Shriram Properties raise 1500 crore
Arvind Mills was a known name in the apparel and retail industry and its brands like Flying Machine and Excalibur were well respected in the market. After launching apparel hubs known as ‘’Megamart’’ the group continued doing well. However it seems that Modinomics has created a positive vibe in the market and everyone is expecting [...] Continue Reading »
The real estate arm of the Rs 60,000 crore Shriram Group, Shriram Properties, is planning to raise around Rs 1,000-1,500 crore equity. The company is in discussions with four PE funds, and the money is likely to be raised by end of next month. M Murali, managing director, Shriram Properties informs that the land bank [...] Continue Reading »
