Investment
Peninsula Brookfield Investment Managers Pvt. Ltd., a real estate based fund, has made an investment worth Rs. 200 crore in the upcoming projects of Bengaluru based home builders organisation Total Environment Building Systems Pvt. Ltd. Present investment estimates: The Rs. 200 crore investments by Peninsula Brookfield is a structured debt in the form of non-convertible [...] Continue Reading »
The new NDA governments promise of rural infrastructure and affordable housing seems to move on a positive trend after the Union Budget 2014-15. The latest move in this regard is the sanctioning of Rs 1,023.73 crore for Orissa, by the National Bank for Agriculture and Rural Development (Nabard). Nabard has made this from its rural [...] Continue Reading »
The new tax rules seems unattractive to initiate selling of securities within 3 years. The announcement of rules regarding setting up of Real Estate Investment Trusts (REITs) is likely to spur $20 billion property development in India. Market sentiments report that unless the country’s tax code is revised, REITs may find it difficult to take [...] Continue Reading »
The rapid rise in the stock market since the new government was formed has taken the sheen off real estate, where investments have not only dropped but investors are trying to monetise their existing assets, creating a scare of price correction. While the stock market has risen by over 12 percent since May 26 when [...] Continue Reading »
Is Hyderabad facing the threat of losing its sheen as one of India’s preferred investment destinations and are investors worrying over their investments in the city after it has become capital of the country’s newest state of Telangana? Days after engineering giant L&T expressed concerns over the viability of India’s largest metro rail project coming [...] Continue Reading »
China on Thursday pledged to invest $20 billion in India over the next five years and remove barriers for Indian exporters of value-added items like pharmaceuticals and processed food to Chinese markets. China’s investment plan comes close on the heels of Japan’s Prime Minister Shinzo Abe, during Prime Minister Narendra Modi’s recent visit to that [...] Continue Reading »
World’s largest furniture retailer Ikea today said it has plans to invest Rs 12,500 crore to set up 25 stores in the country over the next decade. The new stores, each needing investment of around Rs 500 crore, will come in the cities like Mumbai, Delhi, Hyderabad and Bangalore, the Swedish furniture retailer said. Ikea [...] Continue Reading »
In a move that will come as a big relief to commuters, the government has decided to scrap toll on all highway stretches where developers have recovered their investment, highways minister Nitin Gadkari said on Monday. We cannot scrap the toll on highways that have been awarded on public private partnership model as that would [...] Continue Reading »
The overall deal activities fell drastically to $1.6 billion in value terms in August, with the Indian companies conducting 95 deals during the month. This compares with $8.39 billion in July across 110 deals, which had some large deals such as Reliance-Jaypee, Diageo-United spirits and PE deals including investment in Flipkart, according to Grant Thornton [...] 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 »
