Top Stories

 Tata Realty, StanChart JV seals big-ticket land deal with M3M India

Swet Sarika

A joint investment platform of Tata Realty and Infrastructure Ltd and Standard Chartered Private Equity has concluded a deal to buy a piece of land from Gurgaon-based developer M3M India Pvt Ltd, in the biggest land transaction in Delhi-NCR in almost a year-and-a-half.

Air India chief Ashwani Lohani in fray for Railway Board chairman’s post

Deepak Kumar Sahu

State-run Air India’s chairman and managing director Ashwani Lohani is in the race to be the next chairman of the Railway Board, said two railway ministry officials requesting anonymity.

The current Railway Board chairman A.K. Mital’s term comes to an end in July 2016.

 Exclusive: Sabre Partners part exits Man Infraconstruction at a loss

Bruhadeeswaran R

India-centric mid-market private equity firm Sabre Partners has sold around half of its remaining stake in Man Infraconstruction Ltd booking a loss on its eight-year-old investment.

How Brexit will impact Indian developers’ London dreams

Swet Sarika

Britain’s decision to exit from the European Union will likely make it difficult for Indian developers Lodha Group and Indiabulls Real Estate Ltd to profit from their multi-million-dollar bets in the near term but property buyers could benefit as prices fall and the pound weakens.

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