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DLF down to neutral by Citi

DLF down to neutral by Citi
DLF has been downgraded by Citi from “buy” to “neutral” as target price has come down from Rs 266 to Rs 218. Currently, DLF shares have come down by 1.3 per cent to Rs 186.20. Citi group has added that there will be a wait for a pick-up in execution, sales and margins to become [...] Continue Reading »

Delayed handing of flat made builder pay!

Delayed handing of flat made builder pay!
A Borivli resident has recently been compensated with Rs 50000 by the builder for late handing of flat keys. He filed a complaint in Mumbai Suburban District Consumer Disputes Redressal Forum against Soni and Associates from whom he had bought the flat in April 2004. The Consumer Forum noticed that the buyer was suffering from [...] Continue Reading »

Bank warned their customers to be extra cautious

Bank warned their customers to be extra cautious
The ban on bulk SMS services is affecting the banks and other service sectors. The government has extended the ban until 30 September. In order to comply with the centre’s rule, banks and financial companies have stopped sending SMS’s alerts to customers. The banks have asked customers holding credit card to be extra cautious. According [...] Continue Reading »



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