Rajani - India Investment Property

Author Archives: Rajani

US-based hedge fund QVT Financial opposes Hirco’s restructuring

January 6, 2009 – 3:04 am

US-based hedge fund QVT Financial LP has strongly opposed Hirco Plc’s proposal to merge two Indian subsidiaries of the Hiranandani group with itself. QVT holds a minority stake in Hirco, a real estate fund floated by the Mumbai-based developer Hiranandani group in the Alternative Investment Market (AIM) of London.
Hirco has called an extra-ordinary general meeting [...]

Posted in Real Estate News | Tagged Alternative Investment Market, Developer, Egm, Favourable, Financial Windfall, General Meeting, Hedge Fund, Hirco, London, Market Aim, Merger, Minority Stake, Plc, Proposal, Qvt Financial Lp, Real Estate Fund, Resolutions, Shareholders, Subsidiaries | Comments (0)

Perfect time to innovate real estate

January 5, 2009 – 4:27 am

After a long run, Indian real estate sector has begun to show signs of slump. In fact, the present changes that Indian economy and real estate sector is going through can also been seen as the test of the resilience of the economy and our real estate sector.
In fact, real estate sector is a vital [...]

Posted in Real Estate News | Tagged Challenging Times, Economic Development In India, Forms Of Entertainment, Government Revenue, Indian Economy, Irrational Exuberance, Multiple Industries, Property Investors, Public Private Partnerships, Real Estate Sector, Retail Formats, Unskilled Workers, Urban Indians | Comments (0)

RBI works to boost up market

January 3, 2009 – 5:30 am

Unveiling the package moments after the Reserve Bank of India slashed its key policy rates, the government said it was preparing to recapitalise state-run banks to the tune of twenty thousand crore rupees over the next couple of year to ensure the banking system does not suffer from capital adequacy constraints.
Speaking on the actions, Bharat [...]

Posted in Real Estate News | Tagged Bank Of India, Banking System, Basis Points, Capital Adequacy, Cash Reserve Ratio, Crr, Finance Companies, Liquidity Support, Monetary Policy, National Housing Bank, Negative Zone, Optimistic Scenario, Repo Rate, Reserve Bank Of India, Reverse Repo, Sidbi, Slr, Term Interest | Comments (0)

Uttaranchal deserves foreign investment

January 3, 2009 – 3:08 am

Real estate of Uttaranchal is fighting for sufficient foreign investments for its development. The real estate in Dehradun is growing at a pace. It has opportunities in industry, tourism, commerce and investment. The state is crowded with lots of real estate builders, who has various township projects for state. Though, commercial and residential properties in [...]

Posted in Real Estate News | Tagged Dehradun, Foreign Investment, Foreign Investments, Government Policy, Income Tax Exemption, Investment Real Estate, Real Estate Developers, Residential Properties, Tourism Commerce, Tourist Spots, Virgin Lands | Comments (0)

ITAT ruling likely to boost redevelopment of Mumbai

January 2, 2009 – 3:52 am

From now on, tax cannot be levied on the money paid by a builder to a housing society or private individual for redevelopment of property, the Income Tax Appellate Tribunal (ITAT) has said in a recent order. The verdict is expected to give a boost to the redevelopment business in Mumbai which has over 35,000 [...]

Posted in Real Estate News | Tagged Additional Construction, Appellate Authority, Appellate Tribunal, Co Operative Society, Contentions, Fsi, General Secretary, Ghatkopar, Housing Society, Income Tax Department, Mumbai, Property Owners, Tax Matters | Comments (0)

Good Investment Year Ahead

January 1, 2009 – 1:38 am

If 2008 was the year that witnessed an unprecedented crisis of confidence, 2009 could be one of re-building confidence among market participants.
With inflation coming down, leading to lower interest rates, several blue chips are at multi-year lows and insurance companies are showing a marked shift from unit linked plans, the year is sure to throw [...]

Posted in Real Estate News | Tagged Blue Chips, Building Confidence, Cap Stocks, Debt Market, Derivatives Market, Fd Rates, Fixed Deposits, Foreign Currencies, Higher Tax Bracket, Independent Financial Planner, Individual Investors, Interest Rate Derivatives, Investment Option, Long Term Investment, Market Participants, Political Boundaries, Preferred Investment, Retail Investors, Term Investors, Unprecedented Crisis | Comments (0)

Future Group set to buy Le Marche

December 29, 2008 – 11:32 pm

Indian retail major Future Group is set to buy out Le Marche, the hypermarket business of Fu-Com Retail India. Fu-Com India was set up by Fu-Com International, UAE-based retailing partners of the $30-billion French retail group Groupe Casino.
Fu-Com International operates hypermarkets, supermarkets and convenience stores across West Asia. A person close to the development said [...]

Posted in Real Estate News | Tagged Big Bazaar, Business Sense, Care Apparel, Convenience Stores, Estate Space, Financial Details, Future Group, Group Ceo, Groupe Casino, Hypermarket, Hypermarkets, Kishore Biyani, Prime Real Estate, Retail Environment, Retail Group, Retailing Business, Venture Capital Arm, West Asia, Western Suburbs | Comments (0)

Satyam hires Merrill Lynch to review its ’strategic options’

December 29, 2008 – 3:49 am

Satyam Computer Services said that it hired investment bank DSP Merrill Lynch to review its “strategic options to enhance shareholder value,” a hint that the Indian outsourcer is looking to either be acquired or to sell a significant stake to an outside investor.
At the same time Satyam announced it hired DSP Merrill Lynch, the company [...]

Posted in Real Estate News | Tagged Allegations, Board Of Directors, Computer Services, Corporate Governance, Dsp Merrill Lynch, Infrastructure, Investment Bank, Investor Community, Merrill Lynch, Outsourcer, Share Buyback, Shareholder Value, Stake., Subcontractors, World Bank Announcement | Comments (0)

PwC acquires consulting firm ECS for Rs 42 crore

December 27, 2008 – 2:18 am

Pricewaterhousecoopers India has acquired ECS, earlier known as Eicher Consultancy Services, according to an industry executive with direct knowledge of the transaction.
PwC India paid around Rs 38-42 crore to acquire the Mumbai-based management consulting company, said the executive. In April 2007, PwC India had acquired the tax advisory practice of Ambit RSM, subsequently renamed Ambit. [...]

Posted in Real Estate News | Tagged Advisory Services, Chartered Accountancy Firm, Consultancy Services, Consulting Solutions, Ecs, Industry Executive, Management Consulting Company, Pricewaterhousecoopers, Risk Management, Rival Firm, Rsm, Services Sectors, Valuations | Comments (0)

Firms look for better resources at low packages

December 25, 2008 – 7:07 am

Unable to freely hire people like last year and forced by tough market conditions, employers are increasingly taking their pick cautiously. Companies are resorting to what they call ‘upgrading talent’ or getting better resources at existing pays or even lower packages. Recently, a large Delhi-based real estate company roped in a new CFO from a [...]

Posted in Real Estate News | Tagged Cfo, Ema Partners International, Executive Search Firm, Head Hunters, Head Hunting Firm, Hospitality, Managing Growth, Slowdown, Substantial Number, Sudarshan, Tough Market | Comments (0)

India Investment Property

Author Archives: Rajani

US-based hedge fund QVT Financial opposes Hirco’s restructuring

Perfect time to innovate real estate

RBI works to boost up market

Uttaranchal deserves foreign investment

ITAT ruling likely to boost redevelopment of Mumbai

Good Investment Year Ahead

PwC acquires consulting firm ECS for Rs 42 crore

Firms look for better resources at low packages

Property Listings

Search

Categories

Archives

Blogroll

Author Archives: Rajani

Search

Tags

Categories

Archives

Blogroll