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Thiruvananthapuram Smart City projects near completion
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Morgan Stanley, others acquires 6.8% stake in PNB Housing for Rs 16.64 Bn
Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 177 million, or 6.82% stake, of PNB Housing Finance through open market transactions worth Rs 16.64 billion. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 142 million shares or a 5.4% stake in PNB Housing in two transactions. Ghisallo Master Fund bought 17.90 lakh shares of PNB Housing while Societe Generale acquired 17.09 lakh shares of the firm, as per the data. Meanwhile, global investment firm Carlyle..
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About 22 lakh draft documents uploaded, only 5,300 e-khatas issued
Confirming that the e-khata system is floundering, data from Bruhat Bengaluru Mahanagara Palike has revealed that while 22 lakh draft e-khatas are available online, only 5,324 - or, slightly over 0.2% - final e-khatas had been issued till Friday, though the system was launched with much fanfare in early Oct. This, despite the BBMP's e-khata website receiving 54 lakh visits and 6 lakh draft e-khatas being downloaded. The data revealed that only 30,000 people have applied for e-khata, reflecting the multiple problems they are facing while applying. Those with draft e-khatas are eligible to see..
