Merrill Lynch consolidates stake in Ansal Properties Merrill Lynch, one of the world's leading wealth management, capital markets and advisory companies, has consolidated its stake in Ansal Properties and Infrastructure Ltd (Ansal API) by 1.03 percent to raise its holding in the leading Indian real estate developer to 5.96 percent. 24 Aug 2008
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Nagarjuna Construction bags Rs.474 crore infrastructure orders India's leading infrastructure developer, Hyderabad-based Nagarjuna Construction Co. said it has secured three orders worth Rs.474 crore, including that of developing sports and associated infrastructure facilities for CommonWealth Games 2010 at North Campus, Delhi University, in New Delhi. 24 Aug 2008
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US Exim Bank to increase Indian infrastructure portfolio, enters pacts with ICICI Bank, others The Export Import (Exim) Bank of the US, the US government's official export credit agency, has signed an agreement with India's top private sector bank, ICICI Bank, to provide $250 million worth of credit support to international banks for financing of capital goods imports by Indian corporates from the US. 19 Aug 2008
RCom JVs with Alcatel-Lucent to provide managed network services India's second largest mobile services provider, Reliance Communications has signed a global joint venture with world's largest telecommunications equipment provider Alcatel-Lucent for managed network services (MNS). 13 May 2008
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Deutsche Bank's arm to foray into India's realty market with $1 billion investment RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank's Asset Management division, announced it has launched a new venture that will invest over $1 billion over the next three years in India's growing real estate market. 02 May 2008
