Eldeco raises Rs 275 crore debt from Tata Capital Housing Finance for its projects
NEW DELHI: Realty firm Eldeco Group on Thursday said it has raised Rs 275 crore debt from Tata Capital Housing Finance Ltd (TCHFL) to fund its ongoing housing projects. The Delhi-based Eldeco group will utilise the fund on its two residential mid- income projects in the national capital region, according to a statement. The company […]
Realty firm Hines, DNR group to invest Rs 650 crore in Bengaluru project
NEW DELHI: US-based realty firm Hines and DNR group will invest Rs 650 crore over the next three years to develop a commercial project in Bengaluru. Hines, a global real estate investment firm with a presence in 255 cities across 27 countries, entered India in 2006. Last year, Hines and Bengaluru-based DNR partnered to develop […]
Modi government invites applications for post of Sebi chairman in place of Ajay Tyagi
NEW DELHI: The finance ministry has invited applications to appoint the next chairman of the Securities and Exchange Board of India (Sebi) to succeed Ajay Tyagi, whose five-year term comes to an end in February. Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as Sebi chairman on March 1, 2017, for […]
Godrej Group headed for split of $4.1 billion business empire: Report
NEW DELHI: The $4.1 billion Godrej Group, spanning from soaps and home appliances to real estate, is headed for a split between the brothers, sources aware of the matter said, citing external advice the family has sought for an amicable division of the 124-year-old conglomerate. At present, the group is led by veteran industrialist Adi […]