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Housing
Business  /  Published 07.01.22

Gehlaut loses tag as promoter

The board of Indiabulls Real Estate Ltd (IBREL) has approved a proposal to re-designate its co-founder Sameer Gehlaut as a public shareholder from a promoter. In a regulatory filing to the stock exch...
By Our Special Correspondent in Mumbai

Business  /  Published 29.12.21

Preferential issue price rule recast

Companies looking to offer more than 5 per cent of the equity through a preferential share issue will have to obtain a valuation report from a registered independent valuer before fixing the price for...
By Our Special Correspondent in Mumbai

Business  /  Published 17.12.21

Gehlaut sells 11.9% in Indiabulls Housing Fin

Sameer Gehlaut, the founder of Indiabulls Housing Finance, on Thursday sold 11.9 per cent in the company, in a move which observers said was ‘de-promoterisation’ of the housing finance com...
By Our Special Correspondent in Mumbai

News  /  Published 10.12.21

Drainage pumping station to come up near City Centre II in Chinar Park

A number of places in New Town remained waterlogged for at least a week that eventually even led to road cave-ins at several places when the city was lashed with heavy showers in September. Some of t...
By Snehal Sengupta in Salt Lake

Business  /  Published 27.11.21

Bid to relax preferential issue norms

Sebi on Friday proposed to relax pricing norms and lock-in requirements to make it easier for companies to raise funds through the preferential allotment of shares.  In addition, the regulator h...
By PTI in New Delhi

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Business  /  Published 27.11.21

Markets sink on Covid fears

The detection of a new Covid variant in South Africa on Friday triggered panic selling in the global markets with domestic stocks also getting sucked into the whirlwind. While the Sensex plummeted 16...
By Our Special Correspondent in Mumbai

News  /  Published 16.11.21

Stubble burning worry across New Town

Empty plots and grasslands in New Town are all owned by the Housing Infrastructure Development Corporation (Hidco) while NKDA provides civic services to all three action areas of New Town. Burning of...
By Snehal Sengupta, Subhajoy Roy in New Town

News  /  Published 09.11.21

IIT Roorkee wins Smart Move Innovative Urban Mobility challenge

IIT Roorkee won the challenge for its ‘interactive passenger information system’ ...
By Our Correspondent

Business  /  Published 21.10.21

PNB Housing case ends

The Supreme Court on Wednesday dismissed as infructuous the appeal filed by capital markets regulator Sebi against the Securities Appellate Tribunal’s order in a matter related to PNB Housing Fi...
By PTI in New Delhi

Business  /  Published 15.10.21

PNB Housing calls off Carlyle deal

PNB Housing Finance on Thursday decided to terminate a Rs 4,000-crore deal with Carlyle Group, citing legal and regulatory difficulties which may delay its capital raising plans. In May this year, th...
By Our Special Correspondent in Mumbai


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