Realty stocks crash, Unitech plummets 35%

Last Updated: Wednesday, June 3, 2015, 20:54

Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.

Unitech brushes off rumours about default in debt repayment

Last Updated: Wednesday, June 3, 2015, 18:36

Shares of Unitech had nosedived 51.63 percent to Rs 6.50, its 52-week low on the BSE.

Realty stocks sink, Unitech crashes 52%

Last Updated: Wednesday, June 3, 2015, 15:16

Shares of Unitech nosedived 51.63 percent to Rs 6.50 its 52-week low at the BSE.

Rate cut to spur housing demand: Realty firms

Last Updated: Tuesday, June 2, 2015, 17:33

They sought further cut in interest rates as well as policy reforms for the growth of realty sector, which is facing a huge demand slowdown in last few years.

NSE mid-cap beat Nifty in 1st year of Modi government

Last Updated: Monday, June 1, 2015, 14:05

All the sectoral indices barring realty and PSU banks have given positive returns.

New cities necessary for development of country: Jaitley

Last Updated: Saturday, May 30, 2015, 21:27

Finance Minister Arun Jaitley on Saturday underlined the need to build new cities for turning India into a developed country.

Sebi directs prosecution proceedings against Alchemist Infra

Last Updated: Thursday, May 28, 2015, 19:10

Clamping down on Alchemist Infra Realty for defying its orders to refund investors, Sebi today directed prosecution proceedings against the company and its directors as well as attachment of their properties to recover the money.