Mumbai: The Embassy Office Parks REIT, India’s first share sale in a property collection under one operator, Monday became the country’s second-most valuable realestate company on its stock-market debut, highlighting the potential of an investment product that already finds favour with the uberrich in New York, Singapore or London. After gaining as much as 8 per cent to Rs 324.50, compared with the...
After the utilisation of the IPO proceeds, its total debt is expected to be less than 15% of market value, HDFC Securities said in a note on March 16. The stock of Embassy Office Parks REIT ended more than 4% higher in debut trade on the NSE on Monday against its issue price of `300. The stock was listed at `308, 2.67% above its issue price, before closing at `314. The firm’s shares saw an intra-day...
Also, with effect from April 1, it is mandatory to quote and link Aadhaar number while filing income returns. This is the sixth time the government has extended the deadline for individuals to link their Permanent Account Number (PAN) to Aadhaar. The government has extended the deadline for linking PAN with the Aadhaar number by six months till September 30. The Income Tax (IT) Department has made it...