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Tag Archives: European Markets

Citigroup gets economical support from US government

November 25, 2008 – 1:59 am

Citigroup has got US government support of $326 billion, which is roughly equivalent to one-third of the Indian economy.
Citi has received US government guarantees of $306 billion, a cover that will help it sell the sticky assets and irrecoverable mortgages on its books, and a $20-billion cash infusion from the US Treasury, which is over [...]

By Rajani | Posted in Property News | Also tagged Asian Markets, Assets Under Management, Bailout Package, Barack Obama, Cash Infusion, Citi Financial, Citi Group, Citigroup Global Markets, Dalal Street, Delinquencies, Economical Support, Finance Arm, Government Guarantees, Government Role, Government Support, Indian Economy, Management Changes, Preferred Stock, President Elect, Shakeout, Sticky Assets, Us Treasury, Vikram S Pandit | Comments (0)

FIRE Capital To Invest In Affordable Housing

October 3, 2008 – 11:26 pm

As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment.
According to industry sources FIRE Capital is currently in the due diligence [...]

By Rajani | Posted in Property News | Also tagged Affordable Housing, Ahmedabad, Due Diligence, East India, Housing Project, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Realty Fund, Ticket Size, Tier II, Venture Capital Fund, Venture Fund, West Bengal | Comments (1)