Tag: mumbai

Residential real estate: How policy reforms impacted it


Post the 1991 liberalization policy, India began to welcome various multinational corporates that were seeking permission to commence operations locally. Being the financial and commercial capital of India, Mumbai was the first city to witness a significant influx of large multinational firms.  By 1994-95, real estate prices in the city increased to a point where… Read More ›

Tier-III cities drive retail realty market: Jones Lang LaSalle


MUMBAI: Tier-III cities are emerging as attractive destinations for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets, according to property consultant Jones Lang LaSalle (JLL). Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerging as high potential… Read More ›

Hinduja group to invest Rs 6,200 crore in India across sectors like real estate and media


Looking for opportunities in India despite economic slowdown, diversified Hinduja Group today said it would invest a billion dollars (about Rs 6,200 crore) across sectors like real estate and media. “We are looking for various opportunities. Recession is the time when you can break opportunities to invest,” Hinduja Group India Chairman A P Hinduja told… Read More ›

Home sales bounce back in December quarter, clocks 22% rise in top 6 cities


NEW DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras. Bangalore posted the biggest gain with home sales growing 58 per cent over a year ago between October and December… Read More ›

India Ratings maintains stable outlook for oil and gas sector


India Ratings & Research said on Wednesday that it maintains a stable outlook for the country’s oil and gas sector for fiscal year 2014-15 (FY15). “The rating outlook for both public and private sector oil and gas companies remains Stable,” it said in a statement. The agency expects public sector companies to sustain strong linkages… Read More ›

India beats China as top choice for global corporate expansion plans: Survey


MUMBAI: Corporate decision makers are responding to signs of economic improvement across Europe, shifting focus away from pure cost management to future growth opportunities, with an increased appetite for global expansion into Indian markets, according to CBRE’s latest annual European Occupier Survey. The European Occupier Survey is an annual survey, conducted in-house by CBRE to… Read More ›

India, Saudi Arabia agree to promote cooperation in oil, gas, other areas


India and Saudi Arabia have agreed to promote cooperation in the field of oil, gas and minerals through a Joint Technical Team and to encourage Saudi private sector companies  to invest in the oil and gas sector in India. At the 10th India-Saudi Arabia Joint Commission Meeting (JCM) in Riyadh on January 27-28, the two sides also agreed on… Read More ›

Maintain stable outlook on oil & gas sector: India Ratings


India Ratings & Research has maintained a stable outlook on the oil and gas sector for financial year 2015 (FY15) — for both public and private sector companies. The agency expects public sector companies to sustain strong linkages with the Government of India (GoI) or maintain business stability, in case of standalone ratings. The existing ratings of private… Read More ›

PSU oil firms like IOC, BPCL and HPCL invite EoI for ethanol at new price


NEW DELHI: State-run oil marketing companies have decided on a base price of Rs 44 per litre for procuring ethanol from sugar mills, rejecting supply of 36 crore litre citing higher price even as the government-mandated ethanol blending programme entails an open tendering process. Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have… Read More ›

Oil majors likely to get easy entry into CNG biz


To open the compressed natural gas (CNG) network in India, the ministry of petroleum and natural gas will soon seek Cabinet approval for CNG marketing guidelines. According to an official, the move will give CNG marketing rights to companies that have investment of at least Rs 2,000 crore in the oil & gas sector. “Companies such as… Read More ›