Tag: Goldman Sachs

DLF gains much after Goldman Sachs upgrade

April 30, 2012 – 4:13 pm

Reuters Market Eye – India’s biggest real estate developer DLF (DLF.NS) rose 3.2 percent to 188.10 rupees after Goldman Sachs upgraded its rating on the stock to “buy” from “neutral” and raised its 12-month target price to 264 rupees from 252 rupees. Goldman cited a pickup in residential launches, a recovery in commercial property, easing interest rates, […]

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ICICI Venture May Raise Three Billion Dollar

May 19, 2008 – 6:14 am

ICICI Venture, the private equity wing of ICICI Bank, plans to raise three billion dollar from its 2 funds including equity and a real estate fund. A senior ICICI Venture executive told that they will raise $1.5 billion from both these funds. The ICICI Venture executive said the company expects to generate most of the […]

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Country Club Pride of Hyderabad acquiring properties in Dubai, Bangkok

April 1, 2008 – 7:01 am

Hyderabad-based Country club ltd. is now ready to expand its horizon through getting hold of properties in Dubai and Bangkok. People close to the deal told Business Line that Country Club is in advanced stages of negotiation to buy an existing hotel property in Dubai. The sources said that the price of property will be […]

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Uppal Public Offer Rs 3000

January 28, 2008 – 7:07 am

Uppal Housing Ltd has planned to raise Rs 3000 crore fund through IPO i.e. Initial Public Offering of shares and pre-initial public offering placement this year for its ongoing projects. This plan will come to reality in second half of this year. Mr. Ajay Mangal, Director, Finance, Uppal Group said, “We are looking to dilute […]

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Foreign Direct Investment might show sharp growth

January 12, 2008 – 7:56 am

Real estate is expecting $400-500 million worth of FDI flow. These expectations are being guided by the going on trends in investment industry. Investors and developers are showing their interests in metros as well as in smaller cities too. Investments are going on in Bangalore, Delhi-NCR, Mumbai and Pune because of the high demands. On […]

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