NEW DELHI: Brookfield India Real Estate Trust on Thursday reported an almost flat net operating income of Rs 654.8 crore for the last fiscal year. Its net operating income stood at Rs 655.7 crore in the previous fiscal, according to a regulatory filing. The collection of operating lease rentals remained robust at 99 per cent […]
NEW DELHI: Livspace, a home interiors and renovation platform, plans to extend full support to the surviving members of family through financial assistance covering. It will offer half months’ salary over 12 months to the families of employees who lose their fight to covid-19, the company said in a media release. They will also offer […]
NEW DELHI: Brookfield Properties plans to offer vaccination drive across all its campuses for employees and third-party associates. The initiative is being taken across cities, beginning with Chennai followed by Mumbai, Gurugram, Noida, Bengaluru, and Kolkata, the company said in a media release. These camps are being set up in accordance with the guidelines issued […]
NEW DELHI: In a major turn of events in the resolution of DHFL, the National Company Law Tribunal (NCLT) has asked its lenders to consider the settlement offer of former promoter Kapil Wadhawan. The tribunal has given the committee of creditors a period of 10 days to consider his offer and come back to the […]
NEW DELHI: State-owned NBCC and Suraksha group, which are on the fray to acquire Jaypee Infratech Ltd (JIL) through an insolvency resolution process, have submitted their revised bids and have also clarified issues raised by financial creditors. The companies have also improved their offers, which were submitted to the Committee of Creditors (CoC) on Tuesday. […]
NOIDA: The RWA federation, in collaboration with Noida Authority, is operating about 25 isolation centres for Covid-19 patients at community centres across various residential sectors. Chief minister Yogi Adityanath inspected one such centre at the Sector 45 community centre on Sunday. During his visit, the federation urged the CM for vaccination camps in residential sectors. […]
NEW DELHI: Mumbai-based realty firm Suraksha group, which is in the race to acquire debt-laden Jaypee Infratech Ltd (JIL), has written to financial creditors and objected to the extension of the deadline for submissions of bids, sources said. Suraksha group and state-owned NBCC are in the fray to acquire JIL through the insolvency process and […]
NEW DELHI: Brigade Enterprises has recorded Rs 19.58 crore net consolidated profit during the quarter ended March 2021. It had reported a loss of Rs 11.02 crore in the corresponding quarter previous fiscal, the company said in a BSE filing. The company’s net consolidated income stood at Rs 820.86 crore in Q4 FY21, a growth […]
NEW DELHI: Shares of Orient Cement Ltd on Tuesday jumped nearly 10 per cent after the firm reported more than two-fold jump in net profit in the fourth quarter ended March 2021. The stock rallied 9.90 per cent to Rs 133.70 — its 52-week high — on the BSE. At the NSE, it gained 8.83 […]
NEW DELHI: State-owned NBCC and Suraksha group, which are in the race to acquire debt-laden Jaypee Infratech Ltd (JIL), will submit their revised bids by Tuesday. According to sources, a meeting of Committee of Creditors (CoC) is likely to be held on May 19 to discuss the bids submitted by both the parties under the […]
NOIDA: The RWA federation, in collaboration with Noida Authority, is operating about 25 isolation centres for Covid-19 patients at community centres across various residential sectors. Chief minister Yogi Adityanath inspected one such centre at the Sector 45 community centre on Sunday. During his visit, the federation urged the CM for vaccination camps in residential sectors. […]
NEW DELHI: Aptus Value Housing Finance has filed a draft red herring prospectus with the SEBI to raise around Rs 2,600-3,000 crore. The fund raise comprises of a fresh issue of equity shares aggregating to 500 cr and an offer for sale of up to 64,590,695 equity shares by the promoter and other shareholders. As […]
