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DLF Limited
Delhi Land & Finance (DLF Limited) is a commercial real estate developer. It was founded by Chaudhary Raghvendra Singh in 1946 and it is based in New Delhi, India. DLF developed residential colonies in Delhi such as, Model Town, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. DLF builds residential, office, and retail properties. With the passage of Delhi Development Act in 1957, the local government assumed control of real estate development in Delhi and banned private real estate developers. As a result, DLF began acquiring land at a relatively low cost outside the area controlled by the Delhi Development Authority, in the district of Gurgaon, in the adjacent state of Haryana. In the mid-1970s, the company started developing their DLF City project at Gurgaon. Its plans included hotels, infrastructure and special economic zones-related development projects. The company is headed by Kushal Pal Singh. Kushal Pal Singh, ac ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Greater Kailash
Greater Kailash (often referred to as GK) is a residential area in South Delhi consisting of prime and luxurious real estate in several neighborhoods and multiple markets. It is divided into two zones, namely Parts 1 and 2, located around a section of the Outer Ring Road. It is highly sought after both in the commercial and residential categories. The neighborhood registered a 4.4% growth in residential sales and was featured alongside Green Park, Defense Colony, Vasant Vihar and Anand Niketan in the 2019 edition of Knight Frank's quarterly report on prime luxury residential properties in various megacities around the globe. Greater Kailash 1 Greater Kailash 1 (GK-I) was developed in the 1960s by DLF Limited when Delhi Government allowed private developers to build colonies and is today one of the most affluent neighborhoods in the city, home to well-known politicians, business personality and people associated with Bollywood industry. GK 1 markets in M and N Block are some o ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. Note that the words ''earnings'', ''profit'' and ''income'' ...
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Punjabi Bagh
Punjabi Bagh is a locality in Delhi, India. It also is one of the three sub-zones of West Delhi. History The land of nearby Madipur village was acquired by government of India for resettlement of refugees from Pakistan.It was previously called '' Refugees colony '', but it was renamed as Punjabi Bagh in 1960. In its earliest stages was the settlement for Hindus and Sikhs who moved from West Punjab during the partition. Not much later it started becoming the locality for big bungalows of wealthy traders, businessmen, and transporters. The area is famous for these huge bungalows mostly in the range of 280–550 square yards, some plots are in the range of 1100–2200 square yards. It has also thus developed an image as a posh locality, mostly residential. Development Punjabi Bagh has seen rapid commercial growth since the mid-90s with the opening of innumerable Banks, Salons, restaurants such as Domino's, KFC, McDonald's, Wok in the Clouds, Nandos, Thai Wok, Bikanerwal ...
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Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (NCR), has an estimated population of over 28 million, making it the largest metropolitan area in India and the second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the banks of the river Yamuna matches the literary description of the citadel Indraprastha in the S ...
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Competition Commission Of India
The Competition Commission of India (CCI) is the chief national competition regulator in India. It is a statutory body within the Ministry of Corporate Affairs and is responsible for enforcing the Competition Act, 2002 to promote competition and prevent activities that have an appreciable adverse effect on competition in India. The CCI looks into cases and investigates them if the same has a negative impact on competition. CCI also approves combination under the act so that two merging entities do not overtake the market. The commission was established on 14 October 2003. It became fully functional in May 2009 with Dhanendra Kumar as its first chairman. The current Chairman of the CCI is Ashok Kumar Gupta, who was appointed to the role in 2018. The Competition Act, 2002 The idea of Competition Commission was conceived and introduced in the form of the Competition Act, 2002 by the Vajpayee government. A need was felt to promote competition and private enterprise especial ...
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Office
An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific duties attached to it (see officer, office-holder, official); the latter is in fact an earlier usage, office as place originally referring to the location of one's duty. When used as an adjective, the term "office" may refer to business-related tasks. In law, a company or organization has offices in any place where it has an official presence, even if that presence consists of (for example) a storage silo rather than an establishment with desk-and- chair. An office is also an architectural and design phenomenon: ranging from a small office such as a bench in the corner of a small business of extremely small size (see small office/home office), through entire floors of buildings, up to and including massive buildings dedicated entirely ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ...
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Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being ...
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewers, electrical grids, and telecommunications (including Internet connectivity and broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to mitigate and adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and green infrastructure. Acknowledging this importance, the international community has created policy focused on susta ...
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Cyber City, Gurgaon
DLF Cyber City is a corporate park in Gurugram, Haryana, India, which was opened in 2003. The area is home to several top IT and Fortune 500 company offices. The area has been termed a "futuristic commercial hub" and is considered one of the largest hubs of IT activity in Delhi NCR. Cyber City lies near Udyog Vihar, which is a conventional industrial area on the opposite side of NH-48. Cyber Hub is a large shopping and eating area with a number of leading restaurants and shops, which caters primarily to the people working in DLF Cyber City. Transport In 2013, Rapid Metro Gurgaon was introduced to Cyber City, connecting it with Delhi Metro. Six operational stations are within the Cyber City. The National Highway 48 (NH-48) runs through Cyber City and a project to construct a 16-lane expressway is also in progress. A flyover between Cyber City and MG Road was opened in 2015 to reduce traffic congestion. The Indira Gandhi International Airport is located close to the Cyber ...
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Gurgaon
Gurgaon (pronunciation: �ʊɽɡãːw, officially named Gurugram (pronunciation: �ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the national capital New Delhi and south of Chandigarh, the state capital. It is one of the major satellite cities of Delhi and is part of the National Capital Region of India. , Gurgaon had a population of 1,153,000. Gurgaon is India's second largest information technology hub and third largest financial and banking hub. Gurgaon is also home to India's largest medical tourism industry. Despite being India's 56th largest city in terms of population, Gurgaon is the 8th largest city in the country in terms of total wealth. Gurgaon serves as the headquarters of many of India's largest companies, is home to thousands of startup companies and has local offices for more than 250 Fortune 500 companies. It accounts for almost 70% of the total annual eco ...
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