India Developing, but still a long way to go

[ajay]

Delhi, Hyderabad airports among top in the world - The Times of India



Delhi, Hyderabad airports among top in the world

 

[Gin ka Pakistan]

India has trade deficit (80 billion) and having trade surplus like China still a long way to go

 

[ajay]

India has trade deficit (80 billion) and having trade surplus like China still a long way to go

Was that got to do with this thread?

 

[ajay]

To open 2011 Shangri-la hotel

 

[GLOBAL HAWK]

Thanks for the pics, this ones the Novotel hotel , much time was spent there during my stay in Hyd. Cheers

R U sure?
the pic dont say anything like a hotel, instead says convention centre

 

[Anonymous user]

R U sure?
the pic dont say anything like a hotel, instead says convention centre

Yep 100%, I even remember there's a candy shop on the left of the door and the hotel is on the right hand side but cut off from the picture. Its part of Novotel but not sure why the name wasn't on top too

 

[Dalai Lama]

sorry you get me wrong,but India no doubt is developing rapidly but i don't think it is a rising super power.....

India is not a rising superpower but it has enough political and military weight to be considered a regional if not global power.

 

[Water Car Engineer]

World Bank backs India's infra plans

The World Bank has endorsed India’s plans for investment in infrastructure during the next five years. Infrastructure sector analysts see in this endorsement a positive signal from the World Bank and likely assistance from the multilateral financial institution.

“I am not privy to any document with regard to the 12th Five Year Plan. However, the government will have to be ambitious on the development of roads, urban infrastructure, water supply and sanitation, power and agricultural production. The proposed investment is clearly an ambitious one. It also reflects the level of ambition,” World Bank Vice-President (sustainable development) Inger Andersen told Business Standard.

India’s proposed investment of over $1.3 trillion in infrastructure during the 12th Plan period reflected the level of its ambition, said Andersen. She was speaking to Business Standard on the sidelines of the launch of the World Bank report on “Empowering rural India: expanding electricity access by mobilising local resources”.

Andersen’s views are crucial, especially when the government plans to almost double the infrastructure spending to over $1.3 trillion in the 12th Plan from $500 billion in the 11th Plan.

She said India was a global player in politics, finance, infrastructure and information technology. “I fully endorse India’s inclusive growth agenda. Even when there has been increase in growth, there is poverty in the country. Therefore, there is a need for sustainable development and equitable distribution,” she said.

On the issue of subsidy allocation, Andersen said it was not prevailing in India alone, but in other countries, too. “There are well-off people as well as those who cannot afford a single day meal. Subsides are essential. However, the only consideration should be such subsidies be given to the neediest and in a right manner.”

World Bank backs India's infra plans

 

[GLOBAL HAWK]

Yep 100%, I even remember there's a candy shop on the left of the door and the hotel is on the right hand side but cut off from the picture. Its part of Novotel but not sure why the name wasn't on top too

The Reason I ask u bcoz in 2006 I had to manage a Team at MS and during my stay there, i had been to HITEX , I havent seen any hotel signs there.
So i was just being curious, hell yeah its been 4 yrs , u might be correct

 

[Anonymous user]

The Reason I ask u bcoz in 2006 I had to manage a Team at MS and during my stay there, i had been to HITEX , I havent seen any hotel signs there.
So i was just being curious, hell yeah its been 4 yrs , u might be correct

I was in Hyd around 06 - 07 too, this is the closest I can find to it. Some dude took a picture it has the Novotel logo behind, unfortunately the hotel is behind him lol
http://www.flickr.com/photos/spacejaq/314500612/in/set-72157594406074351/

 

[true_indian]

I was in Hyd around 06 - 07 too, this is the closest I can find to it. Some dude took a picture it has the Novotel logo behind, unfortunately the hotel is behind him lol
IMGP2553.JPG | Flickr - Photo Sharing!

That's not Novotel hotel this is.

This is Novotel convention center.

 

[Anonymous user]

That's not Novotel hotel this is.

This is Novotel convention center.

The convention center and the hotel are next to each other, the picture you have is the back part facing the swimming pool and the lake. The pictures above are the front of the hotel with the roundabout and the drop off point

 

[true_indian]

The convention center and the hotel are next to each other, the picture you have is the back part facing the swimming pool and the lake. The pictures above are the front of the hotel with the roundabout and the drop off point

I know. My only point was you cannot stay at HICC. Hotel rooms are actually in a different building. Other than that you are right, they are both part of Novotel.

 

[Water Car Engineer]

Indraprastha Vihar Township Project in Jaipur(Work in progress)

 

[Water Car Engineer]

NEW DELHI: Realty firm Ansal Properties & Infrastructure plans to raise up to Rs 350 crore within this year from private equity players by diluting its stake in various projects to fund its ongoing construction activities.

According to sources, Ansal API is in talks with 4-5 private equity firms to raise USD 50-75 million by diluting stakes in 3-4 townships, being developed in North India.

"The company is aggressively pursuing its development works and is in talks with various PE firms... It is almost in the final stages of negotiations with Red Fort Capital (RFC) for its Gurgaon township -- Esencia," a source said.

RFC is likely to pump in over Rs 150 crore in the project for "some" stake, he said.

When contacted, Ansal API CEO and Joint Managing Director Anil Kumar declined to comment on the development.

The Gurgaon township is being developed in 112 acres of land with about 3 million sq ft of saleable area.

Besides, the company is in advanced stages of discussions to close a deal for Sushant Golf City in Lucknow. It is tying up with a PE fund for a special purpose vehicle, comprising some of the projects within the township, sources said.

In Lucknow, Ansal API is developing a 3,530-acre hi-tech township. Besides, it is also exploring possibilities to raise money from one of its townships in Greater Noida.

Last year, the company had raised Rs 231 crore through private placement of shares to institutional investors for reducing its debt and execute ongoing projects.

Sources said the company is also consolidating its land bank in Gurgaon. It is acquiring 40-50 acres of land for developing group housing projects.

The company currently has a net land bank of over 8,500 acres in various locations across the country.

Last week, Ansal API had reported 4.81 per cent jump in its consolidated net profit for the quarter ended December 31, 2010, at Rs 32.93 crore compared to Rs 31.42 crore in the corresponding period previous year.

The consolidated total revenue during the third quarter of this fiscal increased by 6.50 per cent to Rs 353.17 crore from Rs 331.60 crore in the year-ago period.

Ansal plans to raise up to Rs 350 cr from PE deals in 2011 - The Economic Times