Adani wins 300 MW wind energy capacity at Rs 2.77/unit
NEW DELHI: Auctions for 1,200 MW conducted by SECI on Monday saw wind power tariffs dropping to as low as Rs 2.77 per unit, sources said. According to the sources,… Read more »
Monthly Archives: March 2021
Gurugram civic body seizes 16 properties of tax defaulters
GURUGRAM: The Municipal Corporation of Gurugram (MCG) has initiated action against property owners who are not depositing their property tax, despite the interest waiver and exemption given by the Haryana… Read more »
Jammu and Kashmir approves Rs 2 lakh interest-free loan for PMAY-U beneficiaries
JAMMU: The Jammu and Kashmir Administrative Council, which met here under the chairmanship of Lieutenant Governor Manoj Sinha, approved the proposal of the Housing and Urban Development Department to provide… Read more »
Welspun One raises Rs 300 crore to fund logistics parks
NEW DELHI: Welspun One Logistics Parks has raised over Rs 300 crore from a set of investors comprising domestic high-net-worth investors and family offices. The category II alternative investment fund… Read more »
Kotak Investment, Allianz Group tie-up for India’s private credit market
NEW DELHI: Kotak Investment Advisors (KIAL), the fund manager of Kotak Mahindra Group and Allianz Investment Management — the investment management arm of Germany’s Allianz Group — said on Monday… Read more »
ED attaches over 100 immovable assets of Sanjeevani Buildcon, its directors
NEW DELHI: The Enforcement Directorate (ED) has attached assets, including 102 immovable properties, worth over Rs 55 crore of a Jharkhand-based company, its directors and their family members who allegedly… Read more »
Sequoia-backed Stanza Living in talks to raise funds at $600 valuation
BENGALURU: Stanza Living, a managed accommodation provider in India, is in the final stages of sealing a deal to raise up to $120 million in a Series D funding round… Read more »
Hammerson posts loss of nearly $2.4 billion for 2020
BENGALURU: Hammerson lost 1.7 billion pounds ($2.4 billion) in 2020 as the coronavirus crisis knocked the value of its malls, prompting immediate asset sales and a longer-term debt warning. The… Read more »
Crisil assigns AAA rating to Rs 375 crore MLDs of Mindspace REIT
MUMBAI: Crisil has assigned an AAA rating with a stable outlook to proposed long-term principal-protected market-linked debentures (MLDs) worth Rs 375 crore of Mindspace Business Parks real estate investment trust… Read more »
DDA housing scheme 2021: 1,353 flats allotted through online draw of lots
NEW DELHI: The Delhi Development Authority (DDA) on Wednesday allotted 1,353 flats to people under a housing scheme through an online draw of lots, officials said. These flats under various… Read more »