Amitabh Chaturvedi
Essel Finance plans to raise Rs. 2,300 crore from the overseas and domestic markets this fiscal year. This money will be used to finance the real estate projects. The banks are reluctant to lend and this situation has created a demand for the alternative funding options. Unlisted Essel Finance’s plans include raising $300 million (Rs. [...] Continue Reading »
Abhinav Bhushan an investment banking chief of Essel Financial Services Ltd, a part of Subhash Chandra’s Essel Group has been appointed as the head of its real estate fund business which is prepared to raise a $200 million offshore fund. Essel Financial’s real estate fund business, has proposed to build a corpus of Rs.500 crore in 3-6 [...] Continue Reading »
