Agents who crack six-digit business deals for India's star cricketers are set for a major shakeout, with the country's cricket board planning to make accreditation mandatory for such agents.
"As far as this (Dhoni's conflict of interest) is concerned, I have been told just now. I was not aware of it. I assure you that BCCI will look into it," Dalmiya said.
ET investigations reveal that a 15% stake bought by MSD in sports mktg firm that manages him has raised issues of propriety, conflict of interest.
The declaration by LIC marks one of the first comments by an institutional shareholder and will increase the pressure on the company to quickly shake off the blowback.
Parsvnath Q4 net profit at Rs 13.8 crore compared to net loss of Rs 23.7 crore a year ago.
The building stands in the middle of a posh neighbourhood that boasts of homes of Ambani and Kumar Mangalam Birla.
A limited supply of clear land, demand-supply mismatch and rising cost of inputs like steel, cement and labour have contributed to the rise in prices in most locations.
Goldman Sachs has exited Rs 600-crore entity level investment in Delhi-based real estate firm Vatika group after staying invested for over five years.
News broadcaster New Delhi Television Limited has reported a net profit of Rs 28 crore for the quarter ended March 31, 2013.
The seller of the bungalow, Aman Mehta, former chief executive of HSBC India, could not be reached for comment. His broker, however, confirmed the deal.
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