Volvo Construction Equipment (VCE), a wholly owned subsidiary of Swedish truck maker AB Volvo, aims to achieve its highest sales ever in India this year, with a target of 2,000 units. The Indian arm, which opened in 1997, has been growing at 20-30% every year at par with the industry, Mritunjaya Singh, managing director of [...]

Singaporean sovereign wealth funds are enjoying an Indian summer. The Government of Singapore Investment Corporation’s investment in hotels in Asia’s third largest economy follows the state’s Temasek buying into India’s National Stock Exchange. Pacifica Partners, a joint-venture hotel investment company between GIC’s real estate arm and New York-listed Host Hotels and Resorts, has taken a [...]

Bangalore: If all goes well, then property owners who lose large portion of their land for road-widening may be compensated with a BDA site. However, this does not mean the site will be free of cost but the land-loser will be given preference in allotment of site. BBMP is mulling this option to lure property [...]