Brookfield Reit declares Rs 170 crore payout in Q4, Rs 690 crore for FY22
NEW DELHI: Brookfield India Real Estate Trust (Biret), the only 100 per cent institutionally-managed Reit in the country, on Wednesday announced Rs 170 crore or Rs 5.10 per unit dividend for the March quarter, taking the total cumulative payout to Rs 690 crore or Rs 22.10/unit for the full fiscal 2022. The company said it […]
BPCL privatisation hits hurdle, as only one bidder remains in fray: Report
NEW DELHI: Privatisation of BPCL, which was dubbed India’s biggest ever, has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing, a top source said. The government had planned to sell its entire 52.98 per cent stake in Bharat […]
Revised DPR for Noida Metro extension sent for Modi government’s nod: UP Minister
NEW DELHI: The Uttar Pradesh government has sent the revised detailed project report (DPR) for the Aqua Line metro’s extension to the Centre (Narendra Modi government) for its approval, the state’s industries minister Nand Gopal Gupta ‘Nandi’ said on Tuesday. The new metro line extension is proposed to connect Noida and Greater Noida (West) also […]
TATA Projects appoints Vinayak Pai as Managing Director Designate
NEW DELHI: As per information filed with the Stock Exchanges, TATA Projects Limited, one of India’s fastest growing and most admired infrastructure companies, recently announced that its current CEO and Managing Director Designate – Vinayak Pai has also been inducted as a Board Member of the company, as Executive Director. Prior to joining Tata Projects, […]