DLF full year net profit falls 41%; May face additional tax liability of Rs 300 to Rs 400 cr
DLF Ltd., the country's largest real estate company reported a fall of 41% in full year net profit citing lack of demand in all segments of real estate business both in residential and commercial and sale or leasing.

Separately, DLF said the special auditor of the income tax department has reassessed nearly Rs 1,200 crore of revenues of the company in financial year 2005-06 as...

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  • Short-sellers in trouble?
    Short sellers seem to be very badly trapped in the markets humungous gap of opening and continuing strength on Monday, 18th May 2009. The Sensex rocketed up 17% following a strong and a surprising election victory by the Congress-led alliance. The market move has killed players who were short on the futures and options segment. For instance, as on 15th May, the outstanding...
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  • FinTech ties-up with IGNOU for financial markets course
    In an effort to bring knowledgeable people in the markets, commodity exchange owner Financial Technologies Ltd. (FinTech) and Indira Gandhi National Open University (IGNOU) have joined hands for a diploma course.

    “We need to scale up the market and this scaling is again depended on how can we scale education to reach people. Only educated people will be able to use this...

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