Ascendas India Trust to acquire Portfolio of 5 Buildings in Hyderabad
Singapore based Ascendas Property Fund Trustee Private Limited, the Trustee-Manager of Ascendas India Trust is to acquire Phoenix Infocity Private Limited’s portfolio of 5 buildings in Hitec City 2...
View ArticleSingapore’s Omega TC Holdings picks up a minority stake in India’s Roots...
Singaporean firm Omega TC Holdings is to acquire a minority stake in India’s Roots Corp. Ltd for an investment of Rs 220 crore. Roots Corp Ltd is part of the Tata group of companies and runs budget...
View ArticleJP Morgan invests $30 million in Parsvnath Developers’ residential project
According to a report carried by the Economic Times of India, JP Morgan has invested $30 million in Parsvnath Developers’ residential project La Tropicana coming up in the Civil Lines area of New...
View ArticleTexas Pacific Group acquires 15% shareholding in Shriram Properties
The Economic Times of India Wednesday reported that Texas Pacific Group Capital (TPG) has picked up a 15% shareholding in Shriram Properties, the realty arm of diversified financial services group...
View ArticleNational Consumer Helpline Records 12,830 calls in September 2011
The National Consumer Helpline (NCH) received 11,138 calls during September 2011. In addition to these telephonic calls/complaints, 459 complaints were also received through online complaint system on...
View ArticleAchievements and Initiatives of the Ministry of Steel in the Year 2011
Steel sector trends · India became the 4th largest producer of crude steel in the world in 2010 as against the 8th position in 2003 and is expected to become the 2nd largest producer of crude steel in...
View Article2011 Marked by Important Initiatives in Oil and Gas Sector
The Year 2011 has been marked by significant developments in the Oil and Gas sector as the Ministry of Petroleum and Natural Gas took several important initiatives for the growth of the sector. Some of...
View ArticleNorms of External Commercial Borrowings and FDI in India Real Estate sector
FDI is not permitted in Real Estate Business. However, as per paragraph 6.2.11 of ‘Circular 1 of 2012 – Consolidated FDI Policy’ of the Department of Industrial Policy & Promotion (DIPP), FDI upto...
View ArticleIndian Export Stood at US $ 25.07 Billion in June 2012 Trade Deficit...
India’s exports for the month of June 2012 registered a decline of (-) 5.45%, at US $ 25.07 billion compared to June 2011 when it stood at US $ 26.51 billion. During June 2012, the imports were US $...
View ArticleGood news for gold investors: India considering gold buyback program
Despite the volatility of global markets during the past few years, gold steadily remains as one of the most lucrative investment options nowadays. It’s convenient, can be liquidated easily, and has...
View ArticleGlobal crude oil price of Indian Basket declines slightly at US$ 109.80/bbl...
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas closed a hole lower at US$...
View ArticleGambling Laws in India
The gambling laws in India are at best a little confused. Essentially gambling is outlaws across most of the country, though a huge amount of gambling does go on. Looking first at casino gambling,...
View ArticleGlobal crude oil price of Indian Basket increases to 104.23 per bbl
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 104.23 per...
View Article“Commerce Secretary to Lead High-Level Delegation to India Show in Hong Kong...
Shri Rajeev Kher, Commerce Secretary, Government of India will lead a high-level delegation to Hong Kong coinciding with the ‘India Show’ from April 27 – 30, 2014. India Show being held concurrently...
View ArticleCommodity-Wise Freight Revenue Earnings During Fiscal 2013-14
The Indian Railways have generated Rs. 93468.84 crore of revenue earnings from commodity-wise freight traffic during financial year 2013-14 as compared to Rs. 84791.33 crore during the corresponding...
View ArticleAll-India Consumer Price Index Numbers for Agricultural and Rural Labourers...
The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for April, 2014 increased by 8 points each to stand at 771 ( Seven hundred and seventy one)...
View ArticleText of the Speech of the Union Finance Minister at the Pre-Budget Meeting...
Following is the text of the Statement of the Union Finance Minister Shri Arun Jaitley at the pre-Budget meeting with the Finance Ministers of all States and Union Territories(with Legisilature). “My...
View ArticleAuction for Sale (Re-Issue) of Government Stocks
Government of India have announced the Sale (re-issue) of (i)“8.27 per cent Government Stock, 2020” for a notified amount of Rs. 3,000 crore (nominal) through price based auction, (ii) “8.83 per cent...
View ArticleGlobal crude oil price of Indian Basket decreased to US$ 99.97 per bbl on...
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 99.97 per...
View ArticleDevelopment Commissioner for Handlooms, Ministry of Textiles, Government of...
Ministry of Textiles today announced that Ministry through DC (Handlooms) has signed a Memorandum of Understanding (MoU) with Flipkart India Pvt. Ltd. to provide online marketing platform to handloom...
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