Tag: Stock

Land sale Talk Buoys Maharaja Shree Umaid Mills

Maharaja Shree Umaid Mills is close to selling off its 22000 square yards of property in downtown Jaipur, which housed its registered office. According to market sources, property is fetching the company around Rs 200 crore. Mr L. N. Bangur, Chairman and Managing Director of the company, told that until the company received the consideration […]

India Real Estate Infra Fund Looking For $100 mn Mop-up End June

MUMBAI: Mauritius-based India Real Estate Infrastructure Fund’s first round of fund raising exercise will come to an end by June by which it plans to mop up one hundred million dollar. Launched in January, the fund targets a mop-up of two hundred fifty million dollar from across the world for private placements in Indian real […]

Stock To Watch

MUMBAI: Equities are seen opening flat-to-negative on Tuesday amid quiet global cues. Crude oil’s record high spike to the $127 mark will weigh on sentiment. Essar Oil’s refinery expansion project at Vadinar may turn out to be the only such upcoming project to be denied a 100% tax holiday available to refinery projects. This follows […]

Sayaji Hotels To Invest Rs 20 Crores In New Hotel At Indore

The Board of directors of Sayaji Hotels Ltd has approved to invest Rs. 20 crores for the project of budget hotel At Indore. It will be a 175 room’s mid segment budget hotel. This 175 room Hotel will be operational from 2010 and will be developed and operated under the wholly owned Subsidiary Company named […]