In the first 10 months of CY07, Indian firms received orders worth Rs 128,147 crore.
Wachovia, one of the largest banks in the US, with an asset base of more than $700 billion, is set to diversify in India.
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.
The real estate major plans to bid for upcoming airport modernisation contracts with foreign partner.
If things go as planned, Navi Mumbai will emerge as one of the most accessible areas in the city of Mumbai and prices on its Palm Beach Road will be close to the city's famous Marine Drive some years down the line.
The critics of opening up the economy are wrong: allowing private sector in more areas strengthens the system.
The initial public offer of real estate developer Housing Development and Infrastructure Ltd, expected to garner about Rs 1,485 crore (Rs 14.85 billion), remained under-subscribed on the first day on Thursday.
Mumbai-based real estate developer, Royal Palms, is developing Mumbai's first Gem & Jewellery Special Economic Zones on a private land at an expenditure of Rs 400 crore.
According to BS research, this makes K P Singh the fourth richest Indian by today's market capitalisation, after Mukesh Ambani, Anil Ambani and Sunil Mittal. He overtakes Wipro's Azim Premji, who ranks immediately after him.
Four years after delisting its shares from the Delhi Stock Exchange, real estate behemoth DLF is knocking at the capital market again selling shares at - hold your breath - 837 times the valuation at which it exited the stock market. Should you buy?
Dev Chatterjee & Raghavendra Kamath in Mumbai
Leading real estate developer DLF Ltd, which is aiming to raise up to Rs 9,625 crore (Rs 96.25 billion) through its initial public offer, plans to set up three townships in Chandigarh and its suburbs and Shimla.
Real estate developer Unitech Ltd is bringing the super-luxury chain of hotels, Ritz Carlton, to Kolkata's Royal Calcutta Golf Club.
However, the RBI declined to share details of action being taken on these fraud cases saying "it is not readily available".
Real estate developer Today Homes and Infrastructure Private Ltd will invest about Rs 1,000 crore (Rs 10 billion) to set up shopping malls and multiplexes in the state.
We gauge the Pune market and finds that real estate developers are queuing up for a slice of India's next boom town.
Aamir Khan introduces his friends to PK.
With the prime minister having cleared 5,378 acres of salt-pan land in Mumbai to rehabilitate slum dwellers, a lot of land is due to turn free for development. But it is not clear how the land will be allocated or who will develop it.
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.
Earlier, CBI had arrested Salem soon after his extradition on November 11 in the 1993 bomb blast case.
With demand for dwelling units slated to grow to 80 million for the lower middle and low income groups, involving an estimated investment of $670 billion, the housing sector will see four million new jobs by 2015.
All real estate developers may not be able to avail the benefit of Reserve Bank of India's one-time restructuring scheme as they might not meet the required financial ratios and have the necessary credit rating, HDFC vice chairman and CEO Keki Mistry said. He was speaking at a real estate and infrastructure investor summit organised by Naredco. "Restructuring may not necessarily help every developer because not too many will be able to meet the criteria laid down in terms of meeting the various ratios and getting credit ratings," Mistry said.
Zee had made a bid of US $219.15 million for five years, during which they will telecast India's overseas cricket series.
Realty firms and consultants hoped however that this would be the last round of monetary tightening by the central bank.
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