Insurability
Ajit Gulabchand who is the chairman and managing director at the Hindustan Construction Company is setting out a plan in order to raise Rs 1,500-2,000 crore to pay the debt and get the Mumbai-based construction and engineering company out of the corporate debt restricting the cell ahead of the schedule. He further stated that he [...] Continue Reading »
Sriram S Mahadevan who is the Business Head of Mahindra Lifespace Developers compares affordable homes to products carrying maximum retail price or MRP labels. Any rise in the price which is above Rs 20 lakh or Rs 2400-Rs 2600 per sq ft would have the target clientele rejecting the product he said. With 1.5 million [...] Continue Reading »
Ajay Piramal is all set to make his boldest bet on the country’s battered infrastructure sector under the flagship Piramal Enterprises Limited (PEL). His investments in Vodafone India did fairly well and now with the Modinomics wave, he feels that infrastructure investments should be the next big thing. Piramal Enterprises Limited (PEL) is tying up [...] Continue Reading »
The Mahindra Lifespace developers which is the infrastructure division of the $16.5 billion Mahindra Group stated that its Mahindra World City township has got the Stage I certification under the India Green Building Council (IBGC) Green Townships. Mahindra World City which is the Special Economic Zone of Mahindra Lifespace Developers is located near the Singaperumal [...] Continue Reading »
The centre has given permission in principal for an East West Corridor for the state of Arunachal Pradesh in order to boost the economic activities that are going on in the state. The aforesaid was informed in the assembly last day. The state government has been proposing to create special economic zones along the foothills [...] Continue Reading »
The government in Delhi has recently given a sanction of amount of Rs 29.59 crore for the construction work of temporary pre fabricated structure with around 100 seats with the hope to establish a new Medical College attached with Dr Baba Sahed Ambedkar Hospital which is in Rohini. This construction was necessary to enhance the [...] Continue Reading »
The race to gain the Sahara Group’s luxury hotels in London and in New York is gathering to steam as a new bidder has joined the race. The Madison Capital Holdings LLC has offered to the buy The Plaza and Dream Downtown properties located in New York for a price of $800 million. These hotels [...] Continue Reading »
Tata Housing and Calcutta-based Keventer Group have teamed up for developing an upscale residential complex in Alipore. The collaboration between Tata Housing and Keventer for the plush housing project marks the return of the conglomerate in Bengal after the 2008 Singur fiasco. For building the top-end residential project in Alipore, Tata Housing and Keventer have [...] Continue Reading »
The present government in their first budget may not have had made a big splash as that had been expected but the administration plans that move at the fast speed is ensuring that its proposals are actually being implemented over the next few weeks and that the prime minister is able to celebrate this in [...] Continue Reading »
Gautam Adani has been making big plans in order to get up a total of Rs 10,000 crore through an eligible institutional placement (QIP) of shares of the Adani Enterprises, Adani Power and Adani Ports & Special Economic Zone. He wants to do this so that the group’s growth rate gets a boost. The money [...] Continue Reading »
