Pooja Sarkar
Infrastructure
Wadhwa Group looking to raise $28M for Dadar project
Mumbai-based realtor Wadhwa Group is close to raising Rs 175 crore ($28 million) for its Dadar project from a private ......
Infrastructure
Morgan Stanley Realty Fund's proposed $175M investment in Wadhwa's commercial project falls through
Mumbai-based realtor Wadhwa Group’s proposed deal to raise Rs 1,100 crore ($175 million) from Morgan Stanley Real Estate Fund for ......
General
Manulife close to buying 26% in ING Vysya Life Insurance for $75M
Canadian financial services major Manulife Financial is close to striking a deal to pick 26 per cent stake in ING ......
Infrastructure
Wells Fargo folding realty investment unit in India
American banking giant Wells Fargo is shutting its real estate investment unit in India, three independent sources privy to the ......
Infrastructure
RBI clamps down on banks doling out upfront disbursement to property developers
Indian banking regulator Reserve Bank of India (RBI) has asked banks to stop rolling out upfront disbursement to developers in ......
Manufacturing
UltraTech to acquire Jaypee Cement's Gujarat units for $590M
UltraTech Cement Ltd has struck a deal to acquire two units of Jaypee Cement Corporation Ltd located in Gujarat at ......
Infrastructure
Godrej Properties raises $110M in rights issue
Godrej Properties, the real estate arm of Godrej Industries, has successfully closed its rights issue on Wednesday, sources told VCCircle. ......
General
Mumbai police ask NSEL for proof of delivery of commodity since inception
As the financial irregularity saga involving National Spot Exchange Ltd (NSEL) continues, the Bombay High Court has clubbed two public ......
General
Brookfield Asset Management in talks to manage AIG Global Real Estate's India portfolio
Global investment manager Brookfield Asset Management is in the final stage of negotiations to manage AIG Global Real Estate’s India ......
General
Forensic auditors provide first update on NSEL fiasco to FMC
As the National Spot Exchange Ltd (NSEL) saga deepens, the forensic auditor Grant Thornton appointed by Forward Markets Commission (FMC) ......
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