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DLF to invest additional Rs 21,300 cr to complete housing projects in Gurugram, other cities
India's largest realty firm DLF Ltd is investing an additional Rs 21,300 crore to finish its ongoing residential projects. The company has substantial customer receivables. DLF has launched new projects, including a luxury development with significant revenue potential. Sales bookings saw a slight dip, but profits and total income increased.
Supreme Court orders CBI investigation into DLF’s Gurgaon project; shares fall nearly 4%
The Supreme Court of India has ordered a CBI probe into alleged irregularities in the Primus DLF Garden City project after homebuyers' petitions about delays and lack of utilities.
Stock market today: From Swiggy, IRFC to RVNL— More than 700 stocks hit 52-week lows on BSE amid stock market crash
As many as 719 stocks, including Swiggy, SBI Cards and Payment Services, IRFC, RVNL, REC, Concor, DLF, Naukri, Page Industries, Procter & Gamble Hygiene and Health Care, and Shree Cement, hit their 52-week lows in intraday trade on the BSE.
DLF, Lodha Developers fall up to 5% as real estate stocks slide; Nifty Realty down 3% amid US-Iran tension
The selling in real estate stocks came as global crude oil prices and energy markets turned volatile following the US-Iran conflict, raising concerns about inflation and household spending in oil-importing economies such as India.