Tag Archives: Holding Company

Unitech plans to merge all its telecom arms

December 26, 2008 – 2:12 am

Real estate company Unitech is planning to merge all its eight telecom subsidiaries to consolidate and better manage the telecom business.
Each subsidiary typically has licences for three to four circles and together, they cover all 22 telecom circles in the country.
“We do not intend to form a holding company for our telecom venture, but will [...]

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Mauritian firms to buy 60% in Forum Ventures

December 22, 2008 – 12:26 am

Mauritius-based Landmark Special Opportunities Company (LSOC) and Landmark Real Estate Fund (LREF) are picking up around 60% stake in Kolkata-based realty company Forum Ventures for close to Rs 100 crore, a person involved in the transaction said.
The transaction involves issue of 10 crore fresh equity shares and transfer of the same to the two Mauritius [...]

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Sahara Prime City to raise Rs 2000 crore to build townships

November 20, 2008 – 1:28 am

Realty firm Sahara Prime City said it would raise Rs 2,000 crore in the next 12-18 months to part fund development of 217 integrated townships across the country.
The company, which is planing to invest the amount in the first phase of the plan that will see development of 102 townships, is looking at both debt [...]

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