realty firms

Shapoorji Pallonji to build port, power plant in West Bengal


August 1st, 2012 - 6:46 pm ICT by IANS
Kolkata, Aug 1 (IANS) The Shapoorji Pallonji Group, one of the biggest construction and realty firms in the country and largest stakeholder in Tata Sons, Wednesday said it is ... Read more...

Posted in Business |

Highlights of developments in realty industry (To go with: Tough year for realty, no respite seen in short-run)


December 29th, 2011 - 12:53 pm ICT by IANS
Following are the highlights of the developments in realty industry in 2011:-Circle rates hiked in Delhi to curb black money flow and bring transparency.-National Investment and Manufacturing Zones to boost industrial ... Read more...

Posted in Business |

Industry welcomes draft norms for new commercial banks


August 29th, 2011 - 9:04 pm ICT by IANS
Mumbai, Aug 29 (IANS) India Inc. welcomed the draft norms issued by the Reserve Bank of India (RBI) Monday for allotting new banking licenses to the private sector.Broking houses ... Read more...

Posted in Business |

India’s central bank unveils draft norms for new commercial banks


August 29th, 2011 - 5:45 pm ICT by IANS
Mumbai, Aug 29 (IANS) Broking houses and realty firms are proposed to be made ineligible for new licences to operate commercial banks in the norms drafted by the country's ... Read more...

Posted in Business |

Regulation only way to weed out graft in realty sector (Comment)


April 6th, 2011 - 2:00 pm ICT by IANS
A recent survey by a global consultancy, dubbing the real estate sector in India as most corrupt, has come as a shocker for industry captains struggling to improve the tainted ... Read more...

Posted in Business |

After dismal year, realty firms see ray of hope in 2010 (Flashback 2009)


December 26th, 2009 - 2:11 pm ICT by IANS
By Krishna Mukherjee New Delhi, Dec 26 (IANS) After five years of robust growth till the middle of 2008, the $14 billion Indian realty industry faced a major crisis this year, not ... Read more...

Posted in Business |

Happy days are back for India’s realty industry


October 4th, 2009 - 3:35 pm ICT by IANS
By Anuradha Shukla New Delhi, Oct 4 (IANS) India's realty industry is all set to be lit up this Diwali. The pointers: At least 12 public offerings, a slew of new projects and ... Read more...

Posted in Business |

Timeline of events surrounding Satyam Computer


April 13th, 2009 - 8:00 pm ICT by IANS
Mumbai, April 13 (IANS) The following is the timeline of events surrounding Satyam Computer Services since its founder B. Ramalinga Raju made an abortive bid to make the company acquire two ... Read more...

Posted in Business |

Maytas director C.S. Bansal quits


January 30th, 2009 - 11:42 pm ICT by IANS
Hyderabad, Jan 30 (IANS) C.S. Bansal Friday resigned as director of Maytas Infra Limited, the firm promoted by disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju and his ... Read more...

Posted in Uncategorized |

Maytas denies receiving funds from Satyam


January 20th, 2009 - 9:57 pm ICT by IANS
Hyderabad, Jan 20 (IANS) Maytas Infra Tuesday denied it received any funds from scam-tainted Satyam Computer Services, and that there was a nexus between the two companies.The denial came a day after ... Read more...

Posted in Uncategorized |

Serious Fraud Investigation Office to probe Satyam-Maytas nexus


January 19th, 2009 - 9:49 pm ICT by IANS
New Delhi, Jan 19 (IANS) The government Monday ordered a probe into possible "nexus" between the fraud-hit Satyam Computer Services and its tainted founder B. Ramalinga Raju's two family-run firms Maytas Properties ... Read more...

Posted in Uncategorized |

Maytas chief executive resigns from board (Lead)


January 19th, 2009 - 8:30 pm ICT by IANS
Hyderabad, Jan 19 (IANS) P.K. Madhav, chief executive of Maytas Infra, promoted by disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju, resigned as whole-time director of the board, ... Read more...

Posted in Uncategorized |

Ex-Satyam director resigns from Sasken board


January 19th, 2009 - 5:19 pm ICT by IANS
Bangalore, Jan 19 (IANS) Serial entrepreneur and NewPath Ventures co-founder Vinod K. Dham resigned from the board of Sasken Communications as an independent director, a top official of the communications solutions provider ... Read more...

Posted in Uncategorized |

Satyam promoters’ equity stake falls to 5.13 percent


January 2nd, 2009 - 10:03 pm ICT by IANS
Bangalore, Jan 2 (IANS) The 8.27 percent equity stake of the promoters in IT bellwether Satyam Computer Services has slumped to 5.13 percent after their shares, pledged with financial institutions through a ... Read more...

Posted in Business |

Satyam set for a shakeout, takeover: Research firm


January 1st, 2009 - 3:30 pm ICT by IANS
Bangalore, Jan 1 (IANS) Beleaguered Satyam Computer Services is heading for a major shakeout or a takeover following its bid to diversify from its core business into the realty sector, a study ... Read more...

Posted in Business |

Independent director Prasad to continue on Satyam board (Lead)


December 30th, 2008 - 9:38 pm ICT by IANS
Bangalore, Dec 30 (IANS) T.R. Prasad, an independent director on the board of Satyam Computer Services, Tuesday declared he would continue in the non-executive post despite four other directors quitting in succession."I ... Read more...

Posted in Uncategorized |

Independent director Prasad to continue on Satyam board


December 30th, 2008 - 8:22 pm ICT by IANS
Bangalore, Dec 30 (IANS) T.R. Prasad, independent director on the board of Satyam Computer Services, Tuesday declared he would continue in the non-executive post despite four other directors quitting in succession."I will ... Read more...

Posted in Business |

One more independent director quits Satyam board (Lead)


December 29th, 2008 - 7:58 pm ICT by IANS
Bangalore, Dec 29 (IANS) In a day of swift developments, independent director M. Rammohan Rao resigned from the board of IT major Satyam Computer Services, the company said Monday."Yes, he (Rao) has ... Read more...

Posted in Uncategorized |

Two more directors resign from Satyam board


December 29th, 2008 - 5:14 pm ICT by IANS
Bangalore, Dec 29 (IANS) Satyam Computer Services Monday announced the resignations of director Vinod K. Dham and non-executive director Krishna G. Palepu from the company's board of directors.In a notification to the ... Read more...

Posted in Uncategorized |

Satyam postpones board meeting to Jan 10


December 28th, 2008 - 7:52 pm ICT by IANS
Bangalore, Dec 28 (IANS) Beleaguered Satyam Computer Services postponed its board meeting, convened Monday (Dec 29) to discuss a proposal for buy-back of shares by promoters, to Jan 10, the IT bellwether ... Read more...

Posted in Uncategorized |

Satyam director went by ‘conscience’ to quit board


December 26th, 2008 - 8:26 pm ICT by IANS
Bangalore, Dec 26 (IANS) Mangalam Srinivasan, who resigned as an independent director on the board of the beleaguered Satyam Computer Services Ltd, Friday said she went by conscience to call it quits."I ... Read more...

Posted in Business |

Satyam’s independent director resigns


December 26th, 2008 - 4:54 pm ICT by IANS
Bangalore, Dec 26 (IANS) Mangalam Srinivasan, independent director of Satyam Computer Services, has resigned from the board, the company said Friday.In a notification to the Bombay Stock Exchange (BSE), the Hyderabad-based software ... Read more...

Posted in Sci-Tech |

Realty firms must open institutes: minister


April 16th, 2008 - 9:16 pm ICT by admin
New Delhi, April 16 (IANS) Keeping in view the lack of skilled manpower in the realty sector, private developers must open their own institutes to train people for the industry requirement, Urban ... Read more...

Posted in Business |

Bank interest cuts will not benefit house hunters


February 23rd, 2008 - 12:06 pm ICT by admin
By Abhijit Deb and Prabhat Sharan Mumbai, Feb 23 (IANS) The euphoria over banks cutting prime lending rates (PLR) may not spill over to the realty market as bankers and realty firms say ... Read more...

Posted in Business |

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