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Haryana govt red-faced as officials give Vadra clean chit in DLF land deal

 The Haryana government on Friday claimed no clean chit has been given to anyone after revenue officials said no rules were broken in the transfer of land to realty major DLF by Skylight......

Vadra storm exposes double standards in Cong leadership

 Congress leaders going all-out to defend Sonia Gandhi's son-in-law has left several red faced, with leaders privately speaking of unfair practices in the party, reports Renu Mittal. Almost the......

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

 With 500 Indians being named in leaked 'Panama Papers' for alleged offshore holdings, government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action......

The man who is fixing DLF

 In the good old days, the joke was that real estate firm DLF Limited's owner K P Singh, and later his son Rajiv, was a Damn Lucky Fellow. Today, with so many real estate firms nearly bust, what's......

DE Shaw reaps $500 mn in DAL deal

US hedge fund makes 40% profit; KP Singh family to go for DLF Assets IPO in the first quarter of 2010. US hedge fund DE Shaw has sold 36 percent stake in DLF Assets Limited for $500 million (Rs......

Jhunjhunwala on why realty developers should not list on bourses

 Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Photograph: Shailesh Andrade/Reuters......

DLF targets Rs 55 billion from asset sale

 DLF Ltd, the country's largest real estate developer, plans to raise Rs 5,500 crore (Rs 55 billion) through the sale of non-core assets such as power units and hotels to help it reduce its debt.......

Real estate: Not getting real enough

 Over the last weekend, the central bank has tried to address the biggest near-term concern for property companies --bankruptcy -- says a CLSA report. The one-time move, which will allow banks not......

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