W Hotels eyes its first property in India in November
NEW DELHI (INDIA): W Hotels Worldwide plans to open its first hotel in India, W Goa, in early November, as it seeks to expand its global portfolio to 75 properties… Read more »
Author Archives: By TGR Team
100% rural electrification to be achieved by 2017: India
NEW DELHI (INDIA): The two-day Conference of State Power, New & Renewable Energy & Mines Ministers concluded in Vadodara, Gujarat today. It was attended by Ministers and senior Officials from… Read more »
Mara Delta to buy $40m coastal resort in Mauritius
BY ALISTAIR ANDERSON MARA Delta has concluded its first hospitality deal, acquiring the Tamassa Resort, located in Bel Ombre on the southwestern coast of Mauritius, through a sale and leaseback… Read more »
Rajesh Lifespaces raises Rs 100 crore from Altico Capital
NEW DELHI (INDIA): Realty developer Rajesh Lifespaces has raised Rs 100 crore from Altico Capital, a non-banking finance company (NBFC), for a residential project. “Rajesh Lifespaces raised Rs 100 crore… Read more »
China property bubble could cost banks $600 billion in bad debts
By Lianting Tu China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 per… Read more »
Three more Chinese cities set new curbs on home-buying to prevent bubble
BY Clare Jim HONG KONG: Two cities in China’s southern Guangdong province and the southeast city of Fuzhou imposed new home buying restrictions on Thursday aimed at preventing a property… Read more »
Maharashtra becomes 17th State to join UDAY: an overall net benefit of Rs. 9725 crore to accrue to State
NEW DELHI (INDIA): Government of India signed a Memorandum of Understanding (MOU) with Government of Maharashtra and Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) under the Ujwal DISCOM Assurance Yojana… Read more »
Odisha government to give land to states to build guest houses in Puri
BHUBANESWAR (INDIA): In a bid to attract more domestic tourists to the state, the Odisha government has decided to provide land and other infrastructure to other state governments to build… Read more »
SPV to be soon set for Thane Smart City project: Municipal commissioner
THANE (INDIA): A Special Purpose Vehicle (SPV) will be set up soon by the government to facilitate Thane become a Smart City, Thane Municipal Commissioner Sanjeev Jaiswal said. Thane was… Read more »
Canara Bank, Indian Bank and Kotak Mahindra Bank cut lending rates by up to 0.1%
NEW DELHI (INDIA): State-owned Canara Bank, Indian Bank and private sector Kotak Mahindra Bank on Thursday cut lending rates by up to 0.1 per cent, following the 0.25 per cent… Read more »