RIL has also appointed McKinsey senior advisor Adil Zainulbhai as independent director and Network 18 Media & Investments (NW18) former promoter Raghav Bhel as a non-executive director on the NW18 Board.
The hotel chain intends to have a worldwide presence and reduce its dependence on the home market.
Dalhousie square has close to 55 historic landmarks.
India will use the services of its former diplomats in its pursuit of energy security through acquisition of oil and gas properties abroad particularly in West Asia, Africa and Central Asia.
Oil and Natural Gas Corporation, India's largest oil producer, will sign an agreement with global steel tycoon L N Mittal on Saturday for jointly hunting for overseas oil properties and energy business.
Goldman Sachs, Morgan Stanley and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.
Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.
Chinese companies who were actively pursuing business opportunities in India have adopted a wait and watch approach following the Chinese government clampdown.
Bharat Hotels Ltd, which operates hotels under brand name 'The Grand', is planning to pump in Rs 1,400 crore (Rs 14 billion) to expand its presence in India by 2008, even as it is mulling an IPO to mop up the funds.
This is the latest in a series of large office space buyouts by RMZ Corp which has created a portfolio of rent-yielding commercial assets in India.
NRI hotel entrepreneur Sant Singh Chatwal, founder-president of the $750 million Manhattan-based Hampshire Hotels and Resorts, is all set to invest $100 million in India to develop five luxury 'boutique hotels' at prime locations.
A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.
The government is mulling hiving off ONGC Videsh Ltd, India's flagship firm for overseas oil asset acquisition, from Oil and Natural Gas Corp into a separate entity to be owned jointly by public sector oil firms.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
'Today, 75 per cent of sales come from residences.'
CIDCO moves Supreme Court against Rs 1,200 cr compensation order for land parcel
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
ONGC has asked the government to enhance the financial powers of its foreign investment arm, ONGC Videsh Ltd, to $100 million from about $45 million to counter the challenge from Chinese and Malaysian firms in acquiring oil properties abroad.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
Oil and Natural Gas Corp on Tuesday said it will invest over Rs 6000 crore (Rs 60 billion) annually in acquiring oil properties abroad.
A N Shanbhag explains issues related to long-term capital gains and equity.
Indexation is a technique to adjust tax payments by employing a price index which adjusts for inflation
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
As Jagan's property attachment came on the day the poll dates were announced, the YSR chief and his supporters refuse to buy the Enforcement Directorate's claim that it was a mere coincidence. Vicky Nanjappa reports.
The ordinance has returned near absolute power of discretion in land acquisition, except in tribal areas, into the hands of the bureaucracy yet again
The Delhi high court on issued notice to BJP leader Subramanian Swamy on a batch of petitions filed by Congress President Sonia Gandhi and others in the case of alleged cheating and misappropriation of funds in acquiring ownership of the now-defunct daily National Herald.
Khattar noted that the court has not given permission to make the report of the commission public.
Asserting that organ donation is an important issue, Prime Minister Narendra Modi on Sunday praised Tamil Nadu for their leading endeavours in this regard while praising the other states for their initiatives towards the cause.
The $385 million acquisition of TEN Sports is set to make Sony Pictures Networks a major cricket broadcaster in Asia as it seeks to expand its Twenty20-dominated portfolio. Sony Corp-owned SPN holds broadcast rights for the annual cash-rich Indian Premier League Twenty20 cricket tournament while also having the rights for the domestic leagues in South Africa and the West Indies.
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
The government on Thursday clarified that black money declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
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While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
Multiplex chains are rushing to smaller towns
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
