Akruti Nirman to invest 15 bln rupees in Pune
MUMBAI (Reuters) - Mumbai-based real estate developer Akruti Nirman Ltd said on Thursday it plans to invest 15 billion rupees to expand operations in Pune.
Akruti said it had acquired 150 acres in the city and planned to develop 12 million square feet over the next three years. This would include residential and commercial complexes, hotels and special economic zones, it said in a statement.
Ahead of the announcement, Akruti shares ended 1 percent higher at 995.65 rupees, in a strong Mumbai market.
© Thomson Reuters 2009 All rights reserved
UK joins G20 push for world levy on banks
Britain threw its weight behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change. Full Article | Full Coverage
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
