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dhfl-buys-back-rs-2000-crore-worth-of-cps-before-maturity
economy
DHFL buys back Rs 2,000 crore worth of CPs before maturity

MUMBAI: Dewan Housing Finance (DHFL) has bought back about Rs 2,000 crore worth of commercial papers, or short term debt instruments, before their scheduled maturities in a move aimed at instilling confidence among investors.The company approached institutional investors over the past few days to buy back these short-term papers ahead of their scheduled maturity dates,…

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economy
SC slams DDA, civic bodies for ‘mess’ in Delhi

File photo NEW DELHI: The Supreme Court Thursday came down heavily on the Delhi Development Authority and other civic agencies for keeping “their eyes closed” on misuse of residential premises for commercial purpose since 2006 that has led to a “mess” in the national capital. The apex court said authorities, including the court-mandated monitoring committee,…

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economy
Noida Authority gives ‘in-principal’ nod to free-holding properties

File photo The Noida Authority on Thursday gave its in-principal approval to conversion of land holding rights from “lease hold” to “freehold” subject to nod from the Uttar Pradesh government, according to officials. The decision which could have a significant impact on real estate and property in the city adjoining the national capital was taken…

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dlf-inks-pact-with-hines-for-12-acre-gurgaon-plot-joint-development
economy
DLF inks pact with Hines for 12-acre Gurgaon plot joint development

MUMBAI: Realty major DLF has entered a pact with global real estate investment, development and management firm Hines to jointly develop a high-end commercial project on a nearly 12-acre land parcel in Gurgaon’s Udyog Vihar.The company has entered into a non-binding term sheet with a fund managed by Hines through its wholly-owned subsidiary DLF Home…

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