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Feb 22, 2021 04:01 PM IST The trust has so far given approvals to 164 projects involving an investment of more than Rs 15,000 crore, which will help complete around 1,00,000 homes
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Oct 13, 2020 10:02 AM IST A majority of the projects considered for stress funding had RERA and NCLT cases pending against them
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Oct 08, 2020 06:51 PM IST As many as 123 projects have been sanctioned, including final approval to 33 projects, with an investment of Rs 12,079 crore that would target to provide relief to 81,308 homeowners
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Sep 01, 2020 05:58 PM IST SBICap to be paid 12 percent internal rate of return, but no payment to be made for professional expertise or for monitoring the project
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Aug 25, 2020 07:54 PM IST The Supreme Court-appointed court receiver in the Amrapali Case had submitted an application to SBICap to fund stuck projects in May
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Aug 21, 2020 06:41 PM IST The fund will enable completion of 71,559 dwelling units across various parts of the country, the finance ministry said
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Jun 18, 2020 07:48 AM IST At the Amrapali case hearing on June 3, SBICAP Ventures had informed the Supreme Court that it would create a Special Purpose Vehicle (SPV) with the court receiver and appoint a CEO to take over the construction of stalled projects in Noida and Greater Noida.
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Jun 17, 2020 11:31 AM IST The fund has received applications from both Tier 1 and Tier 2 cities such as Jaipur, Karnal, Mohali and Panchkula, Nagpur and Nasik. Smaller developers facing challenges to comply with the initial due diligence process
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Jun 01, 2020 04:56 PM IST While some real estate experts said SBICAP’s decision to reduce IRR to 12 percent is a positive move, others said many issues such as lenders not willing to give a no objection certificate (NoC) still remain.
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Nov 29, 2016 12:08 PM IST IFCI, Axis Bank, PNB, Canara Bank, IOB, SBM are among the lenders to the company. Sravanthi Energy has a 450 MW thermal power project in Uttarakhand and the company has a debt of over Rs 1,320 crore and is already declared as a non-performing asset (NPA).
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Mar 11, 2016 01:04 PM IST There is still confusion over the future of ‘Kingfisher‘ trademark for the United Breweries beer category, reports CNBC-TV18‘s Varinder Bansal.
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Jan 21, 2016 06:23 PM IST Pawan Hans is reviewing the prospects for an Initial Public Offer (IPO) with SBICap and the "work plan for the same is being prepared with a time-bound manner," an official release said today.
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Jan 06, 2016 12:43 PM IST With most analysts expecting markets to stay in a range this year, a stock and sector specific investing approach will likely hold up well in 2016.
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Oct 31, 2014 03:30 PM IST In an interview to CNBC-TV18, Mahantesh Sabarad, Deputy Head of Research, SBICap Securities shares his outlook for the equity market.
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Jan 23, 2014 09:32 PM IST Promoters hold 30.14 percent stake in Kingfisher, as per the company's December quarter shareholding pattern. Burdened under huge losses and large debts, the airline stopped flying in October 2012 and its flying licence also lapsed about two months later.
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Jul 03, 2013 01:42 PM IST The issue received bids for over 2.56 crore shares, or 69 percent, of the 3.71 crore shares on offer at 1225 hours, according to data from stock exchanges. The indicative price was Rs 70 apiece, which was also the base price for the share sale.
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Apr 23, 2013 02:41 PM IST HDFC Bank continued to maintain its pace of growth. It reported 30 percent year-on-year rise in its fourth quarter (January-March) net profit at about Rs 1,890 crore, aided by robust interest and other income. Since last one decade, net profit has been growing in the range of 30-32% each quarter.
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Jan 23, 2013 01:19 PM IST Sagarika Mukherjee of SBICap Securities, says that the volume growth reported in this quarter was 5 percent which is lower than the first half volume growth of 7 percent. We project close to mid single digit volume growth going forward and price-led growth in soaps and detergents category going forward.