Tag: Economic Times

India Dhanlaxmi Bank says will cut costs, not shutting branches.

April 9, 2012 – 6:59 pm

Indian private lender Dhanlaxmi Bank said it does not plan to shut down branches or shrink operations, but has initiated steps, including salary cuts, to control costs as it grapples with pressured margins. “We have no plans to shut down any of our branches. We want to grow,” PG Jayakumar, the bank’s chief executive, told […]

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Only significant price cut will work as a catalyst

December 9, 2008 – 12:51 am

Global real estate consultants and experts feel that the only real catalyst that could pep up the NRI spirit during this lean period is a significant price cut as it is the homecoming season for them. The price cut is expected to happen in the next three to four months. The fact that prices are […]

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India DLF may delay REIT IPO

March 13, 2008 – 3:59 am

MUMBAI, March 13  – Indian developer DLF Ltd may delay a planned initial public offering in Singapore of a real estate investment trust and instead opt for a private placement to raise about $500 million, a source said on Thursday. DLF, India’s most valuable property firm, had planned to raise $1.5 billion from the Singapore […]

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