[ad_1] Representative image NEW DELHI: Sebi on Monday asked five entities, including Netizen Engineering and Citi Securities and Financial Services, to pay Rs 130 crore for the illegal diversion of funds from Reliance Home Finance Ltd. The regulator has warned these entities to attach assets and bank accounts if they fail to make the payment…
[ad_1] Representative image JAIPUR: On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a “hi-tech city” close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities,…
[ad_1] Representative image HDFC Capital, the real estate private equity arm of HDFC Group, has entered a partnership with realty developer Runwal Enterprises to set up a platform focused on the development of residential projects for affordable, mid-income and upper mid-income families. As per the terms of the agreement, HDFC Capital will be investing over…
[ad_1] Representative image Warehouse landlord Segro said on Tuesday it would buy six Tritax EuroBox properties in Germany and the Netherlands for 470 million euros ($499.1 million) as part of a deal with Brookfield Asset Management Ltd. Segro’s purchase comes weeks after the Canadian asset manager outbid the London-based warehousing specialist in the race to…
[ad_1] Representative image AHMEDABAD: The state income tax (I-T) department carried out an extensive search on 30-odd premises of builders and their related firms before Diwali. Sources said that unaccounted transactions of about Rs 150 crore were unearthed by the I-T sleuths so far. Valuation of the gold and silver ornaments seized is yet to…
[ad_1] File photo ALMORA: As the Uttarakhand govt contemplates enactment of a rigorous law to protect agricultural land from acquisition by “outsiders”, Bollywood actor Manoj Bajpayee has become the second well-known personality — after UP politician Raja Bhaiya’s wife — to have his property in Almora under the scanner. Almora DM Alok Kumar Pandey confirmed…
[ad_1] GURUGRAM: Homebuyers of M3M Soulitude project in Sector 89 protested against the developer, accusing it of unethical practices and threatening legal action. The investors, predominantly from middle-income households, participated in a 10:90 payment scheme in Nov 2021, anticipating handover of their dream homes. Currently, they assert that M3M has not fulfilled its contractual obligations…
[ad_1] NEW DELHI: Awfis Space Solutions, a flexible workspace solutions provider, has reported net consolidated profit after tax of Rs 38.67 crore in the quarter ended September 30, 2024. It had registered loss after tax of Rs 4.34 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. Amit…
[ad_1] HYDERABAD: As part of its plan to create a Greater City Corporation (GCC) or multiple corporations within the Outer Ring Road (ORR), the state govt will merge 24 municipalities into the Greater Hyderabad Municipal Corporation (GHMC) in Jan 2025 when these urban local bodies complete their term. Once merged into GHMC, the govt can…
[ad_1] NEW DELHI: Action Construction Equipment has reported a growth of 28.24 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 94.82 crore in Q2 FY25 as against Rs 73.94 crore it registered in the corresponding quarter of the previous fiscal, the company…