BSEL Infrastructure Realty Ltd has informed that Clear Water Capital Partners (Cyprus) Ltd has taken 49% stake in the SPV Company formed by BSEL Infrastructure Realty Ltd in equal Joint Venture with Unity Realty and Developers Ltd and Kamat hotels (India) Ltd. The same has resulted in dilution of present stake of BSEL Infrastructure Realty […]
DLF Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:
The Company has posted a net profit after tax of Rs 7666.20 million for the quarter ended September 30, 2007. Total Revenue is Rs 12822.60 million for the quarter ended September 30, 2007.
The Consolidated results are as follows:
The Group has posted […]
Parsvnath Developers net profit surged by 106% to Rs 100.74 crore for the quarter ended September 2007, (Q2FY08) when compared with Rs 48.93 crore in Q2FY07.
The company’s total income has increased to Rs 407.72 crore from Rs 293.34 crore in Q2FY07.
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Sanjay Dalmia-promoted GTC Industries has tied up with a property developer for developing a mall-cum-multiplex in Hyderabad.
The company will construct the retail mall plus four-screen multiplex on a plot of 2.75 acres in Hyderabad. The mall will have an area of approx. 220,000 sq ft.
The entire cost of this development will be borne by the […]
Bata India’s net profit increased 56% to Rs 9.5 crore for the third quarter ended September 30, 2007 when compared with Rs 6.1 crore in the corresponding period of the last fiscal.
Total sales increased to Rs 203 crore from Rs 173 crore in the corresponding period last year.
The rise in turnover was based on sustained […]
D S Kulkarni Developers reported a 82.92% jump in net profit at Rs 152.58 million for the quarter ended September 2007, compared with Rs 83.41 million for the same quarter, last year.
Net sales rose 3.56 times to Rs 896.52 million in the quarter from Rs 251.53 million in the same quarter, a year ago.
Total income […]
Orbit Corporation declared its Q2 FY08 result. Its second quarter net profit was at Rs 39.9 cr vs Rs 18.3 cr on QoQ basis. During the corresponding quarter, its net sales were at Rs 97.6 cr vs Rs 63.6 cr, (QoQ).
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Real estate industry leader DLF plans to infuse Rs 160 billion over a period of four years to develop about 20 large shopping malls across the country, reports Mint.
The company intends to make this investment for development of the 22 million sq ft of shopping mall space. It is also coming out with a 4.45 […]
Clearing the decks for its foray in the Middle East, Bombay Dyeing, one of India’s leading textile players has entered in a partnership with a Dubai-based luxury lifestyle retailer Rivoli Group.
“Rivoli Textiles has been in the textile business for the last 40 years and a tie up with Bombay Dyeing is a natural progression […]
Nusli Wadia’s Bombay Dyeing is hiring some 550 workers at its Pune facility, which will focus on innovative product development as the company plans to boost its presence in retail, home textile and real estate segments.
The textile major said it is open to acquisitions in the home textile segment both at home and abroad.
Its Pune […]
