Tag Archives: india

Terror impact is a temporary setback

November 29, 2008 – 12:06 am

Rating agencies and foreign investors do not see any impact on the prospects of the economy because of terror attacks in the financial capital. The meltdown in the global financial markets is still a larger concern.
Past experience has shown that markets have reacted only temporarily to such extraordinary events. Although some reports do not make [...]

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DLF freezes projects

November 18, 2008 – 4:34 am

The liquidity squeeze-induced slump in demand has forced real estate leader DLF to fire some employees, put a number of hotel and housing projects on hold and yearn for 7% home loan rates.
“We must have laid off some employees somewhere,” DLF Chairman K P Singh told reporters on the sidelines of India Economic Summit, but [...]

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Chidambaram asks US, Europe to ’set their house in order’

November 15, 2008 – 4:59 am

Finance Minister P Chidambaram has asked the US and Europe to “set their house in order” to reverse the impact of the financial crisis on economies worldwide and help capital to flow back to developing nations.
“If they (US and Europe) set their house in order, surely capital will flow back to developing countries credit will [...]

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Barwa enters Indian real estate market

November 12, 2008 – 7:11 am

The Barwa Real Estate and Sun Group, a leading investor and private equity fund manager in India have entered into a joint venture agreement to explore the Indian real estate market.
Sun Group and Barwa have proposed to form a 50:50 joint venture company to be named as Sun-Barwa Land. The new company will seek approval [...]

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Attention turns to rental real estate market

October 31, 2008 – 6:01 am

Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts.
Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead.
More recent data from the company shows demand for property in Hyderabad declined by 11% to [...]

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Choice Hotels To Invest Rs 1500 Crore

October 15, 2008 – 7:53 am

Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, [...]

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Big Bazaar Targeting Network Of 145 Stores By June 2009

September 5, 2008 – 3:41 am

Retail chain Big Bazaar plans to open 15 more stores by November end, some of them in new markets, at an investment of Rs 1,500-1,600 crore.
With this, Big Bazaar, a subsidiary of the Kishore Biyani-spearheaded Pantaloon Group, will have 112 stores pan-India by November, a top company official said.
Big Bazaar is targeting a network of [...]

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Investors From China and India Take More Risks

September 1, 2008 – 5:51 am

Investors in rising markets such as China and India have a much greater desire for risky investments than their counterparts in developed markets, new research has shown.
Wealthy investors in developing nations are more likely to increase the level of risk to their portfolio, with 43% of those in the United Arab Emirates, which contains Dubai, [...]

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Red Fort Capital Joined Hands With Godrej Properties

July 30, 2008 – 6:30 am

Red Fort Capital, a private equity fund focused on real estate development, is in advance stages of negotiations with six developers for an equal number of projects worth Rs 4,000 crore in the metros across India.
The PE fund joined hands with Godrej Properties to develop an IT park in Kolkata, where Red Fort Capital has [...]

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