New-Delhi-based Parsvnath Developers is in the process of raising Rs 100 crore by way of refunds from various state governments due to cancelled or stalled projects. The developer wants to monetise the delayed projects since it sees no possibility of g…
The government today said it will award four expressway projects, stretching up to 1,000 km, by the end of the year. The Transport Ministry had in November 2006 proposed four Expresways–the Vadodara-Mumbai, Bangalore-Chennai, New Delhi-Meerut and Kol…
Omaxe Ltd, the New Delhi-based real estate developer, is looking to raise over Rs 800 crore by March end through qualified institutional placement (QIP) of shares. It plans to utilise the proceeds for debt repayment and acquisition of cheaper land. The…