India
DP World completes 100% ownership of Chennai Container Terminal
Global marine terminal operator DP World has confirmed the company’s 100% ownership of the container terminal at Chennai Port, completing the buyout of its partners’ shareholdings in Chennai Container Terminal Pvt Ltd – Chettinad Logistics (20% stake) and the Jakari Group (5% stake). DP World’s focus on expansion of its terminal business in Chennai... »
Tata Realty and Infrastructure Limited & Jafza International form a Joint Venture
Jafza International, the global operation arm of Economic Zones World of Dubai, U.A.E. on Tuesday (October 30th) signed a 50:50 Joint Venture with Tata Realty and Infrastructure Ltd (TRIL), a 100% subsidiary of Tata Sons, India’s largest and respected conglomerate, to develop and operate a chain of business and logistics parks across India. The... »
DP World Cochin awards civil works contract for first phase of India’s largest terminal
DP World Cochin (India Gateway Terminal Pvt. Ltd.) today awarded the civil construction contract for the first phase of the International Container Transshipment Terminal (ICTT) at Vallarpadam to the Simplex Consortium, a publicly listed, civil engineering and construction company. This marks an important milestone in the development of the modern marine terminal on the... »
Bidadi brings in the crowds at Cityscape India
Limitless, the Dubai-based global real estate master developer, has burst onto the property scene in India by showcasing nearly $100 billion-worth of international projects at Cityscape, on now in Mumbai. And the company’s $12bn, 4,000 hectare Bidadi project – the first of many for Limitless in India – has attracted massive interest at the... »
Limitless pinpoints property purchase trends in India
Homeowners in India are getting younger, despite rising property prices, according to Limitless, the global real estate arm of Dubai World. The average age for buying a home in India is now 32, thanks to a sharp increase in personal income and easier access to mortgages. Just four years ago, people were, on average,... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum