Wealthy Indians are increasingly looking at land as a preferred investment avenue as volatile markets limit their options of asset classes. About 48% of the high net worth individuals (HNIs), both in India and abroad, with investable assets ranging from 500,000 pounds to 30 million pounds (Rs 4 crore – Rs 240 crore), is looking […]
Tag: Northern India
Cement Companies Transform Product Mix
September 3, 2008 – 9:30 am
With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in real estate projects. Shree Cement managing director HM Bangur, who runs the largest […]
SEZ In Gurgaon By Raheja Developers
August 26, 2008 – 4:55 am
Realty firm Raheja Developers said it would invest about four thousan five hundred crore rupees to develop an engineering SEZ in Gurgaon over the next three to five years. This project, which is expected to create job opportunities for around fifty thousand people (including both direct and indirect) is said to have a potential to […]
Anant Raj Expects 40% Profit In Fiscal Year 09
July 28, 2008 – 7:55 am
Anant Raj Industries Ltd expects profit for the year ending March 2009 to rise 30% to 40%, helped by sales of two residential projects and robust rental income. The real-estate firm, which has most of its projects in northern India, has said it will focus on growing income from rentals. The firm reported a profit […]
