Tag: Business

DLF to sell more land and wind power business

Debt-ridden realty player DLF said that it will sell more land and wind power business this financial year to raise Rs 1,900 crore and lowered the sales figure for flats. With a total debt of over fourteen thousand crore rupees to start the year 2009-10, DLF had been doing everything conceivable, including sale of promoters’ […]

Hyper City Retail To Focus On Big Box And Multi-Channel Format

Hyper City Retail, part of Mumbai-based K Raheja Corp, which also owns the Shoppers Stop chain of department stores, has called off plans to launch convenience formats, ExpressCity, announced last year. The retailer is instead shifting its growth plans to focus on the big box format and multi-channel retailing. Officials said it made better business […]

Modern India In Talks With PE Firms

Real estate and textile firm Modern India Ltd said it is in talks with private equity players to dilute the founders’ stake and sell stake in its special economic zone unit. Mr. V K Jatia, Chairman and Managing Director, Modern India Ltd, said, “We are in talks with 2-3 players, and we will finalize in […]