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Securities Appellate Tribunal upholds $7.5 billion refund order against PACL

Last Updated: Tuesday, August 18, 2015, 12:24

In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.

Maharashtra govt mulling Smart City project at state level

Last Updated: Tuesday, August 18, 2015, 10:52

The project is at a nascent stage for now and nothing has been finalised on paper as yet, state Urban Development Department (UDD) secretary Manisha Mhaiskar said.

Goldman Sachs invests Rs 900 crore in Piramal Realty

Last Updated: Monday, August 17, 2015, 15:51

Last month, an affiliate of Warburg Pincus, a leading global equity firm focused on growth investing,?committed an investment of?Rs 1,800?crore?for a minority stake.

DLF to invest Rs 900 cr on construction of new office complex

Last Updated: Sunday, August 16, 2015, 11:03

"The company has just initiated development of a 2 million sq ft (approx) office complex in Cyber City Gurgaon," DLF said in an analyst presentation.

DLFs Q1 net loss at Rs102 crore

Last Updated: Thursday, August 13, 2015, 20:42

The real estate major had posted a net profit of Rs.72.64 crore for the quarter ended June 30, 2014.

Check out: 500 towns on the way to become smart cities

Last Updated: Thursday, August 13, 2015, 11:46

Is your town among the 500 which are on the way to become India's modern cities.

Guidelines for implementation of Smart City project soon

Last Updated: Tuesday, August 11, 2015, 19:55

The recommendations and guidelines for stage-1 development of 100 Smart Cities across the country will be announced either on Thursday or Friday, Union Urban Development Secretary Madhusudhan Prasad said here while inaugurating a conference here.

Realty brokerage market poised to become more tech savvy

Last Updated: Sunday, August 9, 2015, 13:46

Realising the potential of the USD 6 billion Indian realty brokerage market, many tech professionals are launching portals and mobile applications that will make brokers more professional and accountable.

Jaiprakash Associates Q1 loss widens to Rs 465 cr

Last Updated: Saturday, August 8, 2015, 22:43

Total income from operations of the company also declined to Rs 2,392.75 crore in the April-June quarter from Rs 3,030.40 crore in the year-ago period, the company said in a filing to the BSE.