Indiabulls sells 100% stake in Century for £200 million

Indiabulls Real Estate Ltd (IREL) said on Saturday that its wholly-owned subsidiary has divested the entire stake in Century Ltd to Clivedale Overseas Ltd, an entity owned by the promoters of Indiabulls Real Estate for 200 million pounds (about Rs 1,830 crore).

RBI rejects Indiabulls-Lakshmi Vilas Bank merger plan

The proposed merger of private sector lender Lakshmi Vilas Bank (LVB) with home financier Indiabulls Housing Finance has failed to get approval from the Reserve Bank of India (RBI).

Government to file Indiabulls investigation report this month

Indiabulls Housing Finance, Indiabulls Ventures, Indiabulls Real Estate are being probed for potential wrongdoing.

Subramanian Swamy accuses Indiabulls of Rs 1 lakh crore fraud

Share of Indiabulls Housing slumped over 7 per cent after BJP Leader Subramanian Swamy sent a letter to PM Modi, accusing the company of Rs 1 lakh crore fraud. The company has denied any corruption.

Stock markets in the green but subdued in lacklustre trading

Stock markets in the green but subdued in lacklustre trading Equity benchmark indices snapped their two-day fall and opened in the green on Wednesday following global cues. At 10:15 am, the BSE S&P Sensex was up 83 points at 38,648…

Indiabulls: Seeking real estate business exit, profit drops

Indiabulls Real Estate profit drops as it seeks to exit business Indiabulls Real Estate, which is seeking to exit the business ahead of the proposed merger of Indiabulls Housing Finance with Lakshmi Vilas Bank, has reported sharp decline in its…