While 333 acres of high-in-demand' land will be offered for outright sale, about 45 acres will be given for development of commercial complexes, housing and warehousing projects in public-private partnership (PPP) mode.
All special resolutions are required to be approved by 75 per cent or more votes of shareholders. All special resolutions are required to be approved by 75 per cent or more votes of shareholders.
One of the probable reasons for this debt is lower profits generated from the assets invested in, the JLL report said
Pavni Mittal of Storyboard speaks with Twitter's Kevin Weil. As SVP of Product he is fast churning out product at the micro-blogging site that is aimed at increasing both users as well as advertising dollars. He also spoke about the next big thing that is project lightening and how he plans to monetise it.
YD Murthy, executive vice president- finance, NCC, says things are improving for the company and it has now started getting orders with better margins.
Suzlon has set a goal of raising around USD 400 million by the end of this year and has identified around 13-14 domestic assets they will be looking to monetise.
In Mumbai, the company owns over 60,000 sq ft space and has another 43,000 sq ft in the heart of Delhi. The company's South Mumbai property is estimated at about Rs 200-250 crore.
Vikash Mantri of ICICI Securities says that while the Rs 1200 crore fibre optic network sharing deal with Reliance Jio Infocomm, is not very large for Reliance Communication, it does pave the way for further asset monetisation by the Anil Ambani-controlled firm.
SP Tulsian of sptulsian.com explains to CNBC-TV18 that he is positive on Jaypee Infra on plans to monetise its large of tracts of land across Delhi. Tulsian is also positive on Karnataka Bank due to renewed buying and picks HDFC whose warrants will lapse in August.