looking to raise over Rs 800 crore by March end through qualified institutional placement (QIP) of shares. It plans to utilise the proceeds for debt repayment and acquisition of cheaper land. The…