Hot stocks: Brokerages on Indus Towers, Vodafone Idea and IndiGoNomura has upgraded Vodafone Idea from neutral to buy, setting a target price of Rs 15. They believe the worst is behind us with the conclu...
Karnataka HC allows liquidator to go ahead with valuing UB(Holding) assets in Bengaluru, MumbaiThe Karnataka High Court has granted permission to the official liquidator of UB (Holdings) Ltd. to proceed with the valuation process of U...
Indus Tower reports negative cash flows for 2nd straight quarter on high capex: AnalystsIndus Towers has recorded a decline in free cash flow (FCF) now for two straight quarters, a trend that analysts link to increased capital ...
UBS' Credit Suisse takeover with nickel and a dime. Is this the 'deal of the century'?UBS's acquisition of Credit Suisse for $3.25 billion in March has been hailed as the "deal of the century" after UBS reported a net profit ...
UBS upgrades Airtel to Buy, raises target priceAirtel is strongly positioned to capitalise as the industry goes through a repair process. Based on telecom regulator data, Airtel has gain...
Diageo sells office space in UB TowerThe deal, pegged at Rs 28,000 per sq ft, is the highest ever fetched in the city’s office market.
Diageo to sell office space in UB Tower to DivyaSree GroupThe deal to sell 30,000 sq ft, pegged at Rs 28,000 per sq ft, will be the highest ever fetched in the city’s office market.
Here are the costliest pieces of real estate in BengaluruThe slump in the real estate industry, made worse by demonetisation, made the government defer the property price revision for the year.
Bharti Infratel slips upto 5% on stake sale reports by KKR"The intention is to launch it (the share sale) this week, but depends on a lot of variables, so it's not set in stone."
- Kingfisher Airlines gains 1% on UB Holdings property sale reports
At 11:15 am, Kingfisher Airlines was trading 1.5 per cent higher at Rs 13.48. It has hit a low of Rs 13.40 and a high of Rs 13.69 in trade ...
Blackstone offers to buy Vijay Mallya's office, retail blocks in UB City for Rs 550 croreBlackstone's offer for the 3.7 lakh square feet of UB City's commercial space and 75,000 square feet of luxury retail space comes at around...
Vijay Mallya raises Rs 525 crore against Bangalore Kingfisher TowersKingfisher Towers-Residences at UB City is a 55:45 joint venture between Mallya and Bangalore-based realty major Prestige Group.
PEs like Blackstone, KKR in talks to buy Vijay Mallya's office towers for Rs 650 crorePE investor may acquire Mallya's office real estate, part of the UB City development in the heart of Bangalore, through a structured equity...
- HDFC bank to lend Rs 150 crore for Kingfisher Towers
HDFC Bank is lending Rs 150 cr to construct Kingfisher Towers in Bangalore, which is jointly promoted by UB Group and Prestige Estates Proj...
Vijay Mallya's White House in the sky: First-ever visuals & detailsIn all probability, Mallya will be the only man in Bengaluru who can boast of having a 1-acre parcel of land that's situated in the sky.
- Reliance Communications may receive offers from PEs for its tower biz; stock down
Billionaire Anil Ambani-controlled Reliance Communications may receive a number of preliminary offers for a controlling stake in its tower ...
- Reliance Communications may receive offers from PEs for its tower biz
RComm may receive a number of preliminary offers for a controlling stake in its tower business from a combination of strategic and private ...