Reco Diamond News

Companies

CCI clears GIC’s Rs9,000 crore deal with DLF’s rental arm

CCI approves Singapore's sovereign wealth fund GIC's plan to acquire 33% stake in DLF Cyber City Developers for Rs8,900 crore

1 min read4 Nov 2017
Companies

DLF says stake sale to GIC will lead to Rs13,000 crore capital infusion by November

DLF promoters have sold 33.34% stake in DLF Cyber City to GIC's affiliate Reco Diamond for Rs10,000 crore to form the joint venture

1 min read27 Aug 2017
Companies

DLF promoters to sell rental arm stake for Rs11,900 crore to GIC affiliate

Deal to see two buybacks after initial transaction; DLF board approves raising debt of up to Rs2,500 crore

2 min read26 Aug 2017

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Budget

The 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

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