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SEBI has penalised Unitech Advisors (now Auram Asset Management) for failing to wind up three of its real estate funds — CIG Realty Fund I, CIG Realty Fund II, and CIG Realty Fund IV — on time. SEBI has ordered the company to immediately wind up the firms and return the unitholders’ funds.
How Andover Properties’ Brian Cohen built an empire in self-storage to conquer other assets like RV parks and manufactured housing.
A joint venture between affiliates of Midland Atlantic Properties and Illinois-based Next Realty has purchased a shopping center in a Cincinnati suburb.
Nifty Bank 41,530.15 41,791.95 41,559.40 +0.07%
On Monday, Sensex fell 334.98 points and Nifty ended below 17,800 points. On the Bombay Stock Exchange (BSE), 1900 stocks advanced, 1695 declined and 198 remained unchanged with advance decline ratio of 1.12, indicating a positive closing of stocks in broader markets.