Top court to next hear the matter on October 4, seeks govt suggestion on how GST will be charged
The Bench posted the matter for further hearing on Thursday and extended the status quo order till then
Forensic audit report be given to ED, Delhi police, ICAI in Amrapali case: SC
The company's order book at Rs 68,000 crore on the standalone level and Rs 85,000 crore at the consolidated level means more than eight years of revenues visibility
A segment-wise breakup of NBCC's order book shows that close to 95 per cent comprises PMC, the remaining five per cent is EPC and real estate combined
Court seeks homebuyers', Unitech's response over plan, to next hear the matter on August 9
In a relief to the home buyers, the Supreme Court has ordered NBCC to finish all pending projects of Amrapali Group
Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.
NBCC and Suraksha Group are in race to acquire bankruptcy-bound realty firm Jaypee Infratech
If NBCC gets Jaypee, we will deliver houses in three years, says NBCC CMD Anoop Kumar Mittal
The declining margin trajectory of the firm is one reason for caution
NBCC will complete the 50-acre project in the next 24 months, the company said in a statement
Two of the three colony redevelopment projects, delayed because of environmental concerns, have now been cleared
The project has been awarded to NBCC by the Union Ministry of Health and Family Welfare under the Pradhan Mantri Swasthya Suraksha Yojana
As India inches towards being the third largest economy in the world by 2030, NBCC is well placed for a quantum jump in line, he added
Analysts expect execution to gain pace; government stake sale a near-term overhang
Expenses remained higher at Rs 15.71 billion as against Rs 12.02 billion
the two acquisitions are estimated to add Rs 145 billion to the NBCC's outstanding order book of Rs 800 billion
State-owned NBCC today said it has sold nearly 28,000 sq ft office space at Okhla in the national capital to Balmer Lawrie & Co for Rs 83 crore. In a filing to the BSE, the company informed that it has "sold office space measuring 27,769 sq ft at NBCC Centre, Okhla, Phase-1, New Delhi to Balmer Lawrie & Co for a total value of Rs 83.31 crore". The profit margin available to NBCC against this deal will be about Rs 55 crore, it added. NBCC (India), a navratna enterprise under the Ministry of Housing and Urban Affairs, present areas of operations are categorised into three main segments -- project management consultancy (PMC), real estate and EPC contracting. With consolidated revenue of Rs 6,401 crore, NBCC has been growing with a consistent upward trajectory of 20 per cent CAGR in the past five years.
NBCC is also considering developing real estate projects on lands of sick public sector undertaking or loss making PSUs or that available with the government, mainly on self revenue generation model