The Board of Approval (BoA) for Special Economic Zones (SEZs), headed by commerce secretary Mr, Rahul Khullar is scheduled to meet on 2011, September 9 to discuss matters like setting up of new such enclaves in the country.
The 19-member inter-ministerial BoA in its last…
True Value Homes India to join property fair in Kuala Lumpur
One of South India's largest builders of residential and commercial space, Chennai based True Value Homes India Pvt Ltd (TVH), will be participating in the upcoming Indian Property Investment Fair at the Mid Valley Megamall in Kuala Lumpur. The Indian Property Investmen…
ICICI Bank announces home loan at fixed rate for one/two years
India's leading and largest private sector bank ICICI Bank, launched two fixed interest rate home loan schemes for its new customers. Offer a customer the option to choose a fixed-interest rate for one to two years, after which the loan will move to a floating interest …
Buying E-Gold and E-Silver in National Spot Exchange
National Spot Exchange Limited (NSEL) is the national level, institutionalized, demutualised and transparent Electronic Spot Exchange set up by Financial Technologies India Limited (FTIL) and National Agricultural Co-operative Marketing Federation of India Limited (NAFED) t…
Urgent need for Indian real estate regulator: CCI Suggest to Government
On a complaint filed by the Belaire Owner’s Association, representing the customers of DLF’s high-end residential project Belaire in Gurgaon, saw Competition Commission of India (CCI http://www.cci.gov.in/ ) levying a penalty of Rs 630 crore against the company on August 12…
State Bank of India still No 1 in home loans portfolio
India's largest bank, State Bank of India’’s home loans portfolio as on 2011, June 30 stood at Rs 89,881 crores. It was recording a growth of 20.37% year-on-year. This growth is higher than the industry home loans growth of 17% recorded in April - June period in 2011.
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IIFCL plans to raise Rs 11,000 crore via bond issues
India Infrastructure Finance Company (IIFCL) is looking to raise Rs 11,000 crore from institutional and retail investors through bond issues by 2012 March.
Mr. S K Goel CMD (Chairman and Managing Director) of IIFCL said “We have written to the government to come out wi…
India to be $ 5.6 trillion economy by 2020: Survey
According to research firm Dun & Bradstreet (D&B), our country India will become a $ 5.6 trillion economy by 2020. It has predicted a 3 fold jump in the country's GDP from $ 1.73 trillion last 2010-11 fiscal on the back of rapid investment and growing consumer e…
DLF fined Rs 630 Cr for unfair trade practices
The CCI (Competition Commission of India), has slapped a 630-crore penalty on real estate firm DLF, threatening to turn an isolated dispute by flat buyers. In its CCI said ''The brutal disregard to consumer right that has been displayed in its action of cancelling al…
Finally buyers win: DLF penalty Rs 630 crore for unfair practices
India's anti-competitive practices watchdog CCI (Competition Commission of India),has slapped a 630-crore penalty on India's largest real estate firm DLF, threatening to turn an isolated dispute by flat buyers.
In a 237-page order, The CCI said ''the brutal …
