SP Tulsian says he has a negative stance on Hindustan Construction Company for last one-one and half year.
Due to delay in approvals we lost three years, we are now making for it. In just another three years we will be there on the doorsteps of the stock markets. So, everything is back on the table including the Lavasa IPO, Ajit Gulabchand, HCC said.
The new 25:75 scheme enables one to pay 25 percent upfront and 75 percent on possession of property. But are they too good to be true?
Tulsian of sptulsian.com explains to CNBC-TV18 that the power sector rose to the occasion on reports of a government bailout package. The stars of the sector, Tulsian says, are Adani, Tata Power and GVK Power.
Observing that the project nods were given without environmental and cabinet approvals, the Comptroller & Auditor General (CAG) has rapped the Maharashtra government for "total lack of transparency" in the selection of the Lavasa hill station project in Pune district.
Lavasa developed by HCC's subsidiary HCC Real Estate, will be classified as a non-performing asset (NPA) when banks report their fourth quarterly numbers.
Bharati Shipyard could land up as NPA on the books of banks this quarter if the lenders fail to finalize the restructuring package by the end of this month, CNBC-TV18's Gopika Gopakumar reports.
HCC is working hard to tackle its debt burden by planning to sell its stake in its Mumbai headquarters, reports CNBC-TV18's Priyanka Ghosh.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about stocks that were on the move intra-day. Check out his comments.
In a fresh trouble for Lavasa Corporation, two members of tribal community from Mulshi tehsil of Pune have approached the Bombay High Court, challenging the notification which empowered the Corporation to acquire land and act as a Special Planning Authority.
In an interview to CNBC-TV18, Phani Sekhar, fund manager at Angel Broking gives his evaluation of select stocks – JSW Steel, Larsen & Toubro (L&T) and Hindustan Construction Company (HCC).
The Bombay High Court today asked the petitioners and respondents in the Lavasa township case to consider whether the appropriate forum could be the tribunal, set up under National Green Tribunal (NGT) Act of 2010.