Realty major DLF has raised Rs 1,863 crore through issue of over 81 million fresh shares to institutional investors, enabling it to dilute promoters stake to 75 per cent, in line with the Securities and Exchange Board of India's (Sebi) minimum public

DLF is trading higher by 2% at Rs 235 in opening trades on the National Stock Exchange after the company received strong response from institutional investors for its share sale programme.

The institutional placement programme of DLF, the country's largest developer, got oversubscribed by 1.07 times. DLF IPP received 87.1 million bids versus 81 milion shares offered in the IPP.

Real estate company DLF will sell up to 81 million shares at a face value of Rs 2 under the institutional placement programme (IPP) in the next 10 days, it is learnt.

Private insurer DLF Pramerica Life Insurance (DPLI) today launched Sahaj Suraksha, a new savings cum protection plan.

Realty major DLF today raised Rs 750 crore through issue of bonds and funds would be utilised for development of its housing and commercial projects.

On the heels of giving a clean chit to Robert Vadra in his controversial Gurgaon land deal with realty major DLF, the Haryana government has sought an explanation from IAS officer Ashok Khemka for alleged irregularities in cancelling the deal.

DLF, India's largest realty developer by revenues, plans to raise Rs 2,000 crore through the institutional placement programme (IPP) route.

Realty major DLF today said that US-based foreign fund Oppenheimer has increased its stake in the company to 5.18%, which is worth nearly Rs 2,200 crore at current valuation.

Real estate major DLF today said that it will sale its windmills in Tamilnadu and Rajasthan to two different companies as part of its stated objective of divesting its non core assets.

Realtor DLF today launched a studio apartment project in Lucknow even as other major cities in Uttar Pradesh are on its radar.

For DLF, highest valued real estate company, the scenario seems to be improving.

The Comptroller and Auditor General of India (CAG) has rapped the Haryana government for various breaches in land transactions.

DLF is trading higher by 2.1% at Rs 275 after its board approved the issuance of fresh equity shares to dilute promoter group holding in the company to meet Sebi norms of 25% minimum public shareholding.

NIFTYCurrent: 5,819 (futures: 5,846);Target: NAThe futures premium is around 20-25 and the index has been uptrending for the past three sessions.

DLF’s board of directors today approved a plan to sell shares, either through an institutional placement or other methods, to reduce minimum public shareholding in the company in line with Securities and Exchange Board of India (Sebi)

Major real estate player DLF's board of directors will meet tomorrow to consider issuance of over 80 million fresh equity shares, estimated to be over Rs 2,000 crore, to meet Sebi's guidelines on minimum public shareholding.

DLF Ltd, India's biggest property developer, said its board of directors will meet on Wednesday to consider the sale of shares to institutional and retail investors to comply with the minimum public shareholding rules.

Ashok Tyagi, the man who steers the finances of the largest real estate player of the country, seems to be breathing easy now.

DLF touched a yearly high of Rs 281.80 in an otherwise flat trading session today.