Insurability
Jones Lang LaSalle, a Global real estate services firm, raised Rs 161 crore. The fund is focused on residential sector in India — Residential Opportunities Fund I – and is a six-year, close-ended private equity fund. It will invest Rs. 25-30 crore and target 25-30% returns, informed a senior executive. The fund will be will [...] Continue Reading »
P Chidambaram said there was “satisfactory progress” in the “India assisted” programme of constructing and repairing 50,000 houses in Sri Lanka. Till December 31 last year, the construction of 10,250 houses was completed under the programme of building houses for the internally displaced persons in the northern province of Sri Lanka. Union Finance Minister also [...] Continue Reading »
On account of subdued performance in agriculture, mining and manufacturing, the Government came out with the finding that the economy may have expanded by 4.5 per cent in 2012-13, compared with the earlier estimate of 5 per cent. The GDP, however, has been revised upwards to 6.7 per cent from 6.2 per cent, according to [...] Continue Reading »
