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DLF says IL&FS default crisis, India credit market turmoil will help its home sales; here’s how
Posted on 2nd November 2018
The turmoil in India’s credit markets, brought on by defaults at a major infrastructure financier, will benefit the nation’s largest developer, allowing it to sell homes while peers struggle to get money to finish their projects.

Gurugram-based DLF has adequate liquidity and access to capital to meet all of its obligations on time. It believes that it is well placed to grab opportunities, the company said Thursday at the release of its second-quarter results A unit of DLF and Hines have agreed to jointly develop a commercial project in Gurugram, near New Delhi. The 51:49 partnership will result in more than 2.5 million square feet of commercial space.

The transaction is expected to be closed in the current quarter, DLF said Thursday Hines is a U.S.-based privately owned global real estate investment, development and management firm with $116.4 billion of assets under management Net consolidated profit at DLF more than doubled to 3.8 billion rupees ($51.7 million) in the quarter ended September 30.

Related Companies: DLF Ltd   

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Paytm Mall Republic Day Sale: Grab cashback on iPhones, up to 80% off on these items; check details
Posted on 22nd January 2019
Paytm Mall on Tuesday announced ‘Republic Day Sale’ which offers exciting discounts and cashback to the buyers. The attractive deals can be availed by the customers until January 26. The customers can buy laptops, sports shoes, smart TVs, headphones, home appliances and others in the sale.

Up to Rs 8,000 cashback can be availed on the purchase of iPhones using the offer, the company said in a statement.


How Microsoft CEO Satya Nadella wants technology to address key aspects in life
Posted on 22nd January 2019
Microsoft CEO Satya Nadella on Tuesday asked world leaders to ensure that technology addresses the challenges facing humanity, including access to education and healthcare. Address a press conference here as a co-chair of the World Economic Forum Annual Meeting 2019, the Indian origin business leader said computers have become embedded in the fabric of everyday life.

Ashok Leyland hits 20-month low on growth concerns
Posted on 22nd January 2019
Shares of Ashok Leyland continued under pressure, hitting a 20-month low of Rs 86.55 apiece, down 4.5 per cent on the BSE, on concerns of a slowdown in vehicle sales.

The market price of the country's second largest commercial vehicle (CV) manufacturer was trading at its lowest level since May 25, 2017.


Maruti Suzuki commences bookings for updated version of Baleno
Posted on 22nd January 2019
The country's largest carmaker Maruti Suzuki India (MSI) Tuesday said it has commenced bookings for an updated version of its premium hatchback Baleno.

The new Baleno can be booked with an initial payment of Rs 11,000, MSI said in a statement.


Bajaj Auto launches new brand identity ‘The World’s Favourite Indian’
Posted on 22nd January 2019
Bajaj Auto Ltd released its new brand identity on Monday — “The World’s Favourite Indian” to announce its dramatic transition from a domestic scooter maker to a global motorcycle maker.

Commenting on company’s journey, Rajiv Bajaj, Managing Director, said, “Our international performance is validation of our strategy of focus and differentiation.


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