Infratech
Lanco Infratech, which has interests in infrastructure, power and realty segments, retrenched 30 percent of its 5,700 workforce in the last financial year due to slowdown in development of some of its projects amid subdued market conditions. According to the latest annual report of the infra major, the group, which had a workforce of 5,700 [...] Continue Reading »
India’s top lenders, impatient with the delays in cash-strapped Lanco Infratech asset-disposal programme, are planning to take direct charge of the process to ensure they get what was owed to them, while providing fresh loans to get projects that have been stuck for various reasons moving again, according to an internal note. The banks, which [...] Continue Reading »
Renowned realty firm Wave Infratech has recently unveiled a new luxury destination in Noida – the ‘Club51’, Belleville Park in Sector 25A, Noida. Situated at the heart of Noida-Delhi NCR region, Club51 unfolds an opportunity to own luxurious villas, with sizes ranging between 300 sq yds and 500 sq yds. The limited-edition offer comprises 51 [...] Continue Reading »
