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DLF redeploys 1,100 employees during 2012-13

19 Jul 2013

Post outsourcing its construction and facility management activities, Realty major DLF has reduced its employee strength by 1,100, or about 30%, during 2012-13. The company was left with 2,600 employees at the end of 2012-13 as against 3,700 employees at the end of 2011-12. However, 1,100 employees have not been laid-off but have been redeployed to the outsourcing firms.

In a bid to avoid delays, country's largest realty firm outsourced construction for its current and upcoming projects to contractors such as Larsen and Toubro.

DLF Share Price

398.20 0.85 (0.21%) Dec 09, 18:01
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Peers
Company Name CMP
Dilip Buildcon 566.40
NBCC (India) 44.55
Prestige EstatesProj 467.95
DLF 398.20
JMC Projects (India) 100.50
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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