SEBI moves apex court on Sahara
The Securities and Exchange Board of India (SEBI) has filed a caveat in the Supreme Court claiming that any petition on its ongoing case against two Sahara group entities cannot be decided without its knowledge.
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SEBI issues public notice alerting against Sahara Group
Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday issued a public notice alerting investors about a ban on money mobilization by two Sahara group firms.
CREDAI to train unskilled labourers in 10 cities
As part of its social obligations, CREDAI (Confederation of Real Estate Developers’ Association of India) is planning to train unskilled labourers from 10 select cities in the country, with the assistance of National Skilled Development Corporation (NSDC).
Sahara defy SEBI ban
Sahara Housing Investment Corp. Ltd and Sahara India Real Estate Corp. Ltd, two firms that are part of the diversified Sahara India Pariwar group, continue to raise money from the public, defying a ban on such activity by capital market regulator Securities and Exchange Board of India (SEBI).
Siemens in talks with Nitesh, Hiranandani for land sell
Siemens is now in talks with developers Hiranandani Upscale and Nitesh Estates after its proposed sale of an eight-acre factory land in Bangalore to RMZ Corp missed deadline, said sources close to the development.
Role of HR in real estate sector
Real estate traditionally has always had the perception of being a sector where ‘land & buildings’ was the language required and ‘people skills’ were of no great relevance. But, now, even big Real estate players are soon beginning to understand the importance of effective ‘client servicing’, enhanced ‘team productivity’ and professional ‘managerial skills’.
CBDs losing sheen to PBDs
Central Business Districts (CBDs) are supposed to be the lifeline of the city and a mirror of the economic activity and real estate market trend.
Commercial space demand in India to touch 160 mn sq ft by ’14
Demand for commercial office space across the seven major cities in India is estimated at around 160 mn sq ft by 2014, a latest study by real-estate services firm Cushman and Wakefield Research (CWR) said.
Jones Lang LaSalle enters South Africa with acquisition
Real estate and investment management services provider Jones Lang Lasalle Inc. on Thursday announced its foray into South Africa with the acquisition of corporate property service provider, Bradford McCormack & Associates for an undisclosed amount.
Hyatt not worried with DB Realty’s scam
Hyatt Hotels Corporation, one of the world’s biggest hotel chains, is not worried with the DB Realty’s scam. The Chicago-headquartered group is going ahead with plans of opening five hotels with the Mumbai-based DB Group.