Archive for January 5th, 2008
MSN Labs Planning Rs100-Cr Investment
Saturday, January 5th, 2008MSN Laboratories Private Ltd, a manufacturer of Active Pharmaceutical Ingredients (APIs) and formulations, has identified contract research and manufacturing as its focus area and is planning to invest over Rs 100 crore in the next 18 months.
Real Estate: Grown At An Unprecedented Rate
Saturday, January 5th, 2008Year 2007 was good for real estate market. Because of the rise in the interest rates, the prices of residential real estate corrected by 10% to 15% in most of the suburb markets of National Capital Region (NCR) of Delhi, Mumbai, Bangalore, Chennai , Hyderabad, Pune and Kolkata.
Hyderabad Infra Companies Flush With PE Investments
Saturday, January 5th, 2008From GMR to GVK to a small company Soma Enterprise, investors are pouring in money into Hyderabad’s infrastructure companies. Around USD 550 million of private equity has come in the year 2007, reports CNBC-TV18’s Viswanath Pilla and Suresh Venkat.
Will The Real Estate Boom Time Spill Over?
Saturday, January 5th, 2008Every New Year brings in fresh opportunities and it is time to take a fresh guard at the beginning of the year. While equity investors had a lot to cheer, it was not very different for property buyers who have had an unprecedented boom time in the last 3-4 years. The big question is will […]
Grab The Opportunity, It’s Now or Never
Saturday, January 5th, 2008Officials are assuring that the Compulsory Disclosure Scheme (CDS) to regularise unauthorised buildings, constructions has been simplified to enable citizens pay the penalties without much ado, says V. Geetanath.
Rents hit the roof
Saturday, January 5th, 2008House rents have seen a steep hike in the surrounding areas of Hi-Tec City. This is most visible in Madhapur, which has seen an almost 100 per cent rise in just one year.
Till last year rents in this part of the city were comparable to other residential areas in the city. But the last quarter […]
State to auction land for 10,000cr
Saturday, January 5th, 2008The state government is planning to mobilise at least Rs 10,000 crore through sale of its lands in the next financial year. Various departments have been asked to identify lands that can be put up for sale.
VUDA auction
Saturday, January 5th, 2008The Visakhapatnam Urban Development Authority (VUDA) will auction bulk land plots on Sunday at Children’s Theatre at Siripuram. A total of 131.2 acres of land in nine plots at Madhurawada and two in Paradesipalem will be auctioned.
AMD opens 2nd R&D centre in Hyderabad
Saturday, January 5th, 2008Advanced Micro Devices (AMD), supplier of integrated circuits and processing solutions for computing, today opened its second research and design facility in Hyderabad.
The new 30,000 square-foot centre will accommodate R&D employees focusing on AMD’s graphics and computing solutions.
Devious builders in hiding
Saturday, January 5th, 2008The government’s building regularisation scheme has created a new problem: Flat-owners are discovering that builders who constructed their apartments by violating building plans and regulations are not traceable.
Ramky Infrastructure eyes Rs 400 cr from IPO
Saturday, January 5th, 2008Ramky Infrastructure has filed papers for its initial public offering with the Securities and Exchange Board of India.
The company plans to mop up Rs 400 crore from the IPO which will be through 100 per cent book-building process.
IFFCO to set up agriculture, food processing SEZ in AP
Saturday, January 5th, 2008The Centre is expected to approve on January 2 an SEZ project in Andhra Pradesh by fertiliser cooperative IFFCO for agri and food processing, a senior state government official said.
The Indian Farmers Fertiliser Cooperative Limited (IFFCO) plans to invest more than Rs 2,000 crore to develop the duty-free enclave in Nellore district on some 2,000 […]