Fractional ownership of real estate is becoming increasingly popular among investors as assets under management have touched Rs 4,000 crore, according to a report released by real asset management company TruBoard Partners. Several private … READ FULL STORY
June 2, 2023: The Securities and Exchange Board of India (Sebi) on June 1, 2023, announced the auction of 17 properties belonging to seven business groups on June 28 to recover investors’ money. … READ FULL STORY
Real estate firm Signature Global has received an approval from the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO) to raise Rs 1,000 crore. The developer had submitted … READ FULL STORY
Under a Supreme Court order, bondholders of two Sahara companies were asked to return money along with interest to nearly three crore investors in August 2012. In the absence of claims from bondholders, the … READ FULL STORY
The auction of these properties is in connection with recovery of allegedly illegally raised funds. In a notice issued on Friday, October 28, the SEBI said that keeping in view the interest of the … READ FULL STORY
Capital market regulator Securities & Exchange Board of India (SEBI) will auction as many as 10 properties of Bishal Group of companies on November 30 to recover money that was allegedly illegally raised by the firms from the … READ FULL STORY
Taxpayers often turn to tax evasion strategies in order to reduce the amount of money they must pay to the government in taxes. In order to stop this behaviour, the government must have provisions … READ FULL STORY
RIA full form is Registered Investment Advisor. It is an individual or organisation that counsels private clients on their financial investments. RIAs owe loyalty and trust to their customers, known as a fiduciary obligation, … READ FULL STORY
Equifax, a credit rating agency approved by SEBI, offers a business-to-business e-portal called ePORT. This portal allows firms to access their credit score and transaction history. Equifax collects credit information from lenders to provide … READ FULL STORY
Nearly three months after his company received an approval by the insolvency tribunal to complete the takeover, billionaire Ajay Piramal has completed the takeover process of embattled Dewan Housing Finance Corporation (DHFL), Piramal Group … READ FULL STORY
At a time when many real estate companies are suffering losses on account of the second wave of the COVID-19 pandemic, Brookfield India Real Estate Trust has reported that its income from operating lease … READ FULL STORY
After launching its initial public offer (IPO) on April 7, 2021, to raise Rs 2,500 crores through fresh issue of shares, real estate giant Macrotech Developers is ready to list its shares on stock … READ FULL STORY
The Enforcement Directorate (ED), on February 3, 2020, said that it has attached three entities – Multiple Resorts Pvt Ltd, Kolkata’s St Xavier’s College and Knight Riders Sports Pvt Ltd – in connection with … READ FULL STORY
