Blogs
IT or Software Technology Infrastructure in India
Software Technology Parks of India (STPI) is a society set up by the Department of Communication & Information Technology, Government Of India in 1991, with the objective of encouraging, promoting and boosting the Software Exports from India.
Red Fort Capital to Invest in Indian Real Estate Sector
Red Fort Capital, an international private equity fund, is planning to invest Rs 3,500 crore in the country’s real estate sector during the next one year.
It has also launched a domestic fund few weeks back through which it plans to raise funds. The proceeds would be deployed into non-foreign direct investment projects. The first closing of the 6-year domestic fund would be in May, 2008.
Taiwan in talks with AP for 2,500 acre SEZ in Hyderabad
Taiwan is in talks with the Andhra Pradesh government to set up a 2,500-acre SEZ, with an initial investment of $600 million. The proposed SEZ will host businesses from diverse areas such as Information Technology, food processing and shoe manufacturing, to name a few. While capital has already been raised for the project, the Memorandum of Understanding is expected to be inked sometime next month.
Deutsche Bank to Invest in Indian real estate with Nagarjuna
Deutsche Bank's alternative investment management business, RREEF Alternative Investments (RREEF), plans to invest a further $1 billion over three years in India's real estate and infrastructure sector, said a top company official.
Kishore Gotety, country head of RREEF India Advisors Private Ltd., said the company has invested about $70 million in another Indian company, Golden Gate Properties Ltd., which is involved in primarily residential apartment projects in southern India.
Alpha G:Corp & Global Education Management Systems (GEMS) Tie-up in Karnal
Global Education Management Systems (GEMS), the World’s largest provider of private education in the K-12 segment have partnered with Alpha G:Corp Development Private Limited, one of the fastest growing professional real estate companies in India, to set up an international school at Karnal in the State of Haryana. The school would be located within the Alpha International City, Karnal, and will be spread over an 8-acre campus.
