Demand
for Overseas Indian Citizenship Cards Rising
Wednesday, December 27, 2006: Launched
in January 2006, the Overseas Indian Citizenship card scheme has
turned out to be a great success which is clearly evident by the
rising demand for OCI cards. OCI scheme has been announced at
the
Pravasi
Bhartiya Divas 2006. Since then, around 90,000 cards have
been issued till date, says Vayalar Ravi, Minister of Overseas
Indian Affairs.
Govt
to Come Up With More Consulates for NRIs
Thursday, December 21, 2006: Government
is alls et to work on its big plans to open new consulates and
missions in countries where the populace of Non
Resident Indians (NRIs) has crossed half a million, say Vayalar
Ravi, Union minister for overseas Indian affairs.
Gulf
NRIs ‘Cashing In’ Wealth Gains
Thursday, December 21, 2006 :The image
of well-off NRI in Gulf Countries is poised to get a puffy boost
with the facts revealing that they are growing up financially
at the rate of 20 per cent per annum, says Suresh Kumar, Chief
Executive Officer of Emirates
Financial Services, a Dubai based investment bank and fund manager.
NRI
Gets Hold of 50% in Unitech’s Overseas Investment Arm
Monday, December 18, 2006 :Indonesian-based
NRI, Prasoon Mukherjee has acquired 50% stake in Unitech Corporate
Parks, an overseas investment arm of Unitech Ltd which earlier
raised £360 million on London
Stock Exchange’s junior venue, the alternative investment
market (AIM).
NRIs
Line Up To Acquire Gujarat Real Estate
Friday, December 15, 2006 :A mad rush
can be seen among Non Resident Gujarati (NRG) to earmark a portion
of their investment portfolio in Gujrat’s real estate and
earn competitive returns on the deals. They are not willing to
let a single opportunity to grab chunk of whether commercial or
residential
property slip out of their hand.
Caparo
Group to Establish a Substantial Presence in India
Wednesday, December 13, 2006 :The renowned
Caparo Group is planning to spread its wings to India
to expand its operations from current five percent to around one
third of the total business, says NRI industrialist Lord Swraj
Paul, Chairman of the Caparo Group.
LN
Mittal Gets Hold of 3.3% in Indiabulls Realty Arm
Friday, December 1, 2006 :Lakshmi Narayan
Mittal, who lords over the world's largest steel empire, is all
set to establish a substantial presence in Red hot Indian
real estate. Mittal gets hold of 3.3% in Indiabulls Infrastructure
Development out of 13.3% stakes to be pick by Farallon Capital
- a Mittal and US Hegde Fund unveils.
