Archive for March 30th, 2007
Union Bank Opens Retail Lending Center In Hyderabad
Friday, March 30th, 2007Union Bank of India (UBI) launched its first centralized processing centre in South India at Saifabad in Hyderabad, reports Business Line.
R. Vishwanathan, the bank`s general manager, from Chennai, said it has identified Hyderabad, Bangalore, Ernakulam and Chennai for the centre.
Hyderabad has now come up with one and in the rest of the cities, the centre […]
Hyderabad Prime Property Has No Takers …!!!!
Friday, March 30th, 2007The property boom in Hyderabad could be slowing down. There are indications since the government failed to find any takers for auction of 60 acres at the knowledge city.
The first phase of the Hyderabad knowledge city remains unsold. The Andhra Pradesh Infrastructure and Industries Corporation had put two-30 acre plots under the hammer at a […]
Prajay Close To Inking 3 JVs With Overseas Firms
Friday, March 30th, 2007Prajay Engineers Syndicate Ltd, the Hyderabad-based real-estate developer, is close to forming three joint ventures with overseas firms for its upcoming hotel projects in southern India.
Sources said the company is negotiating with three hotel chains in the US, Europe and Far East for the 50:50 joint ventures. It may, however, acquire a minority stake in […]
Cobra Beer To Set Up "Greenfield Breweries" In Hyderabad
Friday, March 30th, 2007UK-based Cobra Beer plans to invest $20 million to set up its greenfield breweries in India, said the company’s founder and chief executive Karan Bilimoria.
While one brewery will come up either in Punjab or Rajasthan, the second will be set up here, the hometown of Bilimoria, who was appointed to the House of Lords in […]
Gitanjali Gems To Foray Into Retail Market Through "Luxury Connexions (Lx) & Luxury Malls"
Friday, March 30th, 2007After experimenting with specialised malls, realtors are hard-selling the luxury mall concept.
With all that money floating around to be spent, luxury seems to be the buzzword today. According to an estimate, 200-300 international luxury brands are trying to make an entry into India. As of now, the luxury market is worth Rs 2,400 crore and […]