Major Chinese property developer Country Garden expects to suspend trading of its Hong Kong-listed shares, the company said in a filing on Thursday, highlighting unprecedented challenges gripping the country's debt-saddled real estate sector. Country Garden is among several of China's largest developers to face setbacks in recent years, along with Evergrande and Vanke.
Open FlipNational Stock Exchange, on March 28, issued a circular announcing revisions in the market lot sizes of derivative contracts for 54 individual stocks among the 182 stocks with such contracts. The derivative lot size for 42 stocks will be decreased, effective from April 26 for expiries in May 2024 and beyond. Key stocks impacted include Adani Ports, Bharti Airtel, BHEL, SBI, and L&T.
Open FlipNew Delhi Municipal Council (NDMC) on Thursday crossed the Rs 1,000-crore mark in property tax collection for the ongoing financial year 2023-24, mopping up Rs 1,003 crore so far, while Municipal Corporation of Delhi (MCD) crossed the Rs 2,000-crore mark, with figures at Rs 2,017 crore.NDMC said it aims to easily cross its target of Rs 1,150 crore this fiscal.
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