The New York-based Citigroup Property Investors will invest up to $120 million in Bangalore-based Nitesh Estates' luxury hotels.
The proposed company could rope in former CEO of Star TV Peter Mukerjea and Mukesh Ambani.
The demand comes close on the heels of Community, which represents more than 80 per cent of the company's UK employees, seeking talks with the Tata group
Follow Anil Ambani group and Lanco for asset valuation.
Meet Arunkumar Ramanlal Gandhi. The head of the M&A activities in the Tata Group, who called up Tata to convey Tata Steel's victory.
Six weeks after Lanco Infratech and Globeleq won the Rs 16,000-crore (Rs 160 billion) Sasan ultra mega power project, the Hyderabad-based company is planning to buy out its 70 per cent foreign partner.
Tata Steel's global footprint is spreading at a furious pace.
What could a mall in Ahmedabad, an office complex in Hyderabad and a residential township in Baroda have in common?
Board has right to reject takeover panel's choice.
Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.
Now, banks stop giving in-principle loan sanctions on central bank directive.
The Hinduja group says it will bid for Italian tyre and real estate major Pirelli's stake in Telecom Italia only if the acquisition gives it management control in Italy's largest telecommunications operator.
The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol
This will be the largest M&A by an Indian firm, to be complete by January-end.
Pune, Dehradun, Goa and Kerala are fast emerging as preferred destinations for the retired and would-be retirees.
In a bid to enter India's booming petroleum sector, the Hinduja group has entered into a joint venture agreement with Oil and Natural Gas Corporation
India's east coast is emerging as one of the hydrocarbon hotspots in the world with 100 trillion cubic feet of gas and two billion barrels of oil in place.
Amtek Auto is renewing its bid to acquire JL French Automotive Casting's Whitham plant in Essex in the UK, six months after its first abortive attempt.
The JV will plough the funds into its property development biz in India.
The Tata group may take on global automobile giants such as Ford and Renault-Nissan for in an attempt to buy Daewoo Automobile Romania, the privatisation of which the Romanian government has put on the fast track.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances