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DLF s rental arm acquires 51.8 pc stake in Fairleaf for Rs 780 cr ANI | Updated: Feb 19, 2021 10:50 IST New Delhi [India], February 19 (ANI): Real estate major DLF Group s rental arm DLF Cyber City Developers Ltd (DCCDL) has acquired 51.8 per cent stake in Fairleaf Real Estate Pvt Ltd for Rs 780 crore. In December last year, DCCDL had entered into a securities purchase agreement with funds managed by Hines, a global real estate investment, development and management firm, to acquire stake in Fairleaf. Hines owned and operated One Horizon Centre in Gurugram, an iconic asset forming part of the larger mixed use development located in one of the most sought-after location at DLF 5 in Gurugram with a leasable area of 8.13 lakh square feet, offering high-end grade-A office spaces along with complimentary retail space. ....
Updated Feb 19, 2021 | 09:57 IST Ambuja Cement in focus after its Q4 earnings. NMDC resumed production after Donimalai mines after 2 years. Engineers India and Oil India in focus. Stocks to track in trade for February 19, 2021: Ambuja Cements, NMDC, Engineers India, Oil India, DLF  |  Photo Credit: BCCL Key Highlights Ambuja Cement reported an in line set of number in Q4 ACC renewal of the existing MSA with Ambuja Cements Limited for a period of 3 years w.e.f. May 2, 2021 RBI issues master direction on digital payment security controls Ambuja Cements The company reported a broadly in-line quarter despite the in-line volume, realization slightly ahead and miss on cost fronts. The revenue grew by 14% YoY to Rs 3468 crore for the quarter on the back of better cement volumes and robust realizations. The sales volumes up 8% at 7.05MnTn. Strong demand from rural housing, as well as tier II and III cities, helped in vol ....