Mahindra & Mahindra (M&M) has decided to go slow on its world city project in Bengal. The conglomerate, with interests ranging from automobile and real estate to IT, financial services and infrastructure, had planned to invest Rs 4,000 crore in Bengal over the next few years to develop the 100-acre IT special economic zone (SEZ) […]
Tag: Conglomerate
Sistema Will Invest In Hospitality Sector In India
May 1, 2008 – 7:48 am
Kolkata, April 30:- Mr Alexander A. Chinyaev, the chief representative in India of Sistema said that after venturing into the Indian telecom business, Russian conglomerate Sistema is now planning to tap the real estate and hospitality industries in India. The London Stock Exchange-listed public sector company is looking at investing an estimated eight hundred crore […]
Indiabulls in Pounds 138m Aim Deal
March 3, 2008 – 5:36 am
In the biggest deal of its type, Mumbai-listed real estate company Indiabulls will make an all-share offer for Aim-listed Dev Property Development. It will be the first time that a deal of this size – Pounds 138 million – will be financed in the UK entirely by Indian shares. Indiabulls is a property and financial […]
Singapore Realty Developer plans to tap Indian Market
February 29, 2008 – 7:32 am
Singapore’s largest private property developer, the $4-billion Far East Organization, is keen to get a toehold in India. The Singapore conglomerate is talking to prospective Indian partners for its proposed foray in the booming realty market, especially in major metros like Delhi, Mumbai, Kolkata and Chennai. Mr.Chia Boon Kuah, executive director, said “We are talking […]
Sistema is now planning to invest in India real estate
February 13, 2008 – 12:06 am
NEW DELHI, Feb 12. Russian services conglomerate Sistema will enter the real estate business in India, a top company official said on Tuesday. The firm will bring its real-estate business Sistema-Hals to India, and will look at opportunities around the national capital of New Delhi, Goncharuk said. “We are entering real estate … We might […]
