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 [...]

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 [...]

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 [...]

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 [...]

Land holdings of major real estate players are the main focus of the market these days. The key players in this field are the Sahara group, DLF & Omaxe with large land banks, low-profile players like Unitech, which recently shot into limelight with a Rs.1, 582crore deal to buy 340acres at Noida. These key players [...]

If you are putting your money somewhere then Real Estate is the place. This is what most of the people might be saying in India. The way the reality sector has been performing and the way the property prices are soaring up, every one is comming up with some real-estate or infrastructure project in India. [...]

Law of the land determines the fate of the Nation. Development of a Nation also depends on the law maker, the law made by them, legal system of the country, the administration, rules and regulations and the enforcing and the governing body. It is said that if a law is well made and it has [...]

Often do we come accross news about someone or the other fiddling with technology or machines to commit a fraud or to steal people of their hard earned income. We do hear stories about someone trying to break into the ATMs or people using fake credit cards/debit cards. Finaly, the UK government has taken a [...]

Whenever I had to visit the courts, certain things amused me. Out of all those, what sounded dramatic to me was the use of the referal phrase “My lordship” or “My Lord” by the lawyers for the Judges. It used to sound so unreal and dramatic. Finaly its going to be a thing of past [...]

Fuelled by the Reserve Bank of India keeping interest rates stable, the benchmark sensex zoomed for the second day in a row to close at a new high of 11,821.57 points on fund-based buying. Reserve Bank today kept the interest rates unchanged to sustain the investment boom, as it forecast a 7.5-8 per cent growth [...]