JSW Cement capacity expansion by 2018; forms JV with Aussie company
MUMBAI (INDIA): JSW Cement, part of the USD 11 billion JSW Group, has said it plans to complete expansion of its capacity to 17 million tonnes (MT) by April 2018… Read more »
Author Archives: By TGR Team
China regulator asked to curb property firms’ fundraising: Caixin
SHANGHAI: China’s securities regulator has been instructed to curb access to bond and H-share financing by real estate firms, online financial magazine Caixin reported on Tuesday, citing sources. H-shares are… Read more »
Revenue neutral rate structure of GST to be finalised next month: Shaktikanta Das
NEW DELHI (INDIA): Asserting that the government is determined to implement GST from the next fiscal, Economic Affairs Secretary Shaktikanta Das has expressed confidence that the revenue neutral rate structure… Read more »
Varia US Properties says plans IPO Swiss exchange
By Joshua Franklin ZURICH: Varia US Properties AG, a real estate company which invests in U.S. multifamily housing, on Tuesday announced plans for an initial public offering on the Swiss… Read more »
JW Marriott debuts in Kolkata with luxury property
KOLKATA (INDIA): US-based hospitality chain JW Marriott threw open the doors of its luxury property in the metropolis — the first in the eastern region. The property, built jointly by… Read more »
Kuwaiti developer NREC says no plans for new financing
By Hadeel Al Sayegh DUBAI: Kuwait’s National Real Estate Company (NREC) in a bourse statement on Tuesday denied it plans to tap new financing. The company’s chief financial officer Shiv… Read more »
HNA Group to buy stake in Hilton in deal worth about $6.5 billion
NEW YORK: China’s HNA Group is buying an approximately 25 percent stake in hotel operator Hilton from Blackstone affiliates in a deal worth about $6.5 billion. HNA will have a… Read more »
Tata Capital to build 40 houses for tribal families
NEW DELHI (INDIA): Tata Capital, the financial services arm of the Tata Group, has joined hands with Habitat for Humanity India for building 40 new homes for tribal families in… Read more »
Nagpur city set to benefit from tax reform
By Promit Mukherjee and Tommy Wilkes MUMBAI: When Indian retailer Future Group opened a warehouse on the outskirts of Nagpur three years ago to supply its supermarkets, the building was… Read more »
Weeklong Sardar Patel Jayanti celebrations in India from October 31
NEW DELHI (INDIA): The Jayanti of the ‘Iron Man of India’ and ‘Unifier of India’ will be celebrated across the country for a week from October 31st, the birth anniversary… Read more »