Live Breaking News & Updates on Motilal Oswal Real Estate|Page 5
Stay updated with breaking news from Motilal oswal real estate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wipro Q3 net rises 21% to ₹2,968 cr; expects Q4 revenue growth at 1.5%-3.5% Premium 1 min read Total revenue rose marginally to ₹15,670 crore in Q3FY21 Wipro CEO Thierry Delaporte says company saw second straight quarter of strong performance and that revenue growth is at upper end of their guidance Share Via Read Full Story IT software giant Wipro on Wednesday reported 21% rise in consolidated net profit at ₹2,968 crore for the quarter ending 31 December, 2020. It was ₹2,456 crore in the year-ago period. Total revenue rose marginally to ₹15,670 crore in Q3FY21. Wipro expects revenue from its IT Services business to be in the range of $2,102-$2,143 million, which translates to a sequential growth of 1.5% to 3.5%. ....
Motilal Oswal Real Estate plans to raise up to Rs 800 crore via fifth Realty Excellence Fund IREF V to focus on construction finance in post-approval projects; Fund plans to deploy the capital in mid-income/ affordable residential projects across the top 7 cities in India Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, is looking to raise up to Rs 800 crore through its recently-launched fifth real estate fund India Realty Excellence Fund V (IREF V). While the earlier three funds (IREF II, IREF III and IREF IV) focused on early-stage investments, IREF V would focus on construction finance in post-approval projects. ....
India: Motilal Oswal Real Estate plans to raise $109m for fifth fund Photo: Pradeep Gaur/Mint Premium Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, is looking to raise up to $109 million (Rs 800 crore) for its fifth real estate fund India Realty Excellence Fund V (IREF V). Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at [email protected]. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories left placeholder You have one free story left this month. ....
IT cities will see a faster turnaround in terms of unsold housing stock December 29, 2020 Sharad Mittal, CEO, Motilal Oswal Real Estate Fund× Affordable housing continues to do well, says Sharad Mittal, CEO, Motilal Oswal Real Estate Fund Residential sales are witnessing recoveries and have returned to pre-Covid levels after a tumultuous few months. People are stepping out and visiting sites. Branded developers in mid-range markets are witnessing some traction. Amid all these, prices have remained range-bound, says Sharad Mittal, CEO, Motilal Oswal Real Estate Fund. For commercial real estate, new absorptions will depend on how the work from home (WFH) scenario and company policies around it play out over the next year, he adds. ....
Shares of real estate companies continued their northward movement, with the Nifty Realty index surging 4 per cent on the National Stock Exchange (NSE) on Wednesday on hopes of revival in demand. Indiabulls Real Estate advanced 17 per cent to Rs 80 on the NSE on the back of heavy volumes. A combined 17.5 million equity shares had changed hands on the counter on the NSE and BSE. Godrej Properties, DLF and Oberoi Realty were up in the range of 4 per cent to 5 per cent, while, Sobha, Sunteck Realty and Omaxe from the index were up between 1 per cent and 3 per cent on the NSE. ....