Indian firms are being squeezed by rising input costs and cooling demand, resulting in a slowdown in earnings and revenue growth compared to recent quarters. An ETIG analysis of 600 companies that have announced results for the quarter ended March 31, 2012, shows that net profit, excluding firms in banking & financial services and oil […]
Tag: Reliance Industries
Due to Hit by High Input Costs & Low Demand India Inc.is Leading To Squeeze in Earnings & Revenue Growth
May 14, 2012 – 1:10 pm
Trump Jr. Plans $1 Billion Fund for India Property Acquisitions
July 22, 2008 – 4:29 am
Donald Trump Jr., whose father built a multi-billion dollar fortune in real estate, plans to set up a fund of as much as $1 billion to buy property in India, betting on the nation’s economic growth. New York-based Trump Organization Inc. also plans a residential and hotel project in Mumbai with a local partner to […]
Realty stocks gain ground
April 29, 2008 – 5:49 am
Realty stocks, which opened on a subdued note this morning, are among the prominent gainers in afternoon trade. Mirroring investor interest for these stocks, the BSE Realty index has spurted 3.7% now. Sector heavyweight DLF has gained nearly 7% at Rs 715. Unitech, a Nifty component, has posted a gain of 4.6%. Penland, HDIL, Sobha […]
Marks And Spencer Confirms Joint Venture With Reliance Retail
April 19, 2008 – 6:32 am
Marks & Spencer is to enter into a joint venture aimed at establishing itself as a major retail brand in India. The JV is with Reliance Retail, part of the Reliance Industries Group. Marks & Spencer will take a 51% interest in the venture, with Reliance Retail taking the remaining 49%.
BCCL Picks Up Stake In Mantri Realty
April 8, 2008 – 5:42 am
Bennett, Coleman & Co Ltd (BCCL) has picked up Rs 60 crore worth preference shares in Mumbai-headquartered real estate major Mantri Realty Limited, which has operations in both Mumbai and Bangalore. Mantri Realty is an associate concern of Mantri Enterprises. The company, which has so far completed over 35 residential and commercial projects with over […]
RIL Vornado Joint Venture
February 19, 2008 – 1:54 am
Reliance Industries is in advanced discussion with the New York-based Vornado Realty Trust. It is one of the world’s top five real estate asset managers. Main aim of this discussion is to float a $1-billion plus fund. The proposed fund will acquire and manage properties, mainly in the retail space, across India. People familiar with […]
