Tag Archives: Orissa

Domestic Hospitality Under Transformation

The domestic hospitality industry is undergoing rapid transformation, with several hotel groups investing in new properties across India and the globe. Additionally, real estate players are entering the industry through management contracts with established hotel chains.
This expansion in the hospitality business is taking place on account of the massive growth that India is likely to [...]

Sobha Looks Forward For Slum Redevelopment

Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects.
Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the place [...]

Axis PE Invests Rs 126 Crore In HCIL

Axis PE has invested thirty million dollars, approx 126 crore rupees, in Delhi-based railway line manufacturer Harish Chandra India Limited (HCIL), through its recently-launched Axis Infrastructure Fund-I.