annual general meeting
Real estate firm Anant Raj Ltd has reduced debt by 6 percent to Rs. 1,403 crore last fiscal and is considering selling some of its hotel properties and land parcels to further cut the borrowings. Delhi—based Anant Raj said it has also invested about Rs. 1,000 crore in last three years to purchase 270-acre land, [...] Continue Reading »
Real estate firm Parsvnath Developers is apparently mulling plans to raise an amount of up to Rs. 1,000 crore via private placement of non-convertible debentures (NCDs). In addition, the company is also considering the sale of its non-core assets, so as to reduce an approximately Rs. 1,200-crore debt. In an attempt to seek the approval of the [...] Continue Reading »
Starting July 1, 2014 getting environmental and forest clearances for large infrastructure projects could just be a click away with the government announcing launch of a portal, for such clearances. In recent years delay in green clearances has been one of the major concerns for industry. “On the website one will have to upload all [...] Continue Reading »
Hindustan Construction Company’s dues of Rs. 5, 000 crore, mainly with various government agencies, continue to be stuck in litigation, although a year has passed. Praveen Sood, group chief financial officer, HCC,told sources ,out of the dues of R5,000 crore, R1,000 crore is being battled out in courts for settlement while the remaining R4,000 crore [...] Continue Reading »
After a series of incidents, residents of New Garia cooperative housing society in Kolkata have started protesting against the politics which is hovering over the society. This came into being after two of its residents were assaulted by Trinamool Congress workers for mailing jokes on the party over the Internet. Recently, all the residents got [...] Continue Reading »
