Blog
October 22, 2013
Burmans to Foray into Real Estate
The Burman family, promoters of the $1-billion FMCG major Dabur, is entering the Indian real estate market through a joint venture with a US-based private equity investor, said multiple sources briefed on the matter. The Burman’s entry into real estate […]
Blog
October 11, 2013
Sebi Seeks to Lure Foreign Capital to Indian Markets, Issues Draft Norms for REITs
Looking to attract more investments into the capital market, Sebi today proposed listing of Real Estate Investment Trusts (REITs), a popular instrument for raising funds in the realty sector. SEBI Bhavan, Head Office of Securities and Exchange Board of India […]
Blog
October 11, 2013
Household Wealth in India Rises by 7.4%: Credit Suisse
Globally, household wealth increased 4.9% in mid-2013 to $241 trillion, compared with a year ago Household wealth in India rose 7.4% to more than $3.6 trillion in mid-2013 compared with a year ago on the back of growth in the […]
Blog
October 10, 2013
Sebi to Allow Real Estate Investment Trusts in India
The Securities and Exchange Board of India, or Sebi, is soon likely to allow real estate investment trusts, or REITs, in India, aiming to attract investments to the country’s slackening realty sector. The Securities and Exchange Board of India, or […]
Blog
October 10, 2013
Walmart Splits from Indian Retail Partner
Walmart dissolves partnership with Bharti Enterprises saying strict government regulation hinders India expansion plans. Walmart Stores has said that it would be splitting from its Indian business partner and cannot move forward with plans for its own retail stores in […]
Blog
October 5, 2013
Otis sees Scope for Growth in India’s Real Estate Market
The company, part of the $58-billion United Technologies Corporation, started its business in India more than a century ago Leading manufacturer of elevators, US-based Otis, is betting big on India’s real estate market, mostly vertical, to grow its business in […]
Blog
October 5, 2013
The Retail Brouhaha
With H&M and Uniqlo postponing their first India store openings, After Hrs gauges the impact it will have on the fashion retail business. Blame it on the erratic foreign exchange on account of the dwindling rupee, H&M and Uniqlo have […]
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