April 28, 2012 – 11:26 am
ICICI Bank, India’s No. 2 lender, posted on Friday a larger-than-expected 31 percent rise in quarterly profit and forecast a higher growth rate for domestic loans and stable asset quality for the coming year. Loan demand in India is expected to pick up after the central bank last week cut its benchmark lending rate for […]
September 14, 2010 – 11:18 am
India Steel Works plan to sell its 2 acre plot in Navi Mumbai. Firm has thought of this step in order to unlock value from its real estate. Also, in order to use the proceeds to reduce its debt by half. The Executive Chairman of India Steel Works’, Mr. Ashwin Gupta informed media that they […]
Brigade Enterprises, a Bangalore-based real estate company is planning to raise an additional fund of Rs. 750 cr. Foreign currency convertible bonds (FCCBs)American depository receipts (ADRs), global depository receipts (GDRs) or placement with qualified institutional investors will be the key instruments for raising the fund. After the meeting yesterday, the company said to the shareholders […]
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Posted in Property News
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Also tagged ADRs, american depository receipts, convertible bonds, FCCBs, foreign currency, GDRs, global depository receipts, Infrastructure, Institutional Investors, Investment Opportunities, key instruments, Residential Units, shareholder approval, Shareholders, singapore stock exchanges, South India
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January 6, 2009 – 11:50 pm
Indiabulls Financial Services (IBFSL) on Tuesday said that it has released over 3% equity of Mumbai-based developer Akruti City as the real estate firm paid back a major part of its loan amount taken from IBFCL. Akruti had taken Rs 200 crore from IBFSL by pledging 6% of its equity for working capital requirement. IBFSL […]
August 20, 2008 – 9:39 am
A Delhi based real estate company, which claims to have transformed the dreams of several of its customers to reality, is being trampled by a leading Mumbai-based NBFC. The promoters of the real estate company had pledged its shares with the NBFC and accepted a funding of Rs 300 crore to meet its short-term working […]
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Posted in Property News
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Also tagged Bad Debt, Borrowings, Circles, Dreams, Market Sources, Mumbai, NBFC, Promoters, Real Estate Company, Real Estate Developer, Share Prices, Shares, Stock Price
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