Tag: India Property

FIPB Clears Rs 100 Crore FDI

Real estate investment division of JP Morgan Chase is possibly to pick up about 18% stake in Core Hotels Ventures for one hundred crore rupees with the Foreign Investment Promotion Board clearing the proposal. The suggestion of J P Morgan India Property Mauritius Company II will now go to FM P Chidambaram for final authorization.

Adidas Will Expand Business In India In 2008

Sports brand Adidas has pronounced strategy to add One hundred twenty five franchise outlets to its India retail network in 2008. As said by Andreas Gellner, managing director at Adidas India Marketing, the count is set to rise to four hundred fifty by the end of the year, from the existing count of three hundred […]

Modern India disclosed investment plan

Mumbai-based Modern India Ltd has planned two thousand crore rupees investment plans for Rajasthan. Further, it also plans to construct a five-star hotel in Udaipur and a special economic zone (SEZ) in other parts of the state.