Page 8 - Dlf

Indian economy will eventually recover from Covid impact: DLF's K P Singh

Singh shared his experience of nearly six decades in business with the employees

DLF remains a leader in realty space, but losing its heft to younger peers

DLF's difficulty to grow in past decade shows in its profit and loss account

Changing business environment prompted K P Singh to step down as DLF chief

According to him, emergence of a new and highly competitive business environment is the new reality

DLF posts Rs 130-cr loss in March quarter; operating revenue plunges 32%

It had posted Rs 230 crore PBT during the corresponding quarter last year on a consolidated basis.

DLF's K P Singh retires at 90, son Rajiv Singh to take over reins

Singh had left an army job in 1961 to join DLF - a company started by his father-in-law in 1946 - and took over as chairman in 1995.

Unlock 1.0 kicks in: Hotels, malls, places of worship to open from June 8

With this, the Centre has outlined a plan to reopen nearly all activities outside of containment zones starting Monday.

Lockdown 4.0: Stand-off between retailers and malls over rentals worsens

At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable

Central banks may be forced to sell gold; India at risk: Chris Wood

According to reports, official gold reserves in India totaled 653 tonnes at the end of March 2020, while those in Saudi totaled 323 tonnes.

Who owns what: Portfolio of developers who could bear brunt of lockdown

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

IBM to Cognizant, global tech firms ink large leasing deals in Bengaluru

The lease deal has a tenure of five years and IBM will pay a rent of Rs 75 per sq ft or Rs 65 crore per year

Govt approves TCS, DLF proposals to set up SEZs for IT in Haryana, UP

The approval was given by the Board of Approval, the highest decision-making body for SEZs, in its meeting on February 26 in New Delhi

Realty uptick: Top rated companies see bookings rise 2% to Rs 5,800 cr

Sales bookings of DLF, Sobha, Puravankara, Prestige Estates, Brigade Enterprises, Mahindra Lifespace Developers, Godrej Properties, Oberoi Realty and Kolte Patil have been taken into account

DLF to raise Rs 2,000 cr via sale of land to existing or new JV partners

DLF said the company is committed to further deleveraging in the near future

DLF Q3 profit before tax rises 55% to Rs 368.6 cr; total income falls 36%

Despite the fall in income, the company's net profit increased due to an exceptional gain of Rs 231 crore during the December quarter

DLF's Q3 net profit rises 24% to Rs 414 crore despite fall in income

Its net profit stood at Rs 335.15 crore in the year-ago period

DLF to invest Rs 13,000 cr to develop office spaces in Gurugram, Chennai

DLF has office spaces spread over 32 million sq.ft of area across Delhi NCR, Chennai, Hyderabad, Kolkata, and Chandigarh

After Gurugram, DLF eyes Chennai; to invest Rs 5,000 cr in and around city

The city will become the company's second largest market after Gurugram

Hines Real Estate in talks with GIC, CapitaLand to sell Mumbai property

Deal size likely to be Rs 2,000 crore

NCLAT asks DLF to transfer 60,000 shares to deceased investor's legal heirs

Proof of depositing the same will be submitted to the Registrar of NCLAT within a week thereafter, the order passed on January 13 said.

DLF stock nears two-year high; surges 15% in one week

The stock of real estate developer traded higher for the fifth straight day and quoted at its highest level since February 1, 2018.