Tag: Realty Firm

Chris Gayle Made Brand Ambassador Of A Realty Firm

Chris Gayle, the West Indian Cricketer, is made the brand ambassador of a Patna based realty firm. He will endorse the firm. Patna-based realty firm Agrani Homes has bagged West Indian Cricketer Chris Gayle to endorse their projects. The realty firm has projects in various cities.

SEBI bars organizations

Securities and Exchange Board of  India, in an order barred Murli Industries Ltd, Ackruti City, Welspun Gujarat Stahl Rohren Ltd and Brushman India and their respective promoters from trading on the stock exchange. These companies were charged of manipulating share prices before the of issue of convertible shares and  placement of private institutional investors, have […]

Siva Group Hold 13.88% in Arihant

The Siva Group owned by NRI C Sivasankaran has acquired a stake of 13.88% in Arihant Foundations and Housing which is a Chennai based firm. On Monday, Arihant informed the Bombay Stock Exchange (BSE) that Saravna Enterprises, Siva Projects Engineering and Enterprises and S Jayalakshmi have picked up the stake. Before this deal, Siva Group […]

Realtors renegotiate deals, put projects on hold

With the information technology and business process outsourcing companies facing an uncertain future following a recession in the US, some real estate players developing space for these companies are being forced to shelve their projects, while others are slashing their rentals and renegotiating lease agreements to stay afloat. For these real estate developers, already reeling […]

Essar Arm Wins Nagpur Hotel Project

Essar Realty Holdings—the real estate arm of the Essar Group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur. The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the […]

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

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 […]