DLF News

DLF completes sale of 74% stake in life insurance JV to DHFL

In July this year, DLF had announced exit from the life insurance business by selling its entire 74 percent stake in the JV with US insurance giant Prudential Financial. The JV was announced in 2007 and started operation in September 2008.

Dec 18, 2013, 23:24 PM IST

No unsold inventories in books of account: DLF

DLF said the Rs 17,645 crore mentioned in the books of accounts under head 'Inventories' represents mainly cost of land and plots, construction and development material.

Sep 29, 2013, 13:14 PM IST

DLF to raise upto Rs 1,888 cr via share sale, fixes price band

The company has fixed a price band of Rs 222-233 per share for its 8.1-crore share offer.

May 11, 2013, 23:48 PM IST

DLF reduces net debt by Rs 1,870 cr in Oct-Dec quarter

In an analyst presentation, the company gave a guidance that it will further reduce its net debt to Rs 19,000 crore.

Feb 15, 2013, 15:48 PM IST

DLF down over 3% in early trade

After making a weak opening, shares of the company further tanked 3.5 percent to Rs 245.05 on the BSE.

Feb 15, 2013, 12:08 PM IST

DLF to focus on core biz; to launch more projects in 2013-14

DLF has recently sold its two major non-core assets -- luxury hospitality chain Amanresorts and a prime Mumbai land -- for nearly Rs 4,400 crore. It is in the process of finalising sale of wind energy venture for about Rs 850 crore.

Jan 27, 2013, 12:34 PM IST

DLF office rental income to reach Rs 2,500 cr by FY15

DLF earned an office rental income of about Rs 1,500 crore in 2011-12 fiscal. It currently has Grade 'A' office leasing portfolio of 27 million sq ft, of which 15 million sq ft is in Gurgaon and rest is in the National Capital, Chennai, Hyderabad, Kolkata, Pune and Chandigarh.

Dec 16, 2012, 20:04 PM IST