Indian retail major Future Group is set to buy out Le Marche, the hypermarket business of Fu-Com Retail India. Fu-Com India was set up by Fu-Com International, UAE-based retailing partners of the $30-billion French retail group Groupe Casino. Fu-Com International operates hypermarkets, supermarkets and convenience stores across West Asia. A person close to the development […]
Tag: West Asia
IL&FS realty fund mops up 895 million dollars
December 10, 2008 – 1:38 am
IL&FS real estate fund has mopped up $895 million (Rs 43,855 crore), promising overseas investors a return as high as 25%. The fund, called the IL&FS India Reality Fund 2, closed on Monday. Nearly 50% of the investment in the fund has come from US-based investors. The money has been raised at a time when […]
Hindujas Plans Investment Of Two Lakhs Crore Rupees
May 6, 2008 – 7:19 am
The Hinduja family is setting up investments of around fifty billion dollar (2 lakh crore rupees) in the subsequent 5 years in India and out of the country, led by a foray into oil and gas in Iran.
