Rs 25,000 crore fund should help ease realty distress, lift stocks

Rs 25,000 crore fund should help ease realty distress, lift stocks

In a long-awaited booster package for the realty sector, the government on Wednesday announced the setting up of a Rs 25,000 crore alternative investment fund (AIF), aimed at providing relief to developers with unfinished projects to ensure delivery of homes to buyers....
read more
‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

New Delhi: Lending to real estate developers by non-banking finance companies and housing financeNSE -1.35 % firms (HFCs) fell by almost half to about Rs 27,000 crore because of liquidity crisis triggered by IL&FS default in September last, according t...
read more
GMR Infra surges 9% as its airport biz gets investment proposal of Rs 8,000 cr

GMR Infra surges 9% as its airport biz gets investment proposal of Rs 8,000 cr

Shares of GMR Infrastructure (GIL) rose 9 percent in the early trade on Wednesday on proposed investment from Tata Group, GIC and SSG Capital worth Rs 8,000 crore. The company announced a proposed investment by Tata Group, an affiliate of GIC, Singapore’s....
read more
Kushner Family Real Estate Company Fined $210,000 for Filing False Documents

Kushner Family Real Estate Company Fined $210,000 for Filing False Documents

Senior advisor to U.S. President Donald Trump Jared Kushner listens as Trump speaks on the telephone with Mexican President Enrique Pena Nieto August 27, 2018 in Washington, DC.   Win McNamee—Getty Images (NEW YORK) — The Kushner family real estate...
read more
Where should I invest Rs 5,000 for five years?

Where should I invest Rs 5,000 for five years?

I want to invest around Rs 5,000 in short or mid-term funds for four to five years. My risk appetite is moderate to high. Can you suggest some good funds? –Harish Kumar If you have an investment horizon of four years, you...
read more
RBI’s full KYC rule for online wallets could put business worth Rs 12,000 crore at risk

RBI’s full KYC rule for online wallets could put business worth Rs 12,000 crore at risk

Almost Rs 12,000 crore, or 80 percent, of online wallet transactions in the country are at risk of going back to cash, as online wallet players fear losing customers because of the Reserve Bank of India’s KYC rule. An RBI...
read more
1 2 3