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.
In the wake of the attack by Naxal in Chhattisgarh, killing 28 people, including political leaders and security forces, R R Patil, home minister of Maharashtra, talks to Sanjay Jog on what is to be done.
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.
Officials of the state urban development ministry confirmed the development to Business Standard on Monday after a meeting between Chavan, City and Industrial Development Corporation Vice-Chairman and Managing Director Sanjay Bhatia and other government officials.
Developers and consultants said even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment.
Bank issues public notice with photograph in Reid & Taylor default case.
To join 'Big Bazaar Profit Club', a customer has to pay Rs 10,000, after which he can shop for Rs 1,000 a month for 12 months.
CAG says Rs 43,270.01 cr was spent by the water resources department on 426 incomplete projects.
The traders' decision to stand by their threat comes despite Chief Minister Prithviraj Chavan's announcement last week that the government was considering an increase in the minimum-income criterion for registration for LBT from Rs 100,000.
Even as Maharashtra faces one of the worst droughts in its history, the lack of attention towards all crops grown in the state, as well as numerous project delays, shows poor long-term planning by the government contributed to the current state of affairs.
At Rs 340 a square feet a month, the nine-year pact is among the costliest.
MahaVitaran, which draws 95 per cent of the power from the project, has started drawing power at Rs 4 per unit.
The regulatory body has said Adani's power purchase agreements with Gujarat and Haryana would be maintained.
The company's total debt is Rs 5,500 crore (Rs 55 billion) as of December 31, 2012.
According to the 18th Electric Power Survey conducted by the Central Electricity Authority , the mega cities with population above two million, apart from Delhi, are Mumbai, Kolkata, Chennai, Hyderabad, Bangalore, Pune, Ahmedabad, Surat, Kanpur, Lucknow, Jaipur, Nagpur and Indore.
Tesco, which has a franchise agreement with Trent Hypermarkets for the latter's back-end operations, is believed to be interested in investing in those hypermarkets
FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year.
To operate large wholesale markets and imports.
The trigger is UPSC's new exam pattern, entrance exams in PSU banks and undertakings, says Sanjay Jog
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