At the young age of 15, Wang joined the People's Liberation Army as a guard.
Real estate developer BPTP Group has won the right to develop 94 acres of commercial land at Noida for Rs 5,006 crore. Country's largest realty company DLF and Omaxe were the other contenders. BPTP's winning bid was nearly 70 per cent more than the reserve price of Rs 2960 crore for the land parcel. The commercial complex at Noida will cater to the shoppers living along and commuting via the expressway. BPTP recently bought a 30 acres plot at Hyderabad for about Rs 666 crore.
The new law would boost home buyer confidence as well as investment in the realty sector.
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.
Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
13 companies have submitted more than 230 applications for telecom licences and most of these are for a pan-India UASL. DLF and Omaxe join other real estate firms Indiabulls Real Estate, Unitech and Parsvnath Developers to apply for telecom licence.
It is raining private equity funds in the logistics and warehousing space.
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
JLL had shortlisted over 10 developers and Embassy was selected after a long due and rigorous process of due diligence.
Realty major DLF and Bharat Hotels, owners of The Grand group of hotels, are working towards a joint venture for developing and running hotels. While DLF will own the land and be in charge of the actual construction of hotels, the latter will operate
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Rajkot-based bullion trader Pankaj Lodhya, who has been named by the Centre in an affidavit filed before the Supreme Court in the black money case, on Monday denied having a foreign bank account and said he was shocked to find his name in the list.
After selling land in Gurgaon for Rs 1,211 crore recently, the Sahara group is believed to have finalised two more realty deals, one in Mumbai and another in Jodhpur, for Rs 1,250 crore.
The central agency had prayed for 10 days custody of the accused, but the court granted a week.
This alliance is also planning to tap the infrastructure sector covering express highways, airports and hi-tech construction involving power plants and mega projects.
Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
The real estate sector is set to enter a progressive phase in 2015.
Financial planners advise against putting capital to work by anticipating what might go up or down.
Net sales of the company rose to 18,974.75 crore (Rs 189.74 billion) compared to 17,241.14 crore (Rs 172.41 billion).
Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.
Senior advocate Rajeev Dhawan, appearing for Sahara, sought release of Sahara chief Subrata Roy on the ground of his "deteriorating" health and the fact that market regulator Sebi has already been authorised to sell 66 properties
CPPIB is looking to partner with RMZ because the latter is aggressive on both new developments and acquisitions.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
"India will be home to a fifth of humanity, its economy 16 times bigger than today, and one of the world's largest consumer markets. India will be a world better in many areas"
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
Grosvenor House hotel was put on sale by its lender Bank of China earlier this year after a 'technical default'
The company plans to raise Rs 750 crore; other realtors may follow.
It is one of the three marquee hotels owned by Sahara outside India.
Infrastructure and real estate prominently feature as wealth destroyers.
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy.
Hilton has also hired Mallika Rao Bedi, former head of human resources at Oberoi and Trident Gurugram, as its regional head of human resources (Asia Pacific).
The bosses of SBI, Union Bank and Central Bank have been driving down to their offices everyday to take stock of the biggest loan drive ever undertaken for MSMEs, discovers Tamal Bandyopadhyay.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
There has been a lot of concern in the FMCG industry after Patanjali's revenues crossed Rs 5,000 crore, on the back of an increased focus on health following the ban on Maggi noodles.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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