Assets

Tuesday, Apr 16, 2024 | Last Update : 02:39 PM IST

CDEL's board of directors approved the sale of its Global Village Technology Park in Bengaluru to Blackstone for up to Rs 3,000 crore.

Deleveraging assets to ensure liquidity position of company: CCD

Coffee Day Enterprises Ltd (CDEL) has been trying to divest its assets to pare debt.

13 Sep 2019 3:00 PM

Close on the heels of Emami Group promoters diluting a 10 per cent stake in Emami Limited to raise up to Rs 1,230 crore, the market is abuzz with speculations that the Kolkata-headquartered diversified conglomerate may sell controlling stakes in some other group companies, including the paper business, and also sell select assets in businesses like cement to lower their debt burden of nearly Rs 2,200 crore.

Paper, cement next in Emami sight?

With a view to further reduce the debt and reap the benefits of such investments for the benefit of Emami Group.

26 Jun 2019 3:44 AM

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Promoters sell 10 per cent in Emami, raise Rs 1,230 crore

The company had earlier resolved to pare the debt of Emami Group and the latest move aims at doing that in the next 6 to 8 months time.

25 Jun 2019 4:10 AM

The company said 248 MCNs covering about 5 million sq.ft. of area used for hosting the telecom infrastructure were transferred to Reliance Jio.

RCom sells Rs 2,000 crore worth assets to Reliance Jio

RCom in May it expected to sell assets worth 181 billion rupees ($2.58 billion) to Reliance Jio and Canada’s Brookfield.

23 Aug 2018 11:30 AM

The Women and Child Development Ministry has urged the Finance Ministry to amend the Income Tax Act to exclude from tax ambit the income arising from the assets transferred for an inadequate consideration by an individual to his wife or son's wife.

Finance ministry considering to exclude income from minor asset transfer

Virendra Kumar said the request to carry out amendment in the Income Tax Act was under the consideration of the Finance Ministry.

02 Aug 2018 4:07 PM

Multiple years of losses have substantially eroded the networth of engineering major L&T's shipbuilding arm and led its independent auditors to cast “significant doubt” over whether the company can continue as a "going concern".

L&T Shipbuilding's auditors raise 'going concern' doubts

The company's losses narrowed to Rs 348.34 crore in FY17 as against Rs 711.71 crore in the previous fiscal.

31 May 2018 12:23 PM

As per the existing proc¬ess of law under the PMLA, ED could only confiscate the assets once the trial in a case finishes. (Photo: Facebook screengrab)

ED to seek immediate seizure of Nirav’s Rs 7,000 cr assets

Agency is likely to seek special court’s permission to invoke provisions of the Fugitive Economic Offenders Ordinance.

28 May 2018 9:25 AM

India has the third largest number of billionaires in the world.

India's billionaire count to rise 3 times by 2027: report

India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion.

23 May 2018 3:10 PM

India is the 6th wealthiest country in the world, says report

China stood at the second place with USD 24,803 billion.

21 May 2018 11:46 AM

Centre has invited 'expression of interest' to sell a 76 per cent stake and management control in the airline. (Photo: File)

Monetise Air India assets rather than selling stake: SJM to govt

The government has injected more than Rs 23,000 crore since 2012 to bail out the airline.

20 Apr 2018 9:23 AM

FIR with CBI were filed in the evening of February 13, 2018, and BSE and NSE were informed on February 14 around 9 am.

Enough assets to meet any liability, says scam-hit PNB

The bank had disclosed about the scam on February 14 through a regulatory filing.

22 Feb 2018 5:03 PM

NPAs of PSBs rose to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

01 Jan 2018 2:33 PM

The residential realty projects received investment worth Rs 3,600 crore during the January — March period, 56.52 per cent higher that Q1 2016.

Office spaces attract private equity investors’ attention

This has been the highest private equity inflow in office assets since 2009.

24 May 2017 1:03 AM

Uttar Pradesh Chief Minister Yogi Adityanath (Photo: PTI)

20 ministers of UP govt face criminal cases: ADR

On the other hand, Punjab government has two minister with criminal charges against them.

21 Mar 2017 4:50 PM

27 Punjab MLAs have criminal cases, 95 are crorepatis: ADR

27 of the newly elected MLAs have criminal cases against them of which 11 MLAs face serious allegations.

16 Mar 2017 9:18 AM

Assets of re-contesting MLAs in UP soar by 82% in 5 years: ADR

The average assets of the 311 re-contesting MLAs from various parties in 2012 was Rs 3.49 crore while this year it stood at Rs 6.33 crore.

07 Mar 2017 2:24 PM

Mulayam Singh Yadav with Shivpal Singh Yadav. (Photo: PTI)

UP polls: Shivpal, his family have assets worth Rs 9.22 cr

Shivpal owns a Pajero car purchased in 2008 which is worth Rs 7.20 lakh at present and has total moveable assets around Rs 22 lakh.

31 Jan 2017 7:34 PM

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