Investments
The ban on DLF made by SEBI from accessing the Capital market for 3 years has been opposed and an appeal has been filed against it by the top executives of DLF India Ltd. The appeal has been made to the Securities Appellate Tribunal (SAT) on 11th November. What the appeal was about: The appeal [...] Continue Reading »
The financial year 2014-15 is the year noted for several remarkable private equity exits via IPO routes. With Monte Carlo Fashions, a renowned private equity-backed company received regulatory clearances for IPO, 6 similar moves expected to happen very close this year, to make the current fiscal ranking highest among the past 3 years for the [...] Continue Reading »
Business chambers of India and Japan have formed groups to focus on specific sectors like infrastructure, energy and skill development. This move was taken anticipating that it will enhance bilateral trade. They are working towards removal of any bottlenecks by talking to the respective governments. The decision was taken during a meeting of the Japan- [...] Continue Reading »
After having made investments in average capital value appreciations in the past, Infosys co-founder NR Narayana Murthy’s family office Catamaran Ventures – which manages a portion of Murthy’s wealth – has now made investments is the realty sector. According to the details shared by unidentified sources familiar with the development, Catamaran Ventures has forayed into [...] Continue Reading »
Investments to the tune of more than $2 trillion would be required by 2022 to create a stock of over 110 million housing units. This will help the government to achieve the target of “housing for all” by 2022. National Real Estate Development Council (NAREDCO) President Sunil Mantri stated that there is already a huge [...] Continue Reading »
Since the market sentiment has improved in the real estate, many property funds are exiting out of the existing investments after mopping up a handsome return. HDFC Property Fund, backed by Housing Development Finance Corp. Ltd, plans to exit four of its investments made from its offshore fund portfolio by the end of this year [...] Continue Reading »
Property consultant, CBRE stated that the leasing activity for official purposes is being expected to see any rise until next year however the sentiments of people involved in the real estate sector is seeing improvement. However the market representatives hope that by the start of next year the prospect in this market will improve in [...] Continue Reading »
$ 80 million (about Rs 468 crore) was invested by a private equity (PE) fund owned by Tata Capital, in South India-focussed realty firm, Shriram Properties. Tata Opportunities Fund Managing Partner Padmanabh Sinha stated that the company believes that the residential real estate market, particularly mid-market housing, should see high growth. Due to increasing urbanisation, changing demographics [...] Continue Reading »
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
As per the Economic Survey report, fresh investments have slowed down in SEZs in the recent years. The report has urged the government to give clear signal to revive the special economic zones (SEZ). The SEZs were major export and manufacturing hubs, and every company wanted to open their units in SEZs. However in the recent [...] Continue Reading »
