Tag Archives: Realty Companies

JP Morgan Chase Buys 33% In Alok Infra’s SPV

July 23, 2008 – 7:10 am

Global financial giant JP Morgan Chase is investing Rs 130 crore for 33% stake in an SPV of realty firm Alok Infrastructure, a wholly-owned subsidiary of Mumbai-based textile maker and retailer Alok Industries, according to banking sources.
Alok Infrastructure’s SPV, which is receiving the JP Morgan funding, will develop a realty project at a prime location [...]

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Five Realty Firms Submit EOI For Five Star Hotel

July 10, 2008 – 5:33 am

Five major realty companies including B L Kashyap and Sons are going to bid for developing a Rs 100-crore Five Star hotel in Bathinda, Punjab.
The other three companies which have shown interest in the project are Chalet Hotels Limited, Ashiana Homes and Spirit Global, informed an official of PIDB.
Punjab State Electricity Board (PSEB) through Punjab [...]

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