Last Updated: Wednesday, August 5, 2015, 15:27
Realty player Logix Group has bought back its equity stake in a housing project at Noida from ICICI group's real estate fund for about Rs 62 crore, paving way for the latter's exit from the project.
Last Updated: Wednesday, August 5, 2015, 11:00
Indian mining giant Adani's plan to build one of the world's largest coal mines in Australia on Wednesday suffered a setback after a court in the country revoked the government's environmental approval for 16.5 billion dollar project.
Last Updated: Tuesday, August 4, 2015, 17:57
The Delhi High Court Tuesday sought the Centre's response on a plea by Reliance Power (RPower) and its subsidiary Sasan Power Ltd against the government's decision to cancel allocation of a coal block in Madhya Pradesh for the company's ultra mega power project there.
Last Updated: Thursday, July 30, 2015, 22:50
The Reserve Bank on Thursday allowed non-bank lenders to retain the 'standard asset' tag on a restructured loan for an extended period if an infrastructure project is mired in court cases or has been stuck due to reasons beyond the control of promoters.
Last Updated: Monday, July 27, 2015, 15:17
With this partnership, Bharti Realty has forayed into the residential segment. It will develop over 2,000 apartments in this project covering about 5.2 million sq ft of area.
Last Updated: Wednesday, July 22, 2015, 10:07
"Adani has suspended two major contractors on its Queensland coal project, raising fresh speculation about the company's ability to finance Australia's largest coal mine," the Sydney Morning Herald reported.
Last Updated: Saturday, July 18, 2015, 11:24
The bribery of USD 976,630 for a Goa project by Louis Berger included that to a minister, the details of which have not been disclosed by the Department of Justice.
Last Updated: Thursday, July 16, 2015, 21:00
South Korean steel giant Posco has put on hold its USD 12 billion steel project in Odisha due to delays in various regulatory approvals.
Last Updated: Thursday, July 16, 2015, 18:55
The company is reducing its unused office space and other expenditure as part of massive global cost restructuring programme, said a person in the know of developments.
Last Updated: Wednesday, July 15, 2015, 21:31
The Ahmedabad-headquartered group, which already operates the country's busiest port at Mundra in Gujarat, has received "Letter of Award" for developing the port, Adani Group said in a statement.
Last Updated: Tuesday, July 14, 2015, 17:27
Private equity firm HDFC PMS has exited its investment in a residential project of Marvel Realtors for Rs 152 crore.
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