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Realty stocks shattered; DLF witnesses its steepest fall

The realty stocks at the Bombay Stock Exchange (BSE) had an eight per cent decline with realty major DLF experiencing a fall of 5.66 per cent at Rs 480.05. This is DLF’s steepest fall ever.Unitech recorded a 52-week low...

Gujjars’ protest hampers business of retail; supply chain disrupted

Retailers and mall operators are witnessing major business losses due to ongoing protests by Gujjar community.Expected chaos due to protests is not only holding back shoppers from visiting marketplaces, but have also hampered the supplies as connecting roads and...

DLF’s FDI approval proposal recommended to be deferred

Finance Minister P Chidambaram, while approving 18 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on May 9, has recommended DLF Limitless Developers Private Limited’s proposal to be deferred.DLF had proposed to...

About 500 screens from DT in 4-5 years

DT Cinemas, the entertainment wing of Indian real estate major DLF, has planned to invest around Rs 1,250 crore to add at least 500 screens across the country in the next four to five years.The company will set up...

Two more from DLF

Real estate major DLF will significantly extend premium retail space in the capital, having acquired land to develop two premium malls.“After completion of Emporio mall, which will only house luxury brands, the development of premium malls will begin. Both...

Trent on starry expansion spree

Trent, the retail arm of Tata Group, opened its first Star Bazaar hypermarket in the South in Bengaluru. The company plans to open six hypermarkets in Bengaluru in the next three years. Launched in 2004, Trent runs a Star...

SSIPL and DLF discussing luxury brands business

Sports Station India Private Limited (SSIPL), the India licensee of various foreign brands, is in talks with DLF, the country’s largest real-estate developer, to reach an agreement on luxury brands business.Being discussed is SSIPL’s entire portfolio of super luxury...

DLF rules out foreign buyouts

Real estate company DLF Limited is not interested in overseas acquisitions. Rather, the company is planning to expand in the domestic hospitality segment.“There is nothing to comment on… we don’t know from where these reports have emanated, nor the...

Revenue of DLF touches Rupees 3349 crore

India’s largest real estate company, DLF Limited, recorded consolidated revenues of Rs 3,349 crore for the quarter ended September 30, 2007, an increase of 7.3% from Rs 3,121 crore in the first quarter of the current fiscal.The Board of...

MRTPC pulls up DLF

DLF Universal Limited has been pulled up by the Monopolies and Restrictive Trade Practices Commission (MRTPC) for indulging in unfair trade practice by not disclosing to the complainant, K.P. Jain, the basis of carpet area calculations thus prejudicing the...
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