Unable to freely hire people like last year and forced by tough market conditions, employers are increasingly taking their pick cautiously. Companies are resorting to what they call ‘upgrading talent’ or getting better resources at existing pays or even lower packages. Recently, a large Delhi-based real estate company roped in a new CFO from a […]
Tag: Slowdown
No slowdown in realty projects
November 17, 2008 – 5:37 am
Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand. “We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well,” Mahindra and Mahindra Ltd Executive Mr […]
Core sectors show sharp dip in growth
November 8, 2008 – 1:38 am
A day after data on direct tax collections indicated dismal growth in key sectors, the bad news was confirmed on Friday by fresh data on the growth of six core infrastructure sectors, which showed they had grown by just 3.9% in the first half of current financial year, a sharp dip from 6.9% for April-September […]
PE Fund Picks 40% In Amrapali SPV
July 28, 2008 – 7:56 am
Private equity fund SUN-Apollo Ventures has invested Rs 300 crore for 35-40% equity in an SPV of Noida-based realty firm Amrapali group. SUN-Apollo is a joint venture between Delhi-based Khemka family’s SUN group and US-based private equity fund Apollo Real Estate Advisors. Apollo’s development and investment portfolio is spread across US, UK, Russia and other […]
Orbit Corp Plans Township In South Mumbai
June 17, 2008 – 10:06 am
Real estate firm Orbit Corp Ltd expects to add new projects worth 8-10 billion rupees in 2008/09, as it sees strong demand for redevelopment projects in South Mumbai, its main area of operation.
