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DB Realty: D B Realty sells 2 91% stake in company to raise Rs 301 crore, ET RealEstate

DB Realty: D B Realty sells 2 91% stake in company to raise Rs 301 crore, ET RealEstate
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DB Realty divests 100% stake in Real Gem Buildtech for about Rs 231 42 crore, ET RealEstate

Consequent upon the aforesaid sale, Real Gem Buildtech will cease to be a wholly owned subsidiary of DB Realty. The transaction will lead to considerable amount of free cashflow to the company.

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INDIA STOCKS-Indian shares seen opening lower amid sustained foreign selling

Indian shares are set to open lower on Tuesday, with higher-for-longer global interest rate expectations driving continuous foreign outflows from the domestic market amid subdued global sentiment. .

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DB Realty to acquire stakes in three hotels for Rs 2,300 crore, ET RealEstate

DB Realty which is into real estate and construction business plans to expand its business into hotel/hospitality business segment.

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