Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in India’s financial services sector. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) The middle-eastern bank will invest ₹26,853 […]
MUMBAI: From Thursday onwards, the BMC will start selling 426 inclusive homes, meant for those who annually earn ₹9 lakh or less, who fall under the Economically Weaker Sections (EWS) and Lower Income Groups (LIG). The homes, located in Kandivali, Bhandup, Jogeshwari, Goregaon, Byculla, Kanjurmarg, and other areas, have an area of 322 sq ft […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has held that a developer cannot forfeit the entire amount paid by a buyer if the agreement for sale has not been executed and the booking is later cancelled. The MahaRERA clarified that in such cases, the developer can deduct only 2% of the flat’s cost as cancellation […]
Rajesh Mehta, an NRI residing in the United States, is returning to Bengaluru after his five-year H1B visa expires. He owns three properties in the city, next to his child’s school, where he plans to reside; an apartment in the outskirts, which he plans to sell; and a house in Mysore, which he plans to […]
Tata Capital IPO has garnered 75% subscription after two days of share sale, indicating the cautious optimism around the Tata Group stock. Source link
The LG Electronics India IPO was subscribed 1.05 times on the first day itself, a rare feat for billion-dollar IPOs in India. Source link