PVR Cinemas acquiring DT Cinemas
Here in Gurgaon DT Cinemas is the last option we pick if we are planning to watch a movie. Tickets are expensive and the experience is disappointing.
DT Cinemas has apparently realized this as they are now selling their business to rivals PVR Cinemas.
PVR also now gets the right to [...]
DLF to develop affordable housing in India
India’s leading real estate company DLF is said to be working on plans to build around 1 lakh houses that would cater to middle class in the country.
These houses would be build in all the major cities of the country and would be priced at around Rs. [...]
DLF slowing down on projects
India’s dominating real estate company DLF has confirmed that they have slowed down their projects as the market conditions are worsening.
The company chairman K. P. Singh confirmed that the demand in the market is low and there are no takers for properties even at reduced prices.
He said: “Demand has gone down [...]
DLF Mall of India project on hold?
Market reports are claiming that Indian real estate industry giant DLF has slowed down the production of their largest mall project yet ‘Mall of India’.
This mall project is being constructed in the city of Gurgaon.
Experts believe this is due to falling of rentals in the region and cash [...]
DLF is the title sponsor for the Indian Premier League
Board of Control for Cricket in India has announced that real estate giant DLF has now been named as the title sponsor of the upcoming Indian Premier League.
The company placed a bid of Rs. 5 billion for a period of five years. They managed to overcome [...]
IBM’s India revenues might touch USD 1 billion this year
US based tech giant IBM has said that they expect India to become their hub of global delivery. IBM expects India to help them improve margin components and growth initiatives.
They are already working with a couple of Indian companies like Bharti Enterprises and now expecting revenues [...]
DLF enters BSE Sensex replacing Dr Reddy’s
India’s largest realty firm DLF is all set to enter the BSE Sensex benchmark index from next month.
They would be replacing Dr Reddy’s on the Sensex. Bombay Stock Exchange confirmed this in a report stating that the change would come into effect from November 19.
They also announced their decision [...]
Unitech latest to announce mobile industry plans
It’s surprising to see real estate companies announcing their plans to enter the Indian telecom market.
The latest player to reveal their plans is the real estate developer Unitech Ltd. The company has now announced their plans to apply for licenses to provide telecom services across the country.
Unitech said [...]
