Monday, October 17, 2005

Stocks of cos owning real estate in Mumbai fall (The Hindu)


Stocks of cos owning real estate in Mumbai fall (The Hindu)
STOCK prices of companies, which own huge real estate in Mumbai, fell sharply following the Bombay High Court's judgment setting aside the sale of National Textile Corporation (NTC)'s land in the city.

Inland Real Estate Corporation Pays Dividend to Common Stockholders (Business Wire via Yahoo! Finance)
Inland Real Estate Corporation announced that today it paid a cash dividend of $0.08 per share on the outstanding shares of its common stock to common stockholders of record at the close of business on September 30, 2005.

Telstra abandons real estate mag (The New Zealand Herald)
CANBERRA - Telstra's Sensis directories and publishing unit has abandoned a weekly Sydney real-estate magazine to focus on internet classified advertising.

Mumbai real estate gold mine shrinks (The Telegraph)
Mumbai, Oct. 17: Mumbai High Court today stunned real estate developers by putting out of their reach 400 acres in the heart of the cramped metropolis.

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