Tag: Memorandum Of Understanding

Growth may slow down

MUSCAT:Prime Minister Manmohan Singh on Sunday conceded that economic growth may slow down “somewhat” next year but said the fundamentals of the economy were strong and the banking system was safe and sound. Addressing the Indian diaspora and the business community at two functions on the second day of his two-nation tour, the Prime Minister […]

NBCC To Develop 38-Acre Township At Mozakulai Near Howrah

Burn Standard Company Ltd is looking to raise funds by unlocking the value of its real estate property in Alipore. The land, which National Buildings Construction Corporation Ltd (NBCC) is set to buy at the current market rate, will be valued by an independent agency. NBCC plans to develop the plot for a premium housing […]

Mahindra Decides To Be Slow On Bengal SEZ Project

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) […]

IPSL Signs MOU With Jharkhand

Indiabulls Power Services (IPSL), a subsidiary of Indiabulls Real Estate, has entered into a memorandum of understanding (MoU) with the Jharkhand government for setting up of 1,320 mega watt (MW) power project, a statement sent to the Bombay Stock Exchange said. In terms of the MoU, government of Jharkhand shall facilitate and extend all assistance […]