Open up Eastern Expressway for public by May 31
NEW DELHI: The Supreme Court of India (SCI) today directed the National Highways Authority of India (NHAI) to throw open the Eastern Peripheral Expressway for the public by May 31,… Read more »
Daily Archives: May 10, 2018
Prices, rents fall in Dubai and Abu Dhabi in first quarter of 2018
NEW DELHI: Average apartment and villa prices softened by around 1% in Dubai in the first quarter of 2018 with higher prices villas in particularly drawing few buyers, the latest… Read more »
Dubai’s Relam Investment to invest $300 million in India
NEW DELHI: Dubai-based Relam Investment LLC today announced its entry into the Indian market with an initial commitment to invest USD 300 million in the real estate and technology sectors… Read more »
NCLT suggests IBBI review insolvency code regulations
NEW DELHI: The National Company Law Tribunal (NCLT) has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not “misused… Read more »
Manoj Gaur submits over Rs 10,000 crore revival plan for Jaypee Infratech
NEW DELHI: Jaypee group promoter Manoj Gaur made a Rs 10,000 crore offer to pay off bank loans and complete the stuck housing projects as part of plans to bring… Read more »
Blackstone to buy Gramercy Property in $7.6 billion deal
By: Aparajita Saxena | Arunima Banerjee BENGALURU: U.S. private equity firm Blackstone Group LP will buy commercial real estate manager Gramercy Property Trust in a $7.6 billion all-cash deal, the… Read more »
Supreme Court of India issues notice to Unitech on contempt plea of home buyers
NEW DELHI: The Supreme Court of India (SCI) has sought response from real estate major Unitech Ltd on a plea seeking initiation of contempt proceedings against it for alleged non-compliance… Read more »
Bank of India offers home loans at cheaper rates to customers with good credit score
NEW DELHI: Bank of India will offer preferential pricing rates to borrowers with good credit scores for home loans of Rs 30 lakh and above, the state-run lender said. Customers… Read more »
DHFL seeks SEBI nod to raise up to Rs 15,000 crore
NEW DELHI: Dewan Housing Finance has sought markets regulator SEBI’s approval to raise up to Rs 15,000 crore through debentures to support its lending activities. This NCD issuance will be… Read more »
LafargeHolcim core profit falls 13% in Q4 FY18
BY: John Revill ZURICH: LafargeHolcim reported a 13 percent fall in first-quarter earnings as the world’s largest cement maker embarks on its new strategy under new Chief Executive Jan Jenisch…. Read more »