DLF’s wholly owned subsidiary — DLF Home Developers — has entered into a non-binding Term-sheet with a fund managed by Hines (a privately owned global real estate investment, development and management firm) for forming a 51:49 partnership to develop a high-end commercial project on a land parcel of 11.76 acres …
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Victory Paper gets nod to start Aluminium Roofing sheet production
Victory Paper and Boards India has received an approval from its board to start Aluminium Roofing sheet production. The company decided to purchase Aluminium roofing sheets and manufacturing machines from Anna Aluminium Company together with the factory for lease at Avinashi, Coimbatore, for roofing sheet business. The Board of Directors …
Read More »Moderate warming could melt East Antarctic Ice Sheet
Parts of the world’s largest ice sheet would melt if Antarctic warming of just 2°C is sustained for millennia, according to international research. University of Queensland scientist Dr Kevin Welsh was part of a team that used evidence from warm periods in Earth’s history to see how the East Antarctic …
Read More »Nirav Modi, bank’s ex-chief among 22 named in CBI charge sheet
These fraudulent guarantees enabled Nirav Modi to secure loans from overseas banks which he siphoned off, the CBI alleged. The scam pertains to the alleged issuance of fraudulent Letters of Undertakings of more than USD 2 billion to companies of Modi and his uncle Mehul Choksi by the Punjab National …
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