Infrastructure
In a pioneering announcement or proclamation of sorts, a top official has confirmed that business ties between Indian and US governments would mainly focus on infrastructure. According to a top official in Washington, there has been substantial ground work with regard to Indo-US business ties especially after the meeting of Prime Minister Narendra Modi with [...] Continue Reading »
Odisha is looking for strategic investments worth INR 5, 000 crore in the public infrastructure segment, through carefully tailored partnerships between the government and private players. Odisha chief minister Naveen Patnaik has set a target of INR 5, 000 crore with regard to investments in the public infrastructure space in the state. This will be [...] Continue Reading »
Indiabulls Asset Management, part of Indiabulls group, has stated that they have appointed Mr.Ambar Maheshwari, as CEO of its alternate investment funds business which it is under the process of being up. The AIF team will be investing primarily in real estate. Maheshwari was previously the Managing Director of Corporate Finance at Jones Lang LaSalle. [...] Continue Reading »
British brand JCB is increasing becoming synonymous with earth-moving machines in India, thanks largely to the omnipresent use of JCB earth-moving equipment – be it backhoe loaders or pick-and-carry cranes – in the country’s construction sector. With 75 percent of construction equipment sold in India being a JCB-branded machine, it is quite apparent that JCB [...] Continue Reading »
Andhra Pradesh Chief Minister N Chandrababu Naidu today sought cooperation of Australia in helping the state government build infrastructure projects and strengthen roads and drainage networks. A delegation led by Lord Mayor of Brisbane Graham Quirk met Naidu at the CM’s Camp Office where the latter explained the “huge” investment potential in the state. The [...] Continue Reading »
The first hundred days of any government in power might be too short a time frame to judge success or failure, but it is long enough to assess the direction of policies the government is rooting for. From this point of view, the real estate industry has reasons to be optimistic. The annual budget itself [...] Continue Reading »
India’s infrastructure market is expected to touch $6.6 trillion by 2025, which will be nearly 12.5 percent of the Asia-Pacific. According to consultancy firm PwC, the Asia-Pacific infrastructure market is expected to grow by 7-8 percent a year over the next decade to over $53.6 trillion by 2025 and representing nearly 60 percent of the [...] Continue Reading »
In a sign of increasing the economic and investment ties between New Delhi and Beijing, China’s president Xi Jinping, who is scheduled to start his India visit from September 17, is likely to sign major investment deals in industrial parks, infrastructure, energy and railways sectors. Chinese embassy officials in New Delhi said, Xi is expected [...] Continue Reading »
Properties along Yamuna Expressway have just become costlier, after Yamuna Expressway Industrial Development Authority (YEIDA), in a board meeting on Monday, passed a proposal to hike land allotment rates. Residential and commercial land allotment rates in the area have been increased by 23 percent and 24 percent, respectively, while industrial and institutional land rates have [...] Continue Reading »
Chinese president Xi Jinping will bring along with him $100 billion or Rs 6 lakh crore of investment commitments over five years during his upcoming India visit next week. This is nearly thrice the $35 billion secured by Prime Minister Narendra Modi during his Japan trip. Jinping will land in Modi’s home state Gujarat on [...] Continue Reading »
