theindiastreet

By Vipin Agnihotri

Lucknow, India: If the Indian government fails to meet its deficit reduction targets, the overseas borrowing costs of Indian companies could increase over the next two years. You may ask: Why is it so? This is because failure to meet deficit reduction targets can adversely impact the sovereign credit rating of the country.

By F. Colton

I have recently read about a few laws the India Government has passed to slow the real estate market in India. The false claim that too many foreign real estate funds are driving up real estate values is complete rubbish. First and most importantly, I can count on two hands the number of foreign real estate funds that have actually invested money on a real estate project in India. It's just not happening like the media claims. Foreign Real Estate funds find the India market appealing, but it still lacks the transparency available in other more mature markets.

By Vipin Agnihotri

HDFC is chartering an aggressive expansion plan to leave footprints in all districts in the most populous state of the country, Uttar Pradesh in a phased manner. The bank is all set to come up with hub and spoke model to reach out to its prospective rural clients. Neena Singh, executive vice president of the bank pointed this out in an exclusive chat to The India Street.

By Vipin Agnihotri

Indian government may minimize custom duties on number of items to keep inflation below 5 percent. Finance Minister P Chidambaram, while talking to The India Street said government was ready to take further fiscal steps to control inflation and keep it below 5 percent.

By Dhruva Jyoti Chowdhury

Kolkata, India: The real estate giant are now coming up with a bang. DLF has got the nod from Securities & Exchange Board of India (SEBI) for its Initial Public Offering (IPO), which is expected to raise a record Rs 13,600 crore.

If all goes well, DLF’s market capitalisation is expected to be around Rs 1,05,00 crore, equivalent to $25 billion, which will place DLF at seventh position in market capitalization rankings in the world. And after the IPO, DLF Universal’s promoter KP Singh will be among the richest Indians.

New Delhi, India: With more than 35 big-ticket foreign funds having alreadychecked into the real estate sector India, global realtors, banks and bondhouses from New York to Jerusalem are suddenly finding the opportunity toinvest in India irresistible.