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1.Canada Pension Plan Investment Board to invest up to $600 mn through NIIF

The agreement includes a commitment of $150 million in the NIIF Master Fund and co-investment rights of up to $450 million in future opportunities.

2.Shree Cement to raise over Rs.20 bn through QIP

Shree Cement is at an advanced stage of raising more than Rs.20 bn through a qualified institutional placement (QIP) offering.

3.We are fortunate to have entered the AWP industry

Established in 2009, Reach International is a construction equipment rental company that works for height solutions, man and material handling.

4.25,000 Crore Fund for Real Estate

Considering banks have turned completely averse to funding real estate or infrastructure (ICICI has shut down its project finance division that funded infrastructure), the announcement of a Rs 250 billion fund is a lifeline.

5.Grand Financiers Meet

Doosan Bobcat India hosts its Grand Financiers Meet at its Chennai plant.

6.Attitude for altitude

Beginning its operations in 2002, Delhi Metro Rail Corporation now has a route length of 296 km, making it the 12th longest and 16th largest in daily ridership.

7.We are evaluating new acquisitions and partnerships to further our growth momentum

The company has developed and constructed over 50 projects, including residential complexes, commercial complexes and IT parks, covering a saleable area of ~15 million sq ft

8.Magicbricks Generates 40,000 intending buyers for properties worth Rs 5,000 crore during Dream Homes Festival-Season 3

Signalling the revival of the customer sentiment, the third edition of Magicbricks Dream Homes Festival in association with ICICI Bank, as the exclusive banking partner, was a success as the month-long housing carnival generated nearly 40,000 intending buyers for properties worth Rs 5,000 crore put up on India’s property site Magicbricks.

9.Founder Samir Jasuja buys back PropEquity from US hedge fund, eyes $100 million IPO in two years

PropEquity’s founder Samir Jasuja has bought back the complete stake from its US based hedge fund investor and now completely owns PE Analytics, which owns PropEquity.

10.Abu Dhabi Investment Authority to invest $1 billion in the NIIF

Abu Dhabi Investment Authority (ADIA) will soon be investing $1 billion in the National Investment and Infrastructure Fund (NIIF), indicate reports, thus aiding India in raising equity funds for the development of its infrastructure.