DLF Q2 Net Debt Jumps Rs. 1,021 Crore To Rs. 23,140 Crore

DLF Q2 Net Debt Jumps Rs. 1,021 Crore To Rs. 23,140 Crore

New Delhi: Realty major DLF’s net debt has increased by 1,021 crore in the second quarter of this fiscal to Rs. 23,140 crore as housing sales remained sluggish. According to an analyst presentation, the net debt of DLF — the...
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Buy Biocon, Tech Mahindra; Sell Amara Raja Batteries, Say Experts

Buy Biocon, Tech Mahindra; Sell Amara Raja Batteries, Say Experts

The BSE Sensex and Nifty edged higher on Tuesday with auto and energy stocks taking a lead. However, gains were capped due to weakness in metal stocks. Meanwhile, NDTV Profit spoke to market experts on their top stock picks. Stock...
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India Needs Simple GST Structure With Lower Rates: Arvind Subramanian

India Needs Simple GST Structure With Lower Rates: Arvind Subramanian

New Delhi: India should aspire for a simple structure for its proposed Goods and Services Tax (GST) with lower rates, the chief economic adviser at the ministry of finance said, amid deadlock between the central and the state governments over...
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Top Court Stays Delhi High Court Order On Unitech’s Meet With Home Buyers

Top Court Stays Delhi High Court Order On Unitech’s Meet With Home Buyers

New Delhi: The Supreme Court today stayed the Delhi High Court order which had directed holding of meetings of home buyers with realty firm Unitech and opening of escrow accounts for completion of delayed projects. A bench of justices Dipak...
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Human Capital, Not Tech, Biggest Value Creator: Report

Human Capital, Not Tech, Biggest Value Creator: Report

New Delhi: Human capital brings tremendous financial value to organisations as well as the global economy as for every $1 invested in workforce, as much as $11.39 is added to the GDP, says an analysis. According to a Korn Ferry...
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Residential Property Sales Grow 8% Sequentially In Q1: Study

Residential Property Sales Grow 8% Sequentially In Q1: Study

Pressure of inventory overhang eased during the quarter. Mumbai: Residential property sales grew by 8 per cent in April-June quarter as compared to January-March quarter of the previous fiscal on the back of government’s emphasis on affordable housing, s...
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