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  • DLF's net debt rises 31% to Rs 4,461cr; to become debt free in next one year

    DLF's net sales bookings rose by 16 per cent to Rs 725 crore in the second quarter of this fiscal as against Rs 625 crore in the year-ago period.

  • Top 5 things to know about Vodafone-Idea Cellular merger deal

  • Tata Chemicals Q2 net profit up marginally at Rs 293 cr

    Tata Chemicals today reported a marginal increase in its consolidated net profit at Rs 293.04 crore for the second quarter of the 2016-17 fiscal, on lower fertiliser sales.

  • Idea looks to doubling data revenue to more than 50% in 4 years

    Growth momentum for data services is expected to accelerate and Idea Cellular's MD Himanshu Kapania sees the company's share of revenue from data doubling to 40 percent over the next few years.

  • Debt of top 30 steel firms hits record $150 bn: E&Y

    The global consultancy's report also reveals that major part of this (debt) is with companies in India, China and Brazil. Debt in the steel sector rose significantly between 2008 and 2013 before experiencing some relief in 2014, E&Y said in a statement.

  • HDIL to sell land parcels near Mumbai, cut debt 27% in FY17

    Realty firm Housing Development and Infrastructure (HDIL) is in talks to sell 3-4 land parcels near Mumbai as it looks to bring down its net debt to about Rs 2,000 crore by the end of this fiscal

  • Idea Cellular tanks nearly 6% as Q4 profit shrinks

    Idea Cellular's net profit dived 39 percent to Rs 575.6 crore in the said quarter due to a spike in finance costs.

  • Indiabulls plans to raise Rs 100 cr via NCDs

    On Monday, the Mumbai-based developer had announced plans to raise Rs 70 crore through issue of NCDs. It had raised Rs 300 crore last week through private placement of NCDs.

  • HDIL sales bookings rises 14% to Rs 389 cr in Oct-Dec period

    The company's net debt declined to Rs 2,890.55 crore as on December 31, 2015, from Rs 2,970.41 crore at the end of the September quarter, according to an analyst presentation.

  • Rating upgrade may cut interest costs by 100 bps: Sequent

    The current gross debt for the company is above Rs 300 crore but net debt is only Rs 120 crore.The current borrowing cost is around 13.5-14 percent, said Manish Gupta, CEO Sequent Scientific.

  • Not looking at SRL Diagnostics' IPO: Fortis Healthcare

    Fortis Healthcare Thursday reported a consolidated net profit of Rs 87.28 crore for the first quarter ended June 30, 2015-16, mainly on account of gains from divestment of international businesses.

  • DLF to launch Rs 3,600cr CMBS issue in next two months

    DLF, had in February this year, said it was ready to launch a large CMBS of about Rs 3,600 crore in its SEZ business to further improve the quality of debt.

  • DLF to cut debt by Rs 2,800 cr by March next yr: Crisil

    The rating agency removed its 'negative watch' from DLF's bank facilities and debt instruments, following the Securities Appellate Tribunal (SAT) order last month quashing the 3 year market ban imposed on DLF by markets regulator Sebi.

  • Bharti Airtel maintains FY14 capex guidance; DTH biz up 34%

    The company's DTH business witnessed a strong quarter with 34 percent growth y-o-y. It has maintained its FY14 capex guidance of USD 2.5 billion.

  • Godrej Properties debt up 8% in June quarter at Rs 1,611cr

    Realty firm Godrej Properties' net debt increased by eight per cent to over Rs 1,600 crore during the first quarter of this fiscal, while sales bookings were up 15 per cent at Rs 606 crore.

  • RComm surges 12 percent on debt repayment

    RComm said it had repaid foreign currency loans worth a total $1.2 billion

  • DLF cuts net debt by Rs 45 cr to Rs 22,680 cr

    Net debt of realty major DLF has come down marginally by Rs 45 crore in the first quarter of this fiscal to Rs 22,680 crore though it is likely to decline significantly as the company expects to finalise divestment of three major non-core assets soon.

  • Orbit Corp to launch 3 housing projects in FY12

    Realtor Orbit Corp is planning to launch three new housing projects in FY12 and expects to fund these from internal accruals, a top official said on Wednesday.

  • Sobha Developers aims to slash debt by 15% in FY12

    Real estate firm Sobha Developers aims to cut its net debt by 15.46% to about Rs 1,000 crore billion rupees by end of FY12 and is looking to launch 11 new projects in the year, a top official said on Tuesday.

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