Tag: J P Morgan

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.

Indian Firm In S And P Asia Property 40 Index

The sharp fall in shares of realty majors in India has meant that not a single Indian real estate company figures in Standard & Poor’s Asia Property 40 Index. The index comprises forty Asian realty companies listed in terms of market capitalization, an S&P release said on Monday. From a year high of 13848.09 on […]