SEARCHED FOR:TATA REALTY AND INFRASTRUCTURE
Tata Realty plans to list 20-million-sq-ft commercial assets portfolio as REIT
The real estate development arm of Tata Group is looking to expand the size of its commercial portfolio to over 20 million sq ft from current ready and fully leased 6.2 million sq. ft. through new developments and acquisitions. Apart from office spaces, the portfolio to be listed as a REIT may also include some data center assets.
Stocks in the news: RIL, Voda Idea, Bharti Airtel, SBI, Care Ratings, IOC and Tata group stocks
Telecom majors Vodafone Idea and Bharti Airte...
Sensex wipes off 200-point gains, ends 40 points higher; RIL, HDFC Bank top drags
August derivative contracts also expired which led to incre...
Pharma would outstrip FMCG in next 2 years by a significant margin: Andrew Holland
‘Money flows will come to Asia and India will capture quite a large slice of that.’
Reliance, Tatas control 20% of smartphone, electronics retailing; together notch up Rs 50,000 cr sales in FY20
While Reliance Retail grew its consumer electronics retailing business sales by 14% to Rs 44,625 crore in FY20 as per an investor presentation, Tata-owned Infiniti Retail Ltd which owns and runs the Croma chain reported sales of Rs 5173 crore which went up by 11% as reported in Registrar of Companies filings.
Mumbai may develop herd immunity by December-January, according to TIFR report
A mathematical projection on the ongoing Covid-19 pandemic worked out by the Tata Institute of Fundamental Research (TIFR) and submitted to the BMC has said that by December this year or January next year, almost 75% of the people living in slum pockets in the city and in 50% of the non-slum pockets would have antibodies.
IndusInd Bank raises Rs 3,288 crore via preferential issuance of shares
The bank will use this capital to continue to invest in liabilities and asset franchise, technology and infrastructure platforms, to expand reach, product offerings and to improve customer experience, while ensuring sustainable financial parameters, its managing director and chief executive Sumant Kathpalia had said in late July.
Stocks in the news: RIL, Tata Chemicals, Coal India, TechM, HDFC, Tata Motors DVR and Airtel
TechM said its subsidiary has divested its stake in Altiostar Networks for $45 million (about Rs 331 crore) to Rakuten USA, Inc.
Route Mobile's Rs 600 crore IPO kicks off: Should you subscribe?
Analysts are positive on the issue and believe the IPO can offer listing pop as well as long-term gains.
Wipro looks to double revenue from cybersecurity services to nearly $1 billion by March 2022
India’s fourth largest IT services provider said cybersecurity and risk services was one of its four big bets along with digital, cloud, and industrial and engineering services, and that it would invest significantly in building capabilities in the category.
I-Squared Capital, GMR among players to apply for station redevelopment
The RfQ for redevelopment of Gwalior, Nagpur, Amritsar & Sabarmati was invited in December last year by Indian Railway Station Redevelopment Corporation (IRSDC), the nodal agency for redevelopment of railway stations in the country. The indicative station redevelopment cost for the four projects will be Rs 465 crore, Rs 300 crore, Rs 375 crore and Rs 156 crore respectively.
World economy to see 'worst contraction' in 2020; steel demand to fall: Chandrasekaran
The global economic growth is expected to see a contraction of over 3 per cent in 2020, Tata Steel Chairman N Chandrasekaran said terming the slump as the "worst contraction" since the 1930s. A contraction in the global GDP is not at all a good sign for the global steel sector as steel demand is positively correlated with the economic growth.
Tata Sons confirms it is weighing bid for Air India, may make formal bid by end of this month
Officials said it is too early for discussions around funding or the possible business structure till the due diligence is complete.
‘Whistleblowers’ allege mismanagement at Tata Realty
But according to people close to the development, Tata Group is satisfied with Tata Realty’s performance over the last two years with improvement in sales and fewer cancellations compared with earlier periods. Further, its internal monitoring mechanism reflects that the company has properly utilised the allotted fund of Rs 100 crore.
Real estate digital sales have come up in a big way during this pandemic: Mohit Malhotra, MD, Godrej Properties
Tata Group’s subsidiary, Tata AutoComp provides products and services to Indian and global automotive original equipment manufacturers (OEMs) as well as tier 1 suppliers.