KP Singh, Chairman Emeritus of the DLF Group, spoke to CNBC-TV18 about finding love again after losing his wife to cancer.
On the point about business and politics, the 92-year-old property baron mentioned that his biggest learning through political connections is to never get too involved in it.
KP Singh says he enjoyed all the “twists and turns” of his life as he hopped on from one place to another for a decade.
DLF Group chairman emeritus KP Singh was felicitated with the 'Lifetime Achievement Award' for his pioneering work in architecting the real-estate landscape of the country.
The Adani group's listed firm lost about USD 125 billion in market value in three weeks after the report. Some recovery has been seen in the last couple of days.
"The economic upheavals which are bound to unfold after the recovery from the COVID-19 episode are unimaginable at this stage. However, one thing is certain that eventually recovery will happen. When? God only knows," he said.
KP SIngh to continue in a non-executive role as Chairman Emeritus.
In an explanatory note, the real estate major said its shareholders in the company's AGM held on July 30, had approved the reappointment of Singh as a whole-time director designated as Chairman for a period of five years with effect from October 1, 2018.
Brightening the dull for the Lutyens' Delhi, Renuka Talwar, daughter of DLF Chairman KP Singh, has acquired a bungalow on Prithviraj Road for Rs 435 crore in one of the biggest deals in Lutyens Bungalow Zone, reported Economic Times.
DLF shares touched a 52-week high of Rs 146.50, rallying 10 percent intraday Wednesday on a media report that suggested likely capital infusion by promoter to make the company debt free.
The realty company looks to sell 40 percent in the rental business, which spans 27 million square feet of developed real estate.
The documents were leaked from the law firm Mossack Fonseca and connect to 140 politicians in more than 50 countries.
The 23 lakh shares were purchased between November 23-24 from open market, the country's largest real estate company said in a regulatory filing.
A special jersey which batting great Sachin Tendulkar donned for his farewell 200th Test has fetched a whopping Rs 6 lakh during a gala auction hosted by Christie's at the imposing Umaid Bhawan Palace here.
In October, the market watchdog had banned DLF, its chairman K P Singh and five other senior officials from the securities market for three years with regard to alleged non-disclosure of three of its hundreds of subsidiaries in the 2007 IPO filing.
In a major blow to DLF, the order had been passed by Securities and Exchange Board of India (Sebi) for "active and deliberate suppression" of material information at the time of its IPO over seven years ago.
In a tumultuous opening trade after being battered by nearly 30 percent in last trading session on the back of a Sebi order, the stock today opened near its day's low level at Rs 100.10 and further slipped to Rs 100.
Brokerages believe this SEBI order banning DLF is a big negative development and may impact fund raising plans and listing of REITs but they are hopeful of some resolution.
The company is said to have executed a series of sham transactions to disown a subsidiary company accused of duping a person in a land transaction. Also, the company did not mention the FIR against its subsidiary and a key management personnel
The SEBI is now awake, is watching and noticing. Anybody who makes a false or incomplete or incorrect disclosure is in for trouble, says JN Gupta, Former ED, SEBI
India‘s largest realty firm DLF reported 38 percent fall in the consolidated net profit at Rs 181.19 crore for quarter ended June on higher expenses year-on-year.
DLF, which builds homes, offices and shopping malls, said late on Monday net profit for the June quarter was Rs 181 crore, compared with Rs 293 crore a year earlier. Sales and other receipts rose 4 percent to Rs 2,314 crore from Rs 2,198 crore.
From creating news capsules to shooting wedding films, Badal and Raja Jain have created a niche for themselves
The tier-II, tier-III price bubble burst a few years ago. We find out how these cities are performing in our price-o-meter. Delays in debt reduction come back to worry the country‘s largest developer DLF.
DLF Ltd , India's biggest property developer, said its board of directors will meet on Wednesday to consider the sale of shares to institutional and retail investors to comply with the minimum public shareholding rules.