PMC Bank scam: EOW conducts search at Rajneet Singh's flat
The EOW suspects a nexus between some of the accused and the realty group HDIL, whose mammoth loan defaults are said to have caused a liquidity crisis at the bank, leading to appointment of an administrator by the RBI and restrictions on withdrawal of funds.
Share market update: BSE Capital Goods index flat; NBCC rises 2%
The S&P BSE Capital Goods index was trading 0.02 per cent up at 17,836.74 around 11:52 am.
NBCC may revise bid for Jaypee Infratech, likely to keep unsold flats of Rs 1,750 crore
NBCC and Suraksha Realty are likely to submit their revised offers on Sunday as sought by Interim RP. A meeting of CoC has been convened on November 18 to discuss the resolution plans. Earlier, NBCC had offered 2,207 unsold flats worth Rs 1,756 crore to lenders, but bankers were reluctant to acquire these apartments.
Home buyers entitled to full refund if flat not given on time: Court
The judgement of the state consumer commission has come in the case of Nitika Verma and Nitin Verma against ATS Estates Private Limited. The commission allowed the complaint and dismissed the application of the builder via a combined order.
Commodity outlook: Base metals flat; here's how others will trade today
Natural Gas was the biggest gainer on MCX, up 4 per cent to Rs 193.50.
Sensex, Nifty trade flat amid weak global cues, economic data
Among Sensex stocks, YES Bank was up 2.2 per cent at Rs 74.60.
Realty hot spot series: This Kolkata locality is an upcoming residential hub
Good connectivity, proximity to offices make this area in Kolkata attractive to buyers. The locality has many renowned schools, hospitals, shopping malls and other recreational places. The nearest railway station is 16 km away.
PE/VC investments remain flat at $3.31 bn in October: Report
The data showed realty investments coming down in October to $114 million.
Dollar Industries Q2 profit falls 30% to Rs 14 crore, revenue flat
Revenue from operations was marginally up at Rs 243.24 crore against Rs 242.78 crore.
JSW Steel output falls 13 per cent to 12.54 LT in October
The company had produced 14.47 LT crude steel in October 2018, it said in a BSE filing. During the month, the production of flat rolled products fell 3 per cent to 9.77 LT as against 10.11 LT in October 2018, it added. The company registered 25 per cent fall in production of its long rolled products at 2.58 LT as compared to the year-ago month when it stood at 3.46 LT, it said.
Share market update: Nifty Pharma index flat; Aurobindo Pharma up 1%
The Nifty Pharma index was trading flat at 7778.05 around 10:08 am.
Unsold flats worth Rs 1.4L crore hold the key
Estimates by the finance ministry showed that constructing the entire stock of houses in 1,600 projects, many of which are in standstill state, will require over Rs 50,000 crore and this number could go up. Not all of them will be commercially viable.
Rupee recovers to end flat on US-China trade deal hopes
The rupee settled at 70.97, unchanged from its previous close.
Rupee ends almost flat against US dollar
Rising crude prices and month-end dollar demand from oil importers weighed on the rupee sentiment.
Stock market update: Nifty Media trades flat; Zee Ent slips 2%
Benchmark NSE Nifty50 index was up 1.15 points at 11,942.45
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