InterContinental Hotels to open 47 properties in India by 2020

Last Updated: Sunday, August 23, 2015, 11:01

"Over the next 3-5 years, we have a pipeline of about 47 hotels across India. We currently have 22 hotels here," IHG South West Asia Head Shantha de Silva told PTI.

Not selling overseas properties: Sahara to Surpreme Court

Last Updated: Monday, August 17, 2015, 21:06

Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".

Lalit Modi to help fund Sahara chief Subrata Roy's release from jail?

Last Updated: Monday, August 17, 2015, 17:05

In what could come as a relief to Sahara chief Subrata Roy, Indian Premier League founder Lalit Modi has decided to step in to help the company and arrange sale of Sahara properties.

Supreme Court to consider auctioning off Sahara properties

Last Updated: Monday, August 3, 2015, 23:53

The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara`s assets and refund investors in the troubled group`s illegal bonds.

Air India to sell assets worth nearly Rs 250 crore

Last Updated: Friday, July 17, 2015, 16:01

Debt-laden Air India plans to sell properties and land parcels worth nearly Rs 250 crore spread across three cities.

Kansai Nerolac to sell Chennai land for Rs 550 crore

Last Updated: Monday, June 29, 2015, 21:06

Industrial paints maker Kansai Nerolac on Monday said it has entered into an agreement with realty firm Brigade Properties to sell its land in Chennai for Rs 550 crore.

SBI to e-auction distressed properties every quarter now

Last Updated: Thursday, May 14, 2015, 23:19

After failing to get the desired results in its maiden e-auction of distressed properties in March, State Bank of India has decided to separately auction commercial and retail properties under its hold from next month.

Cabinet okays benami transactions bill to curb black money

Last Updated: Wednesday, May 13, 2015, 12:54

To check the generation of black money in the country, the Cabinet on Wednesday approved the new Benami Transaction (Prohibition) Bill which provides for stringent measures against violators.

Godrej Properties to monetise Rs 2K cr worth commercial assets

Last Updated: Sunday, May 10, 2015, 14:21

Godrej is to sell Rs 2,000 crore worth commercial properties over the next 2-3 years.

New law to enable confiscation of benami properties: Sinha

Last Updated: Tuesday, April 28, 2015, 15:46

Seeking to curb generation of black money, the government on Tuesday said it will come out with a new law that will provide for confiscation of benami properties and prosecution of offenders.

Ansal Board gives nod to accept FDs from shareholders, public

Last Updated: Saturday, April 4, 2015, 09:18

Realty firm Ansal Properties and Infrastructure has said that the company's directors have approved a proposal to accept fresh fixed deposits from shareholders as well as public.

Registration of properties in unauthorises colonies allowed

Last Updated: Tuesday, March 31, 2015, 21:19

In a major relief to lakhs of people living in unauthorised colonies, Delhi government on Tuesday decided to allow registration of properties in the settlements regularised by the Centre, heeding to a long-standing demand of the residents.