DLF Ltd., India’s biggest developer, posted a third-quarter profit of 21.45 billion rupees ($544 million) on growing demand for houses, offices and hotels in Asia’s third-largest economy. Sales at the company and its units totaled 36 billion rupees in the three months ended Dec. 31, compared with 33.5 billion rupees in the second quarter, New […]

The recent meltdown and the following volatility in the broader markets has left two sets of believers on the streets: one set believes in bubbles, and expects them to burst at periodic intervals, while the other believes there is a fundamental reason innate to these so-called bubbles, which is the strong undercurrent of robust domestic […]

Textiles firm Pearl Global Ltd said on Tuesday it was in deal with DLF Retail Developers, an unit of DLF, to develop 9.20 acres of land in Gurgaon near Delhi.
The company said in a statement it has cancelled an earlier agreement with Ansal Properties and Infrastructure Ltd to develop the same plot. It did not […]