Sify.com » Topics » Emaar MGF
Emaar MGF News
Emaar MGF to buy back Citibank stake
Real estate major Emaar MGF is in talks with Citibank International to buy back securities of Emaar MGF Land Ltd. Citibank International, a company incorporated in Britain, had invested $150 million (Rs 685 crore) in convertible securities issued by Emaar MGF in 2006. In the past month, Citibank has been scouting for probable banks and institutions to offload the papers at a discount. The deal between
Real estate major Emaar MGF is in talks with Citibank International to buy back securities of Emaar MGF Land Ltd. Citibank International, a company incorporated in Britain, had invested $150 million (Rs 685 crore) in convertible securities issued by Emaar MGF in 2006. In the past month, Citibank has been scouting for probable banks and institutions to offload the papers at a discount. The deal between
Emaar MGF may cut IPO size by half
Developer Emaar MGF Land plans to cut its initial public offering (IPO) to about Rs 2,000 crore, half the size it announced earlier this year, two sources with direct knowledge of the matter said
Realty IPOs face fresh market heat
Firms such as Oberoi, Neptune, Sahara have reduced their fund-raising ambitions. The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom
Firms such as Oberoi, Neptune, Sahara have reduced their fund-raising ambitions. The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom
Tara Health Foods withdraws IPO after poor response
The initial public offer (IPO) of Tara Health Foods has been withdrawn, as poor investor response saw the institutional portion remaining under-subscribed till the closure of the issue on
Emaar MGF to launch IPO
Emaar MGF, one of the leading real estate developers in the country, said it was planning to launch its initial public offering (IPO) in the next 90 days. The company plans to raise Rs 3,500 crore
If buying a house for investing, wait
There has been a rise in prices, but not enough push is foreseen in the short term.
There has been a rise in prices, but not enough push is foreseen in the short term.
© Copyright Sify Technologies Ltd, 1998-2011. All rights reserved. India News Portal, Sify.com hosted at SifyHosting India's first Level 3 Internet Data Centre.
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise