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Interest Rates on NRI Deposits High on MOIA’s Agenda
The low interest rates on NRI deposits have been a cause of concern for the Ministry of Overseas Indian Affairs,…
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FDI Welcome in Indian Infrastructure Sector
The Indian Government is pulling all stops to beef up the infrastructure sector, focusing on a gamut of projects worth…
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Emaar-MGF Emerges Sole Bidder for C’Wealth Games Project
The prestigious Commonwealth Games Village project is likely to come Emaar-MGF’s way, with DLF also out of the reckoning, having…
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Delhi Property Prices Expected to Increase with New Circle Rates
The Delhi Government yesterday announced the minimum circle rates for property, which determine the lowest rate at which property can…
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Indian Private Banks Offer New Products; Seek New Business Avenues
Reuters India has extended its Reuters Trading for Foreign Exchange (RTFX) facility to YES Bank to introduce a new electronic…
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Indian Government Reluctant to Extend Parity with NRIs to OCIs
The Government has expressed its reservations to put Overseas Citizens of India (OCIs) at par with Non-Resident Indians (NRIs), based…
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Indiabulls Ropes in Strabag for Real Estate Projects
Indiabulls Real Estate’s strategic tie-up with Europe’s leading infrastructure and construction company, Strabag SE set the shares of the Indian
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ICICI Gears Up for Jumbo Issue; DLF Closes on Rs.525 Per Share
The bourses are gearing up for another mega issue - this time from ICICI Bank which will set rolling a…
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Welfare Fund for NRIs Proposed by MOIA
The proposal calls upon the government to make an initial investment of Rs.1.5 billion, and insurance companies to make contributions…
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Real Estate Equity Fund Invests in Pune
After HDFC Realty Fund, it is now the turn of Indiareit, a real estate private equity fund, to invest in…