Alexandria to invest Rs 500 cr on BT park
US-based real estate developer Alexandria’s Indian arm — Alexandria Real Estate Equities Inc is planning to invest around Rs.500 crore to develop a biotechnology park in Bangalore.
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DB group drags Etisalat to CLB
The DB group, Etisalat’s partner in India, has moved the Company Law Board (CLB) against the UAE-based company.
Shipra Group appoints Manik Dhodi as Vice-President, Retail and Hotels
Shipra Group has appointed Manik Dhodi as their Vice President, Retail and Hotels. Manik has been associated with Shipra Group since June 2009 as Head – Mall Operations.
SC rejects Sahara plea to issue notice to govt on OFCD issue
The Supreme Court today, July8, rejected the Sahara Group’s plea to issue a notice to the government in connection to its dispute with market regulator SEBI.
SC to hear Sahara plea against SEBI order today
The Supreme Court will today hear the Sahara group firm’s plea against the SEBI order to return the money, along with 15 per cent interest, collected from investors through its Optionally Fully Convertible Debentures scheme.
Unitech ramping up retail business to invest Rs. 2,000 cr
Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
Tips on buying into an under-construction project
The primary advantage would be that an under-construction property will invariably come cheaper than a ready-for-possession property.
UK’s Whitbread to invest Rs 535 cr on hotels in India by 2020
UK-based hospitality firm Whitbread today said it will invest 75 million pounds (over Rs 535 crore) in India by 2020 to fund its hotels business in the country.
DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
NHB finds fall in property prices in seven cities
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank.