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Hot US real estate a potential red flag
Mar 2017 , by in INTERNATIONAL

The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said, urging regulators globally to consider tools beyond interest rates that could help cool the sector. A sharp downturn in U.S. residential and commercial property prices in... Read more...

China’s top solar module maker eyes India Play
Mar 2017 , by in ALLIED

GCL-Poly Energy Holdings Ltd plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talks with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, whi... Read more...

Disinvestment move by SAIL causes apprehension
Mar 2017 , by in ALLIED

A request for proposal floated by the Steel Authority of India Limited (SAIL), a government-owned enterprise, from qualified bidders for engagement of asset valuer, legal adviser, and transaction adviser for disinvestment in Visvesvaraya Iron and Steel Plant (VISP), Bhadravati, has created apprehens... Read more...

SC warns Sahara of auctioning Aamby Valley
Mar 2017 , by in News/Views

The Supreme Court cautioned the Sahara Group about the possibility of auctioning its prime property worth Rs 39,000 crore at Aamby Valley in Pune in case the company is unable to repay investors Rs 5092.6 crore by April 17. “We will auction your [Sahara’s] Aamby Valley project if the money is... Read more...

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