Euro zone inflation reaches six-year maximum in October
In October, euro zone inflation demonstrated its fastest tempo for almost six years, powered by energy prices…
Brigade Enterprises purchases Bengaluru land from SAB Miller for Rs218 crore
Realty company Brigade Enterprises bought 12.95-acre land parcel from SAB Miller India in north Bengaluru’s Yeshwantpur area for about Rs218 crore.
Brigade purchased up to 50 acres from Karnataka Industrial Area Development Board in north Bengaluru. The Bengaluru-based developer is on the verge of building a large housing project on that land.
The given acquisition has been carried out via Brigade’s subsidiary Brigade Infrastructure and Power Pvt. Ltd.
Additionally, Brigade has a joint venture with GIC Pte Ltd, a sovereign wealth fund. Under the entity Brigade Properties Ltd, both companies jointly identify and purchase land. In 2015, the last transaction took place, when they purchased a 15.8-acre land from Kansai Nerolac Paints Ltd in Chennai for Rs550 crore. It turned to be one of the most crucial deals in the city.
During the period January-September 2017 up to 21 land deals have been closed, across eight cities, including New Delhi-National Capital Region, Mumbai, Pune, Bengaluru and Hyderabad.
Similar
Weekly Cryptonews
The crypto market experienced huge losses during this week. What are the reasons?
Japanese exports rebound in October
In October, Japan's exports rebounded following dives provoked by a series of natural disasters…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
