The board of diversified group Piramal Enterprises has approved a proposal to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. At… Read more »
NEW DELHI (INDIA): Indiabulls Real Estate has given exit to ILFS Fund from its housing project in Mumbai by acquiring 10 % stake for Rs 358 crore. Mumbai-based developer now… Read more »
By Anuj Puri, Chairman – ANAROCK Property Consultants The switchover to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India. From July 1 2017, GST… Read more »
MEERUT (INDIA): Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory… Read more »
By: Anshuman Daga SINGAPORE: U.S. private equity group Blackstone Group LLP agreed to buy Singapore-listed and Japan-focused Croesus Retail Trust (CRT) for S$900.6 million ($650 million), part of an trend… Read more »
By: Alastair Sharp TORONTO: The new owner of a Trump-branded hotel in downtown Toronto said on Tuesday that it had struck a deal with Trump Hotels to buy out its… Read more »
HYDERABAD (INDIA):Kerala government is investing about Rs 50,000 crore on infrastructure projects this year to enhance job opportunities for the youth, state Finance Minister Thomas Issac said here. Noting that… Read more »
NEW DELHI (INDIA): Dwarka Expressway’s wait has finally come to an end. The National Highway Authority of India (NHAI) has issued a notification which grants the national highway status to… Read more »
LUCKNOW (INDIA): The Allahabad High Court today quashed the Uttar Pradesh government order removing six nominated members of the Shia Waqf Board. A vacation bench comprising justice Rajan Roy and… Read more »
MUMBAI (INDIA): The affordable housing finance segment is likely to grow to Rs 6 trillion in size in the next four years from Rs 1.5 trillion now, India Ratings said… Read more »