Mercator Ltd posted a net loss of Rs 28.70 crore for the quarter ended June 30, 2017, on the back of lower income. The decline in net profit in the June quarter is mainly owing to the one-time extraordinary gain of Rs329 crore from the sale of DT Cinemas to PVR group in the year-ago quarter.
Total income, however, rose by 9 per cent to Rs 2,211.24 crore in the first quarter of this fiscal from Rs 2,025.58 crore in the corresponding period of the previous year. DLF is in the process to sell a 40% stake of promoters in DCCL to Singapore sovereign wealth firm GIC. The deal will help it raise an estimated Rs12,000-13,000 crore and significantly reduce its debt.
The demand for residential real estate continues to be soft for the company despite growth in the economy and the implementation of the real estate regulatory Act (RERA) and goods and services tax (GST) has continued to elongate the sales cycle.
Prices in North India, another major market of the company, remained subdued and sharp increase in road freight and fuel prices put pressure on margins, but this was partly compensated by the performance in Eastern markets, which witnessed an upswing in demand.
Despite the uncertainty and period of transition, the company said it has continued to focus on completion of projects in order to create finished inventory for sale in the future when normalcy returns after 2-3 quarters.
DLF expects the property market to recover soon with reduction in key policy rates by the RBI this month.
In response, President Donald Trump has warned North Korea repeatedly that if it takes such action, the USA will hit back. There's a sense of patriotism among those who cite the island's history of Guam residents serving in the USA military.
The United States has unsuccessfully lobbied for the 27 members of the ASEAN Regional Forum to suspend North Korea's membership. Bang was in the Philippines with a North Korean delegation that includes North Korean Foreign Minister Ri Yong Ho .
The infographic below shows the maximum range of each of the ballistic missiles North Korea has tested over the last few years. On preconditions for reopening talks with North Korea , Tillerson said "we'll know it when we see it".
According to police, Vanderhall was found sleeping in a vehicle within two miles of the crime scene and was arrested, police say. Police say Vanderhall has a history of mental problems and a rap sheet that includes DWI and sexual abuse charges.
Cruise seems to make the impressive leap but appears to not land properly, instead slamming into the side of the building. Cruise was even getting injuries in the early days of the franchise when he was about 20 years younger.
Meanwhile, authorities have directed telecom authorities to block mobile Internet services in Budgam district. The police said there was information about presence of the militants in the area and the cordon was laid.
Y la respuesta del jugador no pudo ser mejor, pues salió airoso de un mano a mano para evitar lo que parecía el 1-0. Luego de este incidente, el rosarino decidió poner a De Preville , su delantero centro, como portero.
The Western Union Company (WU) - Momentum Stock to Focus
The firm owned 48,043 shares of the credit services provider's stock after buying an additional 11 shares during the period. Kentucky Retirement Systems acquired a new stake in Western Union Company (The ) during the fourth quarter worth $764,000.
Kyle Busch reacts angrily to Keselowski's Toyota comments
We are not in bad shape, but with so many drivers with victories, that puts us pretty much in a box where we have to win. He is starting from the pole and was fastest in final practice & second fastest in the first practice on Saturday.
Intentaron balear al hijo del periodista Luis Otero
El locutor publicó en Twitter una foto de la vaina de la bala que le dispararon en la cabeza a su hijo en Avellaneda. Según las fuentes, el hijo de Otero fue interceptado por criminales que se transportaban en un Volkswagen Fox gris .
PREVIO | Barcelona vs Real Madrid | Supercopa de España
Barcelona jugó su primer partido sin Neymar el lunes en un duelo de exhibición contra el club brasileño Chapecoense . Los de Zidane podrían ganar su segundo título en una semana ante un Barcelona tocado por la marcha de Neymar .
No change to Alexis Sanchez situation says Arsene Wenger
But Wenger revealed after the dramatic clash that Giroud "decided to stay" at the Emirates and he is "really loved" at the club. The 28-year-old watched from the stands as Olivier Giroud's late header earned the Gunners three points.