Sri Lanka to raise $500 million via bonds
By Shihar Aneez COLOMBO: Sri Lanka aims to raise $500 million this month via development bonds and is in the process of divesting two state-owned hotels, the central bank and… Read more »
Daily Archives: January 8, 2018
ED attaches Rs 472 crore assets in PACL ponzi scam case
NEW DELHI (INDIA): The Enforcement Directorate (ED) said it has attached assets worth Rs 472 crore, including one in Australia, in connection with its money laundering probe in the PACL… Read more »
China’s Lanzhou eases property tightening measures, more cities may follow
By: Stella Qiu, Yawen Chen | Ryan Woo BEIJING: The Chinese city of Lanzhou has eased property curbs amid a nation-wide clampdown on housing speculation, raising concerns that other cities… Read more »
L&T Construction wins Rs 2,265 crore deal from Andhra Pradesh
By Sanjeeb Kumar Sahoo NEW DELHI (INDIA): The Transportation Infrastructure and Water & Effluent Treatment businesses of L&T Construction have jointly bagged three EPC orders worth Rs 2,265 Crore from… Read more »
Dallas picks Ericsson for smart cities traffic solution
NEW DELHI (INDIA): The City of Dallas has selected Ericsson to install and host an Advanced Traffic Management System (ATMS) based on Ericsson’s Connected Urban Transport solution. The city’s vision… Read more »
Is ‘Human Touch’ in Real Estate Business now Obsolete?
By Anuj Puri With the advancement of the Internet and e-commerce, the ‘human touch’ and ‘face-to-face’ interactions are on the decline. Hand-written letters and postcards have gone the way of… Read more »
Sobha’s Q3 sales bookings jump 92% to Rs 751 crore
NEW DELHI (INDIA): Realty firm Sobha Ltd’s sales bookings increased by 92 per cent to Rs 750.9 crore during the third quarter this fiscal on higher volumes and better average… Read more »