Now, Fitch lowers outlook to negative for Lodha

Now, Fitch lowers outlook to negative for Lodha

A week after rating agency Moody's Investors Service downgraded realty player Lodha Developers (LDPL), Fitch Ratings on Thursday assigned a negative outlook to the firm due to its weak operating performance in 2014-15.

DLF cuts debt by Rs 2,000 cr; to close Amanresorts deal in Q3

DLF said it will bring down the net debt to about Rs 18,500 crore by March 2013 and to below Rs 15,000 crore in the medium term with the help from surplus cash flow.

DLF to cut debt from Mumbai land sale proceeds of Rs 2,727cr

This is the biggest land deal since March 2011 when Wave Infra bought 151 acres in Noida for a whopping Rs 6,570 crore.

Lodha pays Rs 2725 cr to DLF to acquire 17-acre land in Mumbai

In August, DLF had announced sale of this land parcel to Lodha Developers for about Rs 2,700 crore, almost four times higher than the price it had paid in 2005.

DLF sells 17 acres of Mumbai plot to Lodha for Rs 2,700 cr

In the biggest realty deal in the country this year, DLF Monday announced sale of 17 acres of prime land in Mumbai to Lodha Developers for Rs 2,700 crore, almost four times higher than the price it had paid in 2005.

DLF in talks with Lodha to sell Mumbai land for Rs 2,700 cr

Realty major DLF is in advanced stages of negotiation with Lodha Developers to sell its prime land in Mumbai for about Rs 2,700 crore and a deal is expected to be finalised shortly.

Deutsche Bank exits Lodha, gains $183 mn

Germany's Deutsche Bank has gained 9 billion rupees after exiting from a four-year investment in Mumbai-based builders Lodha Developers, the Indian company said.