Karda Constructions Q3 profit up 78%, revenues rise by 94% indicating a strong recovery post-lockdown

The company’s net profit increased to Rs 3.74 crore in Q3 from Rs 1 crore in Q2. Total revenues at Rs 39.4 crore in Q3 is a 94% improvement... Read more »

Will India Housing Sector Return to Favour with PE Firms?

narguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into... Read more »

Indiabulls promoters to divest in realty business, Blackstone and Godrej roped in

Indiabulls Group chairman has said that the company is looking to divest the real estate business, its proposed merger of Indiabulls Housing Finance Ltd with Lakhsmi Vilas Bank. The promoters are... Read more »

Minority shareholders in ITC drag NCLT against Hotel Leelaventure

Diversified group ITC Ltd has moved the Mumbai Bench of the National Company Law Tribunal (NCLT) against luxury hospitality group Hotel Leelaventure Ltd, alleging oppression and mismanagement. ITC has... Read more »