New Delhi: A new private equity fund of mortgage lender Housing Development Finance Corp (HDFC) will target raising $500 million from offshore investors for domestic property projects, including in warehousing and logistics, a senior company executive said. Asset manager HDFC Property Fund has mainly invested in housing projects through earlier funds but, for the first […]
Hopes of a revival in Indias manufacturing activity after a sharp spike in October were belied, with factory output actually registering a fall in the month after at a four-year low, according to official figures released on Tuesday. To deal a further blow, the annual retail inflation also crept up to 5.61 percent in December. […]
MUMBAI: Inviting India Inc to join the governments initiative of creating skilled manpower, Union Minister Venkaiah Naidu today said the programme will be taken to the block level by creating training centres for various sectors. We have the inherent strength (manpower) but we need to upgrade it. Today there is a huge shortage of manpower […]
MUMBAI: JLL India on Tuesday released the countrys ten cities that offer great lower budget real investment prospects. They are Hyderabad, Pune, Navi Mumbai, Jaipur, Surat, Ghaziabad, Nagpur, Kochi, Coimbatore and Ahmedabad. These cities are the nerve centres of the countrys economy and cosmopolitan culture, and draw the most housing demand for numerous reasons like […]
NEW DELHI: Car sales topped a record twenty lakh units in 2015 as new models and an improved buyer sentiment helped purchases. A full recovery is still some time away as companies hope for a stronger turnaround in the economy to aid volumes. Car sales had been slow over the past few years and managed […]
Government is getting ready to open up commercial coal mining to private companies for the first time in four decades, with the aim of shifting the worlds third-biggest coal importer towards energy self-sufficiency. Anil Swarup, the countrys top coal bureaucrat, told Reuters on Friday the government has identified mines it plans to auction, and is […]
Reliance Industries chairman Mukesh Ambani today said the company would partner small entrepreneurs of West Bengal by providing them connectivity. In the next phase, we will partner with the small entrepreneurs of the state by providing them with connectivity, Ambani said at the opening of the two-day Bengal Global Business Summit here. Reliance, through […]
Union Finance Minister Arun Jaitley on Friday said the country could add 1-1.5 per cent more to its growth through infrastructural investment and increased public spending, and exuded confidence that the enhanced growth could come from the eastern states. Today, while the world faces a grave crisis, we in India are still managing, and even […]
Intelligent automotive application for smart phones to connect customers to their car, family and Honda Makes customersownership experience more safe, convenient and enjoyable New Delhi,: Honda Cars India Ltd., leading manufacturer of premium cars in India, launched Honda Connect, an intelligent and advanced information platform for customers. Honda Connect paves the way for […]
NEW DELHI: Over a month after Prime Minister Narendra Modi took initiative to host Congress chief Sonia Gandhi and former PM Manmohan Singh for tea to get the opposition party on board for the struck reform bills, the government made a fresh bid on Thursday. Hours after parliamentary affairs minister Venkahiah Naidu reached out to […]
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