Month: June 2014

Mid-East investors to spend USD 180 bn in global real estate

Investors from Middle Eastern countries are expected to spend USD 180 billion in commercial real estate markets outside their region over the next decade with Europe being the preferred target, according to a latest study.           Read More

Dubai bubble threat is for real

Property prices in the city moving towards unsustainable levels on back of economic boom           Read More

Buyer power: Global brokers bring in best practices

According to industry estimates, there are close to 30 lakh brokers across the country but only few have had any training or certification           Read More

Top companies spent 23% of their operating profit on servicing debts in FY14

Companies spent a higher proportion of operating profit on servicing debt, which was at a record level in FY14, as falling demand led to reduction in capacities installed by raising additional debt.           Read More

KV Kamath welcomes Infosys’ CEO designate Vishal Sikka

Sikka, who will also be the company’s MD, quit SAP in May. He comes in at a time when Infosys has had four straight years of narrowing margins.           Read More

Vishal Sikka to take over as Infosys’ new CEO & MD: What he had to say

“Infosys has put India on the map of the digital world. I am honoured to lead Infosys, which is an iconic company built by pioneers,”           Read More

Judges, bureaucrats, politicians in HUDA multiple-plot list

A number of former high court judges, senior bureaucrats, top police officers and politicians got more than one plot each under the Haryana Urban Development Authority’s (HUDA) discretionary quota or direct allotment scheme, according to the HUDA website.           Read More

Housing finance schemes get new thrust

A slump in demand for residential real estate has seen innovative financing schemes like the ’80:20′ and ’75:25′ schemes return to the market in a different avatar.           Read More

Finance Minister Arun Jaitley to meet India Inc tomorrow

The industry wants the new government to take steps to boost the manufacturing sector, which has remained stagnant in the past two years.           Read More