Feb 03, 2016 at 20:17 | Source: PTI
The country's largest realty firm had yesterday reported 24 percent rise in net profit to Rs 163.95 crore for the October-December quarter on higher sales and one-time gain from GIC deal. Revenue rose by 43 percent to Rs 2,981 crore in third quarter from Rs 2,080 crore a year-ago.
Jan 27, 2016 at 06:37 | Source: CNBC-TV18
Mumbai based infrastructure player Unity Infraprojects is all set to monetise its land assets in Bengaluru to cut down on its debt and bid for EPC projects in future. CNBC-TV18s Navin Shetty gives more details about the company and its deleveraging plan.
Jan 24, 2016 at 14:43 | Source: PTI
Indiabulls Real Estate Ltd (IBREL) has trimmed its net debt by about Rs 550 crore in the first nine months of this fiscal, while the company achieved a sales bookings of Rs 733 crore in the quarter ended December.
Jan 15, 2016 at 20:55 | Source: PTI
Sunteck Realty has allotted 5,500 secured redeemable non-convertible debentures of Rs 1 lakh each, aggregating to Rs 55 crore on private placement basis.
Dec 23, 2015 at 16:08 | Source: PTI
The company would use this fund to boost cash flow and reduce debt, which stood at Rs 22,520 crore in September end.
Dec 22, 2015 at 09:35 | Source: Moneycontrol.com
JP Morgan maintains overweight rating on the stock with a target of Rs 140 per share by March, 2016. The brokerage says that Kurla land sale is likely to accelerate debt reduction.
Dec 21, 2015 at 11:23 | Source: Moneycontrol.com
The company felt that the spinning off of EPC business would enable investment by potential equity investors.
Dec 21, 2015 at 09:11 | Source: PTI
According to a filing with the bourses on Saturday, the company said the board has decided to convene a shareholders meeting to approve the conversion of part of the debt into equity shares of the company pursuant to invocation of strategic debt restructuring by joint lenders forum.
Dec 18, 2015 at 22:18 | Source: Moneycontrol.com
Gammon India in its Adjourned meeting held on December 18, 2015, has transacted the Board also took note of 'Notice of Conversion of Debt' into equity shares of the Company, issued by ICICI Bank as the Monitoring Institution on behalf of the CDR Lenders under the Strategic Debt Restructuring Package.
Dec 15, 2015 at 21:45 | Source: Moneycontrol.com
IVRCL board meeting will be held on December 19, 2015, for consideration of conversion of part of the Debt into equity shares of the Company pursuant to invocation of Strategic Debt Restructuring by Joint Lenders Forum and further issue of shares to certain CDR lenders on conversion of excess Funded Interest Term Loan amount amongst other items.