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DLF plans to clear half of its debts by 2016

DLF plans to clear half of its debts by 2016
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »

DLF to sell its non-core businesses

DLF to sell its non-core businesses
Realty giant DLF is all set to sell at least two out of the three non-core businesses as it plans to cut its Rs 23,000 crore debt to about Rs 17,000 crore in the current fiscal. DLF Group Executive Director Rajeev Talwar revealed that the group is all set to sell its luxury hospitality chain [...] Continue Reading »

Expect extended hours of power cut in Chennai

Expect extended hours of power cut in Chennai
Summer has already rushed in and the power cuts are back into action! The talk of the hour is that power cuts are being planned to be extending for more number of hours. At present Chennai city is facing two hours of regular power cut, however now it has been planned to be extended upto [...] Continue Reading »



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