Media
Mexican multiplex chain Cinepolis is scouting for acquisitions in India as it looks to expand presence in the country with a target of having over 400 screens by the end of 2017. The company that is eyeing presence in top 40 cities in India has already stated that it expects the country to account for [...] Continue Reading »
Seeking to streamline the foreign investment regime, the commerce and industry ministry has proposed to introduce a composite cap which will include FDI (Foreign Direct Investment), FII (Foreign Institutional Investment) and other instruments in various sectors. In a draft cabinet note, which was circulated for inter-ministerial consultations, the DIPP (Department of Industrial Policy and Promotion) [...] Continue Reading »
With a contribution of approximately 5 percent to India’s total GDP, Mumbai – the ‘Maximum City’ – is a dynamic metropolitan which is expected to witness further growth in the coming 7-year period. Mumbai’s growth over the next few years will largely be driven by the fact that the city’s prominent growth sectors – including [...] Continue Reading »
Hinduja Group today said it would invest a billion dollars (about Rs 6,200 crore) across sectors like real estate and media in the country. He told reporters here on the sidelines of Auto India, “We are looking for various opportunities. Recession is the time when you can break opportunities to invest.” He further added, “We [...] Continue Reading »
Bangalore- An RTI activist’s queries revealed that Bangalore Development Authority (BDA) has to recover rental dues of over Rs 15 crore from the shops and office spaces it had leased out in its 15 shopping complexes in the city. Several media copies of documents obtained through RTI were released on Tuesday by the activist, BM [...] Continue Reading »
The Haryana Urban Development Authority (Huda) has decided to repair the roads in Gurgoan sectors 5, 18 and 21, 22 and 23. This decision was a much awaited one! Only after making this news public through media, the authority came to this decision. The condition of roads are desperate that the residents life commuting in [...] Continue Reading »
