DLF’s net debt up nearly Rs 1,000 crore in Q2
DLF has said its net debt increased by nearly Rs.1,000 crore in the July-September quarter to Rs.22,519 crore, mainly due to delayed receipt of payments related to non-core asset sales.
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COMPAT to hear DLF appeal against CCI order tomorrow
The Competition Appellate Tribunal (COMPAT) will today, November 9, hear…
DLF Chairman K P Singh named Asian Entrepreneur of Year at Asian Awards
Realty major DLF’s Chairman K P Singh, Mahindra group chief Anand Mahindra, and movie actors Amir Khan and Akshay Kumar were honoured at Asian Awards in London last night for the respective achievements.
Experts question CCI definition of service and market dominance
The Competition Commission of India (CCI) penalty of Rs.630 crore on DLF has raked up the old debate in the sector as to whether the business falls under the service sector.
Realtors have been adding Rs14 crore debt a day
The debt load of 11 listed real estate companies in the country has risen 15%, or by Rs.5,000 crore, to Rs.38,500 crore in the last 12 months.
DLF fined Rs 630 crore for unfair practices
The Competition Commission of India (CCI) has slapped a 630-crore fine on DLF, threatening to turn an isolated dispute between flat buyers and India’s largest builder into a full-blown headache for the industry.
DLF net falls 13% in Q1
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
DLF hires Chairman’s grandson on board as trainee
A new next-generation member from its founding family has joined the country’s largest real estate group DLF, but Rahul Talwar, a grandson of chairman KP Singh, would begin his journey as a ‘trainee’.
DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
DLF to open Savitri Cinema; residents protest
Savitri Cinema in Greater kailash Part-II of Delhi, which was shut down a few years back due to some fire safety related problems, is getting renovated by the DLF to open soon.