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As home deals are down to a trickle, most are looking at life beyond broking.
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Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
Real estate loans could become NPAs for banks.
Commercial papers, certificates of deposit also dry up
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Entities reluctant to get into new segment till settlement and margin issues are addressed
Approaches Morgan Stanley, GIC and Blackstone
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
Public general insurance companies to collaborate for speedy settlement of claims
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
Realty plans hit roadblock; delay could hit modernisation
The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.
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