NCLT agrees to hear plea alleging mismanagement in OmaxeTerming the matter as "exceptional" and having "compelling circumstances" against the realty firm, a two-member Chandigarh-based NCLT bench...
NCLT admits petition against real estate developers Omaxe“We are of the considered view that the present case is one of the exceptional and compelling circumstances which entitle the applicants fo...
NCLT orders status quo on Omaxe’s land in HyderabadThe NCLT has also ordered nonencumbrance on the land, on a petition filed by group chairman Rohtas Goel’s younger brother and former joint ...
NCLT allows Sunil Goel to inspect documents of Omaxe's holding companyListing the matter on December 21 for next hearing, the tribunal has directed the respondents to file the reply at least a week before the ...
Omaxe’s Sunil Goel moves NCLT against brotherSunil Goel, the second largest shareholder of realty developer Omaxe, has filed a petition in the National Company Law Tribunal, accusing e...
- Buy Omaxe, target Rs 245: Jay Thakkar
Buy Omaxe Ltd. at a price target of Rs 245.0 and a stop loss at Rs 225 from entry point.
Omaxe promoters to take 90% salary cut, forgo dividendPromoters decision is keeping in the mind the challenges faced by the real estate industry post demonetisation and implementation of RERA a...
Omaxe Q2 net profit up 40% at Rs 19.46 croreRealty firm Omaxe today reported a 40 per cent increase in consolidated net profit at Rs 19.46 crore for the quarter ended September.
Omaxe's gross debt rises by 5 per cent to Rs 1,147 cr during December quarterOn operational performance, Omaxe said that sale bookings fell by 42 per cent to 1.18 million sq ft during October- December as against 2.0...
Extend tax benefits to housing sector: NAREDCO council chief Rohtas GoelRe-introduce "tax benefit under section 80-1B(10) in budget to provide tax sops for housing sector up to basic selling price of Rs 60L to b...
Omaxe Q1 net profit down 37 per cent at Rs 12 croreRealty firm Omaxe today reported 37 per cent fall in its consolidated net profit at Rs 12.03 crore for the quarter ended June 30 due to low...
Omaxe Q1 net up 5% at Rs 19 croreRealty firm Omaxe reported 5 per cent increase in consolidated net profit at Rs 19.03 crore during the first quarter of this fiscal on high...
Omaxe's share sale under-subscribed; fails to meet SEBI normOmaxe's offer to sell promoters' 2.11 cr shares today attracted bids for only 27.89 per cent of the scrip on block, failing to meet sebi no...
- Omaxe Q3 net profit up 50% at Rs 28.85 crore
Realty firm Omaxe today reported nearly 50 per cent increase in consolidated net profit at Rs 28.85 crore in the third quarter of this fisc...
- Omaxe Q4 net more than doubles at Rs 23.73 crore
Omaxe reported a more than two-fold jump in its consolidated net profit at Rs 23.73 cr for the quarter ended March 31, 2012 as against Rs 1...
- Omaxe scraps Rs 80,000 cr affordable housing project
Realty firm Omaxe on Sunday said it has shelved its Rs 80,000-crore investment plan aimed at developing 10 lakh affordable houses.
Job losses increase realty woesExecutives at property firms are faced with the prospect of job losses and salary cuts to the extent of 50% as sales refuse to pick up.