Investment
RBI (Reserve Bank of India)issued a directive on Tuesday that the Infrastructure bonds issued by the banks will have a minimum maturity period of seven years and will not be considered a part of the their net demand and time liabilities (NDTL). RBI also gave the authority to the banks to issue these rupee-denominated bonds [...] Continue Reading »
A team of global investors from the Silicon Valley of the US has assured the Odisha government an investment of $300 million to promote Information Technology (IT) and Electronic System Design and Manufacturing (ESDM) units at the proposed Info-valleyIT park on the outskirts of Bhubaneshwar. Odisha is the first state in India to tie up with Silicon Valley. This [...] Continue Reading »
Shri Kailash Logistics Limited (SKLL) is well on its way to execute its broad expansion plans. They’re in talks with a couple of PE players to raise the necessary resources for expansion. SKLL’s motivation for this is simple – they want to quickly establish themselves among the very best in logistics in India. SKLL’s immediate [...] Continue Reading »
‘’Celebrating Relationships’’ is the tagline of the Kochi based Asset Homes. In line with that they will launch 7 new projects in seven cities across Kerala to mark the 7th anniversary of the company. With the swearing in of the new government, the real estate sector is expecting to see an upward trend and the [...] Continue Reading »
The Modi government wants to improve ties with Japan, and wants to encourage cross-border trade and investment. However Japan is demanding some policy changes and concessions in the areas of taxation and expansion of its banks in India. Japanese Industrial Clusters Sources said that the country of rising sun is waiting for a faster execution of [...] Continue Reading »
According to recent news, foreign investment is about to double up since the overseas investors have shown great confidence in the new government coming to power. There are huge expectations from Modi’s regime. Development of the economy and brilliant reforms are some of them. The foreign investment inflows are about to replace last year’s figure. [...] Continue Reading »
The private equity real estate arm of the global investment firm Xander Group has invested Rs 370 crore in Kapstone Constructions. It is the It is the group company of Mumbai-based developer Rustomjee. The money raised will be used for reducing debt burden and for further growth of the Rustomjee group. Boman Irani, Chairman, Rustomjee, [...] Continue Reading »
Nearly 90% of the investments in large projects, which were held up and have now been cleared, have materialized, suggests the initial numbers flowing into the cabinet secretariat. An analysis by the Project Monitoring Group (PMG) housed in the cabinet secretariat of the 113 projects cleared shows that Rs 3.3 lakh crore has already been [...] Continue Reading »
According to an Assocham report, Maharashtra replacing Gujarat has appeared to be the number one investment destination in the country. An analysis by the industry group illustrated, as on December 2013 Maharashtra attracted investment proposals of Rs 14,73,466 crore cumulatively, while Gujarat drew proposals worth Rs 13,98,347 crore. The state’s focus on development of industrial [...] Continue Reading »
Housing finance was viewed by banks as one of the safest avenues for lending. Banks that had got into the act early on, in competition with the specialised housing finance companies that started the business, were handsomely rewarded with a very positive risk-reward profile for several years. As the sector expanded, though, many of these [...] Continue Reading »
