Archive for January 17th, 2008
Satya Vani secures PE fund for green homes project
Thursday, January 17th, 2008Satya Vani Homes, part of Hyderabad-based realty and consultancy firm, Satyavani Projects, has tied up with Amitayus Investments LLC, for about $10 million infusion, to part fund a green homes project near Hyderabad.
Narsee Monjee Institute of Management Studies varsity at Jadcherla
Thursday, January 17th, 2008A private university will come up at Rajapur village near Jadcherla in Mahaboobnagar district, set up by a charitable trust that runs educational institutions in and around Mumbai, Sri Vile Parle Kelavani Mandal.
Airport civil works to be completed by March
Thursday, January 17th, 2008Though already delayed for over four months, the Rs.95 crore new terminal building in the Visakhapatnam airport, controlled by the navy’s INS Dega, is likely to be inaugurated by June as major work has already been completed.
BioAsia 2008 To Take Off From Feb 7
Thursday, January 17th, 2008The 5th edition of BioAsia 2008, the global business forum for promoting biotechnology - will be held at Madhapur in Hyderabad from February 7 to 9. Vice-President M Hamid Ansari will inaugurate the Bio Asia-2008 meet at the International Convention Center.
Oracle Acquires BEA Systems For $8.5 Billion
Thursday, January 17th, 2008Oracle Corp on Wednesday won a threemonth-long campaign to buy BEA Systems by raising its bid for the business software maker by 14% to $8.5 billion.
Patel Engineering Ltd To Value Its Land Bank
Thursday, January 17th, 2008Patel Engineering (PEL), a Mumbai-based construction major, has roped in global real estate advisor DTZ to value its land bank across the country ahead of a proposed sale of part equity to private equity players in its recently floated wholly-owned subsidiary — Patel Realities India (PRIL).
Greenfield Airports: High ‘Airport Service Fee’
Thursday, January 17th, 2008Millions of passengers flying out of two greenfield airports in Hyderabad and Bangalore respectively would have to shell out user development fee beginning March this year.
Blackstone May Pull Out Of Eenadu Deal
Thursday, January 17th, 2008Blackstone, the world’s largest leveraged buyout firm, is close to scrapping its PE deal for Hyderabad-based media group Ushodaya Enterprises, owners of Telugu publication Eenadu, according to sources familiar with the situation.