DB Realty rallies after it repays part of loan

Mon Feb 18, 2013 12:42pm IST

A worker welds iron rods at the construction site of a commercial complex in Ahmedabad November 29, 2012. REUTERS/Amit Dave/Files

A worker welds iron rods at the construction site of a commercial complex in Ahmedabad November 29, 2012.

Credit: Reuters/Amit Dave/Files

Related Topics

Stocks

   
Border Security Force (BSF) soldiers ride their camels as they rehearse for the "Beating the Retreat" ceremony in New Delhi January 27, 2015. REUTERS/Ahmad Masood

"Beating The Retreat" Rehearsals

Rehearsals are on for "Beating the Retreat" ceremony which symbolises retreat after a day on the battlefield, and marks the official end of the Republic Day celebrations.  Slideshow 

Reuters Market Eye - DB Realty Ltd(DBRL.NS) shares gain as much as 4.4 percent on Monday after the ICICI Bank released a part of controlling stakeholders' pledged shares after the property developer repayed a portion of its loan from the bank.

DB Realty has seen shares equivalent to 11.04 percent of its paid up capital returned to the property developer, according to an exchange filing.

DB Realty shares gain 1.1 percent as of 12.11 pm.

(Reporting by Manoj Dharra)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Reuters Showcase

Telecom Sector

Telecom Sector

India postpones mobile airwave auction to March 4.  Full Article 

Business Strategy

Business Strategy

Uber scraps commissions for its New Delhi taxis.  Full Article 

Currencies

Currencies

China's yuan breaks into the world's top five as payment currency - SWIFT.  Full Article 

India’s Male Tenor

India’s Male Tenor

India’s lone male tenor wants to ‘Indianise’ opera  Full Article 

Job Cuts

Job Cuts

Sony to cut 1,000 jobs in smartphone business - sources.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage