Real Estate: Machani Ananda rebrands to Svasa Homes

By Accommodation Times Bureau   Machani Ananda, by Machani Infra Development Corporation (MIDC) today announced the rebranding of Machani Ananda to Svasa Homes. The new identity was launched in the presence of Ramesh Machani, Chairman of Machani Group, at the new Svasa Homes property in Basavanagudi. Svasa Homes will execute marketing campaigns both

Merger of Lakshmi Vilas Bank – Indiabulls Housing Finance not approved yet: RBI

By Accommodation Times Bureau NEW DELHI: Reserve Bank of India (RBI) on Saturday said that the merger of Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance Limited (IBHFL) has not approved yet. RBI issued a statement in which it said, “It is clarified that the merger announcement does not have any approval of

Baring Private Equity Asia to Acquire 30% Stake in NIIT Tech for Rs 2,627 Cr

By Accommodation Times Bureau NEW DELHI: Baring Private Equity Asia (BPEA) a capital market company has signed an agreement with NIIT Technologies Limited to acquire 30% stake in NIIT Technologies for Rs 2,627 crores, the joint statement said. BPEA will make an open offer to the public shareholders of NIIT Technologies to purchase