India Bhishma Award for Radhakrishnan..!

Mr. R. Radhakrishnan, All India Past President & Trustee of Builders  Association of India (BAI) has been conferred with India Bhishma  Award 2013. He has been honoured with the award on the occasion of 40th convention of International Federation of Asian and Western  Pacif…

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Outstanding contribution to Real Estate Award: CREDAI Honors Mr. Irfan Razack..!

Mr. Irfan Razack, Chairman & Managing Director, Prestige Group, was awarded the prestigious ‘Outstanding contribution to Real Estate’ award at the Confederation of Real Estate Developers’ Associations of India (CREDAI) awards held on recently. Mr. Irfan Razack was confer…

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DLF Ltd: Raise Rs. 3,700 Crore by Selling Non-core Assets..!

As it continues to focus on reducing debt, DLF Ltd, Indias largest real estate firm, is looking to raise Rs. 1,500 crore by hiving off most of its non-core assets. The building company has just signed three definite agreements to divest two (2) land parcels for about Rs. 700…

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Indiabulls Real Estate: Sales Bookings Up 51%

Indiabulls Real Estate's sales bookings rose by 51%to Rs. 3,002 crore during the last fiscal, while the annual rental income grew by 37%. In an analyst presentation, the firm said it's net debt has increased to Rs. 1,195 crore as on March 31, 2013 as against Rs. 1,13…

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PayUIndia: E-Commerce Portal..!

PayUIndia has launched PayUPaisa, an e-commerce portal that allows sellers to create free websites to market their products without any physical paperwork. The firm will charge 3 in addition to 3.2 % of the cost of transaction.

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Tamil Nadu government : Satellite City Planned in Madurai

The Tamil Nadu government on recently announced a satellite township on the outskirts of Madurai at a cost of Rs. 120 crore and proposed to build about 4,455 houses in several other districts. Making a suo motu statement in the Assembly, chief minister Ms. J. Jayalalithaa sa…

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Omnitech Infosolutions: FD Interest rate 11.5 %, 12 % and 12.5 %.

Omnitech Infosolutions has launched fixed deposits (FDs) for tenures of 1, 2 and 3 years. The minimum amount of investment is Rs. 25,000 and in multiples of  Rs.1,000 thereafter. The interest rate for one-year deposit is 11.5 %,for two years, it is 12 % and for three years,it …

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Emerging Markets Take Lead Among Fastest Growing Consumer Product Companies..!

According to the sixth annual  2013 Global Powers of Consumer Products  report issued by Deloitte Touche Tohmatsu Limited , the slowdown in the economy has taken its toll on many but not all emerging markets. Acquisitions and product innovation were considered to be the major g…

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