August 23, 2008 – 5:37 am
Tata Group chairman Ratan Tata’s threat to pull the Rs 1,500-crore Nano small-car project out of West Bengal in the face of violence and protests over farmland acquisition has deepened the gloom over the Left Front government’s industrialisation drive, with most of its larger and more ambitious infrastructure projects already on hold over land issues.
Just [...]
By manish
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Posted in Real Estate News
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Also tagged Chairman Ratan Tata, Estate Projects, Haldia, Industrial Projects, Infrastructure Projects, Kalyani, North Bengal, Public Private Partnership, Ratan Tata, Riverine Island, salim group, tata group, West Bengal
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Infrastructure firm Gayatri Projects is all set to acquire five smaller infrastructure firms in the country, paving the way for its inorganic expansion. The company plans to fund these acquisitions through divestment of 49% equity in favour of Australian multi billion-dollar wealth management firm AMP.
The latter will bring to the table Rs 200 crore through [...]
By Rajani
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Posted in Real Estate News
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Also tagged Acquisition Targets, Construction Company, Cyberabad, Divestment, Expressways, FDI, Foreign Direct Investment, Infrastructure Companies, Infrastructure Firm, Joint Ventures, Laning, Roadways, South Corridor, Spv, Wealth Management Firm
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Mumbai, With the Indian real estate market slated to grow 35-40% in value terms over the next two years, private equity (PE) players are lining up significant investments in the segment. Led by Blackstone and the PE arm of Deutsche Bank, a host of players—including Red Fort Capital Advisors, Starwood Capital and Walton Street—are expected [...]
New Delhi :- Property investment division of Citibank has invested one hundred sixty million dollar in real estate major BPTP. earlier Citibank Property Investment (CPI) had invested eighty million dollar in the company to take 5.89 per cent stake. The hottest investment will be made in a special purpose vehicle (SPV) of BPTP, which is [...]
Deutsche Bank has raise up close to 40 percent stake in Ramprastha Promoters and Developers. Ramprastha Promotors and Developers is a group company owned by Delhi-based Ramprastha Group for $80 million. Ramprastha Promoters and Developers have been primarily engaged in developing housing projects in the national capital region (NCR).