DLF has received environmental clearance to expand the Gurugram commercial property by nearly 1 million square feet
1 min read3 Sep 2018The 67% share in DLF Cyber City's profit amounting to 254 crore lifted the DLF Ltd's consolidated net profit to 185 crore
2 min read13 Aug 2018DLF plans to step out of its home market of Delhi NCR and develop new office and residential properties in Hyderabad and Chennai
3 min read13 Aug 2018Although DLF's rate of cash burn halved q-o-q to 500 crore in Q4, management reckons that it would remain so for the next few quarters. This may weigh on cash flows and push up debt again
2 min read5 Jun 2018DLF Home Developers will develop the project, which will eventually be transferred to DLF Cyber City and its joint venture partner GIC
1 min read28 Feb 2018The next few quarters are likely to see asset transfers and monetization in DLF and its joint venture with GIC reshape the balance sheet
2 min read15 Feb 2018DLF's agreement with GIC allows business flexibility to sell or build commercial properties for the joint venture
3 min read15 Feb 2018The Q3 profit includes one-time pre-tax gain of Rs8,569 crore due to restatement of DLF's investment in DLF Cyber City, which is now being accounted as a joint venture instead of a subsidiary
2 min read14 Feb 2018DLF shareholders have approved the issue of debentures and warrants to promoters in lieu of Rs11,250 crore equity infusion into the company to reduce debt
1 min read27 Dec 2017Real estate firm DLF will use the proceeds from the qualified institutional placement (QIP) will be used to cut its net debt
2 min read29 Nov 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared