Dilip Buildcon raises Rs.219 cr from anchor investors Dilip Buildcon Limited allots 8,958,592 equity shares at Rs. 219 per share aggregating to Rs. 196 Crore (approximately) to 10 Anchor Investors. Some of the major foreign and domestic Anchor Investors are: SmallCap World Fund, Amerian Funds Insurance Series, Abu Dhabi Investment ... Read More »
MUMBAI | BENGALURU: At least a quarter of India’s top-rated office space of 464 million sq ft is expected to get listed by 2019 with an estimated valuation of around $18 billion (Rs 1.2 lakh crore), according to a study. Large institutional investors in India’s commercial real estate are gearing ... Read More »
It wasn’t quite Wembley Arena and his guitar was off at times, but Raghav Prabhu finally lived his dream before an appreciative audience of 50-odd neighbours at their senior housing campus last month. Now he’s thinking of starting a band. Growing up in the 1960s, Prabhu, a Beatles fan, deepfroze ... Read More »
MUMBAI: As many as 24,000 residential unitswere launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said. According to the report, Q2 2016 witnessed the residential sector on the cusp of recovery, as the ... Read More »
NEW DELHI: The Goods and Services Tax(GST) could bring in transparency in the functioning of the real estate sector and even reduce the cost of ownership of homes for buyers, especially if the GST rate is lower than all the current rates put together, said builders and tax consultants. These ... Read More »
On 1 August, the new textiles minister Smriti Z Irani kicked off a “Selfie with handlooms” campaign on social media. Promoted with the hashtag “#IWearHandloom” on Facebook and Twitter, Irani launched the movement by posting a photo of herself in a royal blue Bihari silk, and tagged peers like Devendra ... Read More »
India’s Olympic dreams are getting a ‘Make in India’ touch. Unlike in previous Games, Indian athletes, this time, will have no room to complain about food. In the past, Indian contingent had to eat whatever was available at the Games Village. Not in Rio. In Brazil, they will get to ... Read More »
For Indian travellers, Mumbai has been ranked the most expensive city in the country, but second least expensive in the world, according to a report. The financial capital of the country, Mumbai has been ranked the most expensive city in India, however, it is the second least expensive destination in ... Read More »
The 31st Olympiad was open in Rio after a stunning opening ceremony at the Maracana stadium. All 207 countries plus the refugee team walked at the Parade of Nations. As part of the tradition, Greece led the parade followed by other countries in alphabetical order in the Portuguese language. The ... Read More »
Prime Minister Narendra Modi will interact with the nation today at an indoor stadium in New Delhi, in a first-ever town hall by an Indian prime minister. The event marks two years of MyGov, the government’s citizen engagement platform. A new app will be launched to allow mobile users to connect with ... Read More »
China’s air force sent bombers and fighter jets on “combat patrols” near contested islands in the South China Sea, in a move a senior colonel said was part of an effort to normalise such drills and respond to security threats. The exercises come at a time of heightened tension in ... Read More »
