The stake owned by Limitless Group, part of Dubai World, in Bidadi Knowledge City in southern Karnataka state will be bought by a unit of DLF. Currently, a restructuring worth 23.5 billion dollar is going on in the Dubai World. In April 2009, Limitless said that since authorities there have not bought the required land, […]
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Also tagged authorities, DLF, dollar project, Dubai, Dubai World, India, karnataka state, Knowledge City, Limitless, outskirts, Restructuring
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The Siva Group owned by NRI C Sivasankaran has acquired a stake of 13.88% in Arihant Foundations and Housing which is a Chennai based firm. On Monday, Arihant informed the Bombay Stock Exchange (BSE) that Saravna Enterprises, Siva Projects Engineering and Enterprises and S Jayalakshmi have picked up the stake. Before this deal, Siva Group […]
On Wednesday, the Cable Corporation of India made announcement that it has planned to enter into the real estate and will spend an amount of Rs. 1000 cr. in its first project. CCI Projects Private Ltd (CCP) is an associate company of CCI in which CCI holds 15% stake. CCI will be developing the project […]
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Also tagged Associate Company, Borivali Mumbai, Cable Corporation of India, CCI, CCI Projects Private Ltd, CCP, Entertainment, India, Real Estate, Residential Development, retail
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October 24, 2008 – 2:50 am
Indian real estate firm Unitech Ltd will make an announcement regarding a stake sale in its telecoms business next week, Managing Director Sanjay Chandra told. Unitech was in talks to sell a stake in the telecom venture to Norwegian telecom group Telenor. Unitech is scheduled to announce its second quarter results on Oct 31. Chandra […]
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Also tagged Chandra, Fiscal Year, Indian real estate, Norwegian Telecom, Oct 31, Profits, Real Estate Firm, Telecom Group, Telecoms Business, Telenor, Unitech
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September 6, 2008 – 6:24 am
BSE reports shows that Foreign institutional investors (FIIs) have reduced their investment in real estate companies, mainly Parsvnath Developers and Unitech by 0.8 and 2 % correspondingly, year-on-year. According to shareholding data available on BSE, the domestic financial institutions and banks have amplified their inevstment in Unitech Ltd by more than 1.5%, while Foreign institutional […]
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Posted in Property News
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Also tagged Bse, Developers, Domestic Financial Institutions, FIIs, Foreign Institutional Investors, Foreign Investors, Investment Companies, mutual funds, Parsvnath, Real Estate Companies, Shareholding, Unitech Ltd, Uti
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As the four-year bull run in the Indian market went into a sharp correction early this year, foreign investors quietly withdrew part of their holdings in leading stocks while retail investors bought into them. Domestic investors(including institutions, MFs and retail investors)were net buyers in those top companies. These entities together bought around 1.1 percentage point […]
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Also tagged DLF, Domestic Investors, Foreign Investors, Global Fund Managers, Icici Bank, infosys, Itc, Mfs, Morgan Stanley, Reliance Communication, Reliance Industries, Retail Investors, SBI, Stock
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February 1, 2008 – 2:07 am
January 31, 2008, NEW DELHI: Unitech posted 39 percent increase in consolidated net profit. It got an increment from 377.84 crore to 525.78 crore in a quarter. Total income of Unitech group during the quarter under review was Rs 1165.11 crore, which is 19% high from last year. Mr. Sanjay Chandra, Managing Director, Unitech Ltd, […]
