Tag Archives: ICICI Bank

ICICI Venture will sell its 50 % stake in TSI Ventures

July 18, 2008 – 7:49 am

Private equity firm ICICI Venture, a division of ICICI Bank on 4th July said it has arrived at an agreement with Tishman Speyer to sell its stake in their real estate joint venture to the US firm.
ICICI Venture will sell its 50 % stake in TSI Ventures India Pvt Ltd, a real estate JV company, [...]

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Realty stocks gain ground

April 29, 2008 – 5:49 am

Realty stocks, which opened on a subdued note this morning, are among the prominent gainers in afternoon trade. Mirroring investor interest for these stocks, the BSE Realty index has spurted 3.7% now. Sector heavyweight DLF has gained nearly 7% at Rs 715.
Unitech, a Nifty component, has posted a gain of 4.6%. Penland, HDIL, Sobha Developers, [...]

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Rs 1,000 cr via third fund will be raised by Indiareit

April 22, 2008 – 4:31 am

Indiareit Fund Advisors, the Ajay Piramal-promoted real estate investment fund, is planning to introduce its third domestic fund to raise Rs 1,000 crore.
Talking to DNA Money, Ramesh Jogani, the fund’s CEO and MD, confirmed the development but did not disclosed details.
Jogani said, “In the subsequent two years we will introduce our fourth domestic fund. We [...]

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