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  • Archer and Parag guides Rajasthan Royals to nervy win over KKR by 3 wickets
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Business Economy


Shriram Properties, Xander sign Rs 2290 Cr deal for Chennai SEZ

Bengaluru, May 2 (UNI) Shriram Properties and Xander Group, a global
investment firm, have signed a Rs 2290 Crore deal which allows
Xander acquire 100 per cent interest in Shriram’s Gateway SEZ in
Chennai for Rs 1250 Crore with a further commitment of Rs 1040 Crore
towards expansion of the IT SEZ.
According to a release here today the deal involves 1.7 mn sq ft
of occupied and operational SEZ, and a partnership with Shriram
Properties to deliver the under construction 1.9 mn sq ft.
Shriram Gateway, is a 58-acre integrated township project
including office space, a shopping mall and residential apartments.
Shriram will continue to develop and own the residential and retail
components comprising 2.6 mn sq ft while Xander will have the
ability to develop an additional One mn sq ft of office space.
Commenting on the deal, the Xander Group Senior Partner Tohan
Sikri said that "this acquisition demonstrates our continued
interest in large, well-positioned assets with growth potential
across gateway cities in India, and nicely complements our existing
office portfolio."
UNI MSP RS CS 1250
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Dish TV launches ‘Watcho’; forays into original content for digital audience

Dish TV launches ‘Watcho’; forays into original content for digital audience

25 Apr 2019 | 7:33 PM

New Delhi, Apr 25 (UNI) Dish TV India Limited forays into the digital video content segment and announces the launch of its new OTT app ‘Watcho’.

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Xiaomi launches smartphones Redmi Y3 and Redmi 7 in Hyderabad

25 Apr 2019 | 7:02 PM

Hyderabad, Apr 25 (UNI) Xiaomi, India’s number one smartphone brand and number one smart TV brand, launched its all-new Redmi Y3 and Redmi 7 here on Thursday.

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realme first ever pop-up store to make its debut on Apr 27

realme first ever pop-up store to make its debut on Apr 27

25 Apr 2019 | 6:59 PM

New Delhi, Apr 25 (UNI) realme will be setting up its first ever pop-up store on April 27.

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Rupee down by 38 paise against USD

Rupee down by 38 paise against USD

25 Apr 2019 | 6:18 PM

Mumbai, Apr 25 (UNI) The Rupee on Thursday weakened past 70 mark to 70.25, down by 37 paise against the greenback, a 6 week low tracking declines in other Asian currencies amid continued strength in the dollar, dealers at forex market said.

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Amazon: Summer sale with thousands of deals from May 4

25 Apr 2019 | 6:15 PM

New Delhi, Apr 25 (UNI) Amazon.

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