Tag: Indiabulls

Elan Group acquires 40-acre land in Gurugram for Rs 580 crore from Indiabulls

NEW DELHI: In a big-ticket land deal, Elan Group has bought around 40-acre land in Gurugram for Rs 580 crore from Indiabulls Real Estate to develop housing and commercial projects. With the purchase of this land parcel, located on Dwarka Expressway, Elan Group will make an entry into the housing segment with the total development […]

Indiabulls withdraws its plea in Delhi High Court over sharing of ‘defamatory’ content

NEW DELHI: The Delhi High Court Friday allowed Indiabulls Housing Finance Ltd to withdraw its plea seeking to restrain BJP leader Subramanian Swamy and social media giants Twitter, Facebook, Instagram and WhatsApp from publishing or disseminating any “false, offending or defamatory” allegations against it. Justice Mukta Gupta allowed the application saying the suit is “dismissed […]

Indiabulls expect RBI nod for merger with Lakshmi Vilas Bank by October

MUMBAI: Exuding confidence of getting the regulatory nod for merger with Lakshmi Vilas Bank in two months and the merged entity to be operational by next March, Indiabulls Housing Finance Tuesday said it will turn itself into an SME-focused bank if the merger goes through. The promoters exiting the real estate business or at least […]

Indiabulls petitioners withdraw from Supreme Court amid hints of criminal conspiracy

NEW DELHI: Indiabulls Housing Finance Ltd. said on Thursday that Abhay Yadav, the petitioner who alleged that the company and its Chairman Sameer Gehlaut misappropriated funds, withdrew his writ petition from the Supreme Court. IANS has been repeatedly pointing out that the petitioners filed the plea with malafide intent. Indiabulls housing share closed 11.86 per […]

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