Punj Lloyd announced the acquisition of Singapore-based semb Corp engineers & constructors (SembE & C).
Punj Lloyd Pte Ltd., Punj Lloyd’s wholly owned subsidiary in Singapore has already acquired 88% stake in SembE & C at a consideration of Singapore $35.2 million.
The company is confident on acquiring the rest 12% stake on or before December [...]

SREI Infrastructure finance, a chief construction & infrastructure financing firms, is planning to enter real estate financing.
SREI will develop an autonomous company for the planned venture. The plan is now in advanced stages for building an asset base.
Suneet K Maheshwar, the company’s executive director said that the group has conceptualized the fund for real estate [...]

Life insurance was considered to be the epitome of prospects for agents who were into buying a policy. However banks experienced better margins in mobilizing premiums for insurers than in raising deposits, a few years ago. Now retailers are discovering that customers who walk into buying groceries can be offered policies worth Millions.
UK pioneered shopassurance. [...]

DHL has announced its decision to continue to invest in India. So far, the group has invested over $1.6 billion in Asia Pacific, out of which $250million is in India and the country is surely going to enjoy more of it.
According to Scott price, CEO of DHL Express Asia Pacific, China consumed a lot [...]

Dear friends,
We see a gap…!!!!!
Sensex has left a gap on friday between 9589 and 9703 which remains to be filled. Though we expect sensex to touch 10250+ in short term we are of the view that the gap too must be filled. So what should one do? One needs to sell at every rise to [...]

Pvt. Equity is a newly generated passion of India Inc. It promises to intensify the competition in an already crowded sector.
Many domestic corporate & financial houses are queuing up to make an entry into the Private Equity (PE) space.
Companies such as future group & Religare have endorsed their fund commitments to get a share of [...]

Goldman Sachs Group, a consortium led by US investment bank, is preparing a £10-billion bid for British airport operator BAA.
This step will be taken forward as a response to an increased offer from Spanish construction firm Grupo Ferrovial. It is expected to increase its £9.73-billion bid for the airport group on Monday.
The paper stated the [...]

Middle east region has become the central point of attraction for nearly 400 airport & aviation suppliers who are emulation for lucrative contracts.
This would result in the airport development & expansions worth more than $40 billion and $20 billion out of this estimated amount will be invested in UAE alone.
The airport Build & supply exhibition, [...]

Intensifying the expansion initiative, Gati Asia Pacific Pte Ltd, has recently endorsed Singapore as its regional head quarters for Asia-Pacific.
According to Mahendra Aggarwal, MD & CEO of Gati Ltd., the company opted for Singapore as its “efficient air & sea connectivity & conducive environment with a legal & financial system”.
The India-centric strategy will remain as [...]

General electric company is fully charged up to beat any competition including one that does not even exist. Here, we are talking about filling the largest tax return.
GE filed a 24, 000-page tax return to the internal revenue service this month & this was done electronically that eventually consumed 237 megabytes.
This has made GE, [...]