Tale of two investment banks – their predictions on oil

06 dec 2008

Ever since the fallout of world’s biggest investment banks, talks are ripe on how top analysts of the world have got it absolutely wrong in their predictions, be it real estate, commodities or equities.

Unitech sells stake in telecom arm, reasonable valuations in competitive market

29 oct 2008

After taking a battering in its share price, India’s second larget real estate players, Unitech has sold off 60% stake via fresh share issue in Unitech Wireless to Norwegian company, Telenor for Rs.6120 crore valuing the company at Rs.10200 crore.

Real estate sector scenario in India – slowdown is the buzz word

02 apr 2008

The unending euphoria of real estate sector in India witnessed during the last few years is finally starting showing signs of ebbing. The talks of new malls, complexes, residential projects being built are all now being kept under bags.

Reliance Retail eyeing Shopper’s Stop – good synergies to drive with

19 feb 2008

Among the pioneers of organised retail in India, Shopper’s Stop may be up for sale if The Economic Times is to be believed. Though the management has dismissed the news as ‘baseless rumours’.

Indiabulls uses real estate backup to push hard into retail, buys out Piramyd Retail

09 dec 2007

India’s third largest property developer after DLF and Unitech, Indiabulls is using its zooming market capitalisation in financial services and real estate to venture into retail via its arm Indiabulls Real Estate Ltd.

DLF partnering Burger King – bounded by real estate

23 nov 2007

McDonald’s is soon going to have a competitor in India with the entry of US fast food chain, Burger King into India in partnership with DLF, if reports are to be believed.

DLF shifts focus towards South, to develop New Bangalore

02 oct 2007

After the successful models of Navi Mumbai and Noida, Bangalore is also soon going to get its ‘New Bangalore’. This would would help Bangalore in overcoming its infrastructural and basic problems which was making it less attractive to companies, investors and residents.

Carrefour planning another shot, may partner DLF

17 sep 2007

World’s second largest retailer, France based Carrefour, is again planning for an Indian entry into the growing organized retail market. Earlier in June, it had decided to pull out of the Indian market after talks failed with various local partners.

Proposed amendment in law likely to open new investment avenues for Indian trusts.

13 sep 2007

With the government contemplating amendments in the pre-independence enacted Indian Trust Act, 1882, the trusts will have greater flexibility with their investment decisions. According to present law, registered trusts can invest their resources either in securities notified by government or prescribed by the trust’s charter or under a high court ruling.

DLF on course to become India’s largest hotel company

30 aug 2007

India’s largest real estate company, DLF is strengthening its hotel portfolio by adding new hotel properties to its list. After announcing a partnership with Hilton in November 2006 to build 75 business hotels and service apartments throughout India, DLF Hotels would open a luxury hotel in Gurgaon before 2010 Commoniwealth Games in partnership with Four Seasons Hotels and Resorts.