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Indiabulls Real Estate Reports Net Profit of Rs 47.30cr in Q4

Posted: 02 May 2011 09:13 PM PDT

Indiabulls Real Estate, which recently demerged its subsidiary Indiabulls Wholesale Services, has reported a net profit of 47.30 crore in the fourth quarter to March 31.The company’s income from operations of during the period stood at 641.84 crore, it reported to the stock exchange on Monday. If the demerger, effective from March 31 this year, [...]

Real Estate Developer Adani Plans Entry in Delhi-NCR

Posted: 02 May 2011 08:01 PM PDT

Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi, marking Adani’s foray into the Delhi-NCR. The real estate arm of the ports-to-edible oil Adani group will develop two projects on separate parcels of land. The projects will cost 1,500 [...]

SC Adjourns Hearing of Sahara Group Petition

Posted: 02 May 2011 06:51 PM PDT

The Supreme Court on Monday adjourned the hearing of the petition filed by the Sahara Group against the orders of the Allahabad High Court which necessitated the company to share full details of investors participating in its fund raising exercise with the market regulator SEBI. A three judges bench headed by the Chief Justice S [...]

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