Property market across Indian cities is becoming more attractive to non-resident Indians as rupee exchange value falls
Mumbai
Abu Dhabi Investment Authority
Indebted Indian lender IL&FS outlines restructuring proposal
Investors in IL&FS include Abu Dhabi Investment Authority, India’s largest life insurer, Life Insurance and Housing Development Finance, India’s biggest mortgage lender.
algorithmic funds
Growing up: Pantheon’s Kalpesh Kinariwala
The chairman of Pantheon Group, Kalpesh Kinariwala, discusses his unique evolution to chemical distribution, algorithmic investing and real estate development
DP World
Dubai’s DP World to set up base at JNPT-SEZ, Mumbai
Hindustan Infralog Pvt. Ltd., the Indian arm of Dubai-based DP World, leased teh 44-acre plot for $783 million
Aviation
Jet Airways flight returns to Mumbai with 30 ‘bleeding’ passengers
The flight 9W-697 with 166 passengers and five crew, was forced to return back to Mumbai shortly after take-off
2018 Asia Cup
India’s King Kohli set to miss Asia Cup tournament in the UAE
Batsman Rohit Sharma will lead the 16-member squad in Kohli’s absence during the regional six-team competition to be held from September 15-28
Air India
Air India flight returns to Jeddah due to mid-air problem
Air India’s indirect flight was bound for Hyderabad then Mumbai
currency wars
India’s central bank raises interest rates to highest in two years
Central bank governor raised the prospect of global currency wars as country attempts to shore up the rupee and tackle inflation pressures
affordable housing
Bahrain’s GFH inaugurates first township project in Mumbai
Wise City will open phase one with up to 5,500 affordable homes in a joint development between Whadwa Group and Valuable Properties
Dubai Investment Outlook 2018
UAE-India trade set to hit $100bn by 2020
Dubai FDI completes investment roadshow to three Indian cities
Chennai
Emaar said to be mulling sale of hotel, land assets in India
Sources say Dubai real estate giant has started process of selling 90-room hotel in Jaipur
Dubai Land Department
Dubai to target key Asian, European cities in real estate push
Dubai Land Department says will hold property shows in Shanghai, Mumbai, Moscow and London in 2018
Abu Dhabi International Airport
Etihad flight diverted after cow strays near Indian runway
Abu Dhabi to Ahmedabad flight reportedly diverted to Mumbai for safety reasons
Hajj pilgrimage
Saudi Arabia and India to revive sea route for Haj
A cost-effective method for pilgrims from the sub-continent to be reopened for 2018
Emirates NBD
Dubai’s biggest bank launches operations in India
Move by Emirates NBD comes as a third of its customer base is from India