Tag: Company

DLF Plans Rs 800 Crore Fund For Construction Push

DLF is looking at setting up a Rs 800-crore venture capital (VC) fund with a mandate to invest in companies engaged in equipment management and construction activity. This is being seen as a strategic move by DLF to support its rapidly expanding construction activity. The Delhi-based firm has filed the documents with market regulator SEBI […]

Rakindo Plan To Set Up $250-m Arm May Get Okay

Chennai-based real estate developer Rakindo Developers’ proposal to set up a wholly owned subsidiary with $250-million FDI from Dubai-based Rakeen Development is expected to get Cabinet clearance on Thursday. Rakindo has plans of building a $1.5-billion (Rs 6,000- crore) integrated township at Coimbatore which will be ready for launch after the CCEA clears the FDI […]

DLF Setting Up JV Company With Italian Major Piquadro

Real estate developer DLF is learnt to be setting up a joint venture company with Italian leather and luggage accessory major Piquadro to hawk its products in India. This is part of the real estate major’s retail strategy to bring in some of the world’s leading premium brands across categories into the country.