March 18, 2018
MUMBAI: The JSW Group has emerged as the highest bidder for Jaypee Infratech, offering little over Rs 9,900 crore to banks amid claims from home buyers that they should be considered on a par with financial lenders in the resolution plan for the debt-laden company. Two senior officials aware of the bids told ET that…
March 18, 2018
By Vikas Khemani 2017: The year of structural strengthening and buoyant markets Unpredictability is the second nature of markets. Just as we were recovering from the sudden demonetisation impact, GST and RERA took a toll on growth, creating widespread skepticism around earnings growth. However, the Moody’s upgrade served as a global endorsement of reforms. The…
March 18, 2018
When going got easy, investors made money with both hands on Dalal Street in 2017. Not a single sectoral index on BSE concluded the year in the red. Underdog real estate sector doubled wealth over the past 12 months and emerged as the best sector in the year gone by. The BSE Realty index climbed…
March 18, 2018
BENGALURU: The secondary real-estate market in Bengaluru has recovered from its nadir in the months that followed demonetization and has been seeing improvement in sales in the past four months. The size of the deals is smaller, said brokers who deal in resale of properties. Brokers said the turnaround started in October, and it would…