TREND:Curious case of delivery-to-traded volume in Future Retail shrs

Friday, Aug 7, 2020 By Apoorva Choubey MUMBAI – The delivery trends in Future Retail Ltd’s shares have turned surprisingly high amid incessant news flow over the past few months that Reliance Industries Ltd is close to finalising a takeover deal with founder Kishore Biyani. All the shares traded have been taken for delivery in at least 10 sessions since June, and in 20 […]

INTERVIEW: As reality bites, Sunteck Realty moves to affordable homes

Friday, Aug 7, 2020 By Janaki Krishnan  MUMBAI – In 2009, Sunteck Realty Ltd shot into the limelight by launching super luxury residences at Bandra Kurla Complex with prices upwards of 200 mln rupees. Then came the demonetisation and now the COVID pandemic, forcing the luxury house maker to change its strategy. “There is obviously not very great demand from the uber and ultra luxury segment,” Chairman and Managing Director Kamal Khetan told […]

Source says NITI Aayog moots more pvt invest in infra to revive econ

Friday, Aug 7, 2020 By Tushar Chakrabarty NEW DELHI – As the government plans further measures to revive the economy from the fallout of coronavirus-led lockdown, NITI Aayog has suggested to the Prime Minister’s Office to encourage private sector participation in infrastructure, a senior government official said. “For doing this, the recommendation from NITI Aayog is to get private capital […]

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