It is considered auspicious for any company to be included in the National Stock Exchange's Nifty index. However, it was anything but that for DLF and Jindal Steel and Power (JSPL), which were excluded from the 50-share bluechip index last week.
In the latest sign of the crisis facing real estate companies, Gurgaon-based DLF has launched a mega discount sale of its properties, believed to be its largest so far, in cities across the country to drum up interest.
Quashing of the Securities and Exchange Board of India (Sebi)'s order against DLF, which banned the property giant from accessing the capital market, has opened new avenues for raising funds and reducing of its debt.
DLF on Saturday said its promoters had deferred till March next year conversion of securities held in the realty major's subsidiary into equity shares while slashing the coupon rate from nine per annum to 0.01 per cent.
The Securities Appellate Tribunal (SAT) on Friday quashed a Securities and Exchange Board of India (Sebi) order against realty firm DLF, lifting a capital markets ban on the company’s promoters and related entities.
Shares of DLF has moved higher by 9% to Rs 162, bouncing back 12% from intra-day low on the National Stock Exchange (NSE), on reports that the Securities Appellate Tribunal (SAT) has quashed the order passed by the Securities and Exchange Board of
The Central Bureau of Investigation (CBI) on Thursday arrested three people, including two finance ministry officials, for allegedly selling confidential government documents to a well known chartered accountant, which was passed on to corporate
The Securities Appellate Tribunal (SAT) will announce on Friday its order on DLF's plea against a Securities and Exchange Board of India (Sebi) ruling that barred the realtor and its six top executives, including Chairman K P Singh, from markets for three
Property developer DLF on Friday said it was reviewing an order from the country's market regulator that fined the company and its top management $8.4 million as part of a broader probe into the firm's lack of disclosure during its initial public
Responding to the penalty imposed by the Securities and Exchange Board of India (Sebi), DLF on Thursday said, "We have been made aware of adjudication orders passed by Sebi under section 15 of the Sebi Act, 1992, against DLF, its directors and other
Fair trade regulator CCI has probed 132 cases of alleged anti-competitive practises in real estate sector but passed orders in only 13 cases, including against DLF, while other matters have been disposed of without any action, Parliament was informed
The state agency for land acquisition Odisha Industrial Infrastructure Development Corporation (Idco) has issued showcause notice to real estate major DLF Ltd for violating the terms and conditions of land lease deal.