Indian Railways eyes Rs 50,000 crore revamp of 50 stations
The station redevelopment initiative has excited Indian conglomerates and foreign pension funds alike.
Stock market update: Realty shares mixed; Godrej Properties up 3%
The Nifty Realty index was trading 0.63 per cent up at 329.0 .
Stock market update: Realty shares mixed; Indiabulls Real Estate slumps 5%
The Nifty Realty index was trading 0.11 per cent down at 309.65.
Piramal Enterprises’ Rs 3,631 crore rights issue oversubscribed
The issue had reserved Rs 1,99.67 crore in favour of compulsorily convertible debenture (CCD) holders.
Stocks in news: Canara Bank, Piramal Ent and Mindtree
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: Canara Bank, Piramal Ent and Mindtree
Share market update: Pharma shares up; Piramal Enterprises rises 1%
The Nifty Pharma index was trading 0.2 per cent up at 8285.95 .
HDFC pitches for one-time loan recast for realty projects
HDFC chairman Deepak Parekh has pitched for a one-time loan recast for realty projects.
Luxury home sales lose shine amid realty slump
Unsold luxury homes accounted for nearly 34% of all unsold stock across top residential markets at the end of 2019.
Once realty starts improving, HDFC to press growth accelerator: Keki Mistry
Keki Mistry, VC & CEO, HDFC, says since HDFC has more profits, the housing finance major has been extremely conservative about provisioning and for the quarter and has allocated Rs 2,995 crore for provisioning. It is much higher than what HDFC would need to provide if NHB guidelines with regard to periods of defaults were to be followed.
Real estate shares rally after RBI relief on loan downgrades
RBI said revised draft norms for housing finance companies regulation will be out by Feb 29.
Realty hot spot series: This Kolkata locality boasts of good connectivity, social infra
This week realty hot spot focuses on North Kolkata. The locality is a well-established residential area with good rail and road connectivity. Apartments here are available in the range of Rs 2,300-5,700 per sq ft.
Stock market update: Realty shares advance; Prestige Estates climbs 3%
The Nifty Realty index was trading 0.67 per cent up at 330.85 .
Prestige in talks with Canada Fund, others to raise $400 million
A precursor to the listing of firm’s REIT in 12-15 months, the exercise is expected to be concluded over the next three months.
NBFCs' wholesale book under severe stress: Report
Almost all NBFCs have been under severe liquidity stress since the fall of industry major IL&FS in Sept 2018.
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