IFCI aims to sell real estate assets worth Rs 100 crore this fiscal
NEW DELHI: The country’s oldest public sector financial institution IFCI expects to mobilise Rs 1,500-2,000 crore from sale of non-core assets, including its stake in the National Stock Exchange (NSE), during the current fiscal to fund business growth, a top company official said. Besides, the company is looking at recovery of bad loans under the […]
Saudi Arabia to auction detained tycoon’s real estate assets: Sources
By: Marwa Rashad | Stephen Kalin RIYADH: Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with the matter told Reuters. Sanea, ranked by Forbes in 2007 as one of the world’s 100 richest people, […]