The Madurai based Tami Nadu Chamber of Commerce and Industry has urged traders with tax arrears to avail themselves of the “Samadhan Scheme” announced by the state Government. In a statement the Chamber said,' 'Tamil Nadu Government by an enactment of the Tamilnadu S…
Hotel Leelaventure & Viceroy hotels : Chennai projects hit regulatory roadblock
In Chennai Hotel Leelaventure & Viceroy hotel projects hit regulatory roadblocks.
CMDA (Chennai Metropolitan Development Authority) has sent a notice to both saying their PPA (Planning Permission Applications) cannot be approved as there are some deviations and violatio…
South Indian Residential Reality Markets Safer Haven: Credit Suisse Report
Real estate companies across the India are facing an inventory overhang because of steep rise in interest rate and tight liquidity problems.
According to Credit Suisse report, one must avoid investor driven markets as cash flow of real estate companies dry up during tight…
CII: Excon 2011 - Construction Equipment Show
The CII (Confederation of Indian Industry) is organising Excon 2011, one of the largest events in South Asia, to showcase the construction equipment sector.
The Excon 2011 event is to be held in Bangalore from November 23 to 27, at the Bangalore International Exhibition Cen…
Share Review - Punj Lloyd
For 2Q FY 2012, Punj Lloyd posted 20.3% yoy top-line growth to Rs.2,392 cr (Rs.1,988 cr).
The company’s EBITDA margin for the quarter stood at 8.4% against 9.2% in
2QFY2011.
Interest and depreciation came in at Rs.129.9 cr (Rs.92.4 cr) and Rs. 78.1 cr
(Rs. 67.9 cr) respec…
Share Review - Madras Cements
Madras Cements reported 27.6% yoy growth in its net sales during
2Q (September) FY 2012, in-line with our estimates. Robust top-line growth was aided by
phenomenal 32.6% yoy growth in cement realization on a low base. Southern Region..!
The Madras Cements is majorly presen…
Punj Lloyd : September net profit at Rs 30 crore
Indian Infrastructure major Punj Lloyd had reported a consolidated PAT (Profit After Tax) of Rs 30 crore for the second quarter ended September 30, 2011 compared with Rs 21 crore in the same period in the last financial year.
The company's revenues for the second quarte…
Indian Real Estate shares – Intraday Tips For 9 November 2011
Recommendations for 9 November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 245.20 243.00 247.90 251.60 SELL BELOW 240.35 242.50 237.70 234.15 Top of Form Bottom of Form Scrip Trigger Price
Budget Home Expo: Concludes in Coimbatore
A 3 day (4th, 5th & 6th Nov. 2011) exhibition of budget homes is being organised in Coimbatore.
The prominent real estate developers would showcase housing plots with starting price of Rs. 50,000 per cent & flats in the price band of Rs. 10 lakh to Rs. 50 lakh. E…
Parsvanath Developers: September quarter net profit down 41%
Indian realty major Parsvanath Developers posted 41.55% decline in net profit for the second quarter ended September 30, 2011 at Rs 29.09 crore as compared to the same period last fiscal. Main reason was higher cost of construction and development,
During the same period la…
