Adani
There is some good news for the Infrastructure projects. The sector was reeling under the slowdown and the banks had declared many loans to such projects as bad debts. Infrastructure companies may take advantage of a small window of opportunity offered by the Reserve Bank of India (RBI) to refinance at least Rs 30,000 crore [...] Continue Reading »
In this general election, India Inc has featured heavily in the heated exchanges among parties. India’s biggest real estate developer DLF has suffered in the crossfire because of its alleged links to Sonia Gandhi’s son-in-law Robert Vadra. BJP leader Uma Bharti says explicitly on April 12 that Vadra would be jailed if the NDA came [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
There may be good days in the offing as per real estate market in India is concerned. According to data from property research firm PropEquity, home sale volumes remained stable in the month of May in key cities across the country. Mumbai has seen slight increase and the sales have been moderate in Gurgaon. The [...] Continue Reading »
Adani group foray into the Delhi-NCR developing two projects on separate parcels of land. The projects will cost 1,500 crore. Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi. Both developers will share costs and revenues equally. Towards the [...] Continue Reading »
