Search Results for: equity investors

Abercrombie & Fitch

Abercrombie & Fitch CEO Mike Jefferies Steps Down

Michael Jefferies, the controversial CEO of Abercrombie & Fitch stepped down from his post on Tuesday effective immediately, marking the end of a two-decade long career that saw several ups and downs. Dec 10, 2014
real-estate-sector-witnesses-a-growth-in-assam

Real estate sector witnesses a growth in Assam

Guwahati, Dec 10 (ANI): Guwahati city in Assam is a growing hub for trade and commerce activity in the Northeast. And, this has opened up new vistas for the real estate industry. Shopping malls, showrooms, apartments and hotels - the changing face of the city has made it a favorite destination for investors. Real estate developers are venturing in to the city to tap the potential. In recent years, the city, like most of the other bigger cities in the country has witnessed a sharp rise in the demand for flats, both for residential and commercial purpose. A large number of real estate developers, including from abroad, are eying to develop housing and commercial infrastructure in Assam. They participated in a recently concluded four-day long Realty summit. Organized by the Assam Real Estate and Infrastructure Developers' Association (AREIDA), it invited experts from various infrastructure development related fields to discuss wide range of issues. The exhibition gave a chance to the public to know about the various housing projects and home development items besides a chance to avail loans from a number of banks. Dec 10, 2014
insurance-bill-likely-to-be-passed-in-current-session-of-parliament-politicos-react

Insurance Bill likely to be passed in current session of Parliament, politicos react

New Delhi, Dec 09 (ANI): The Congress has reportedly dropped its opposition to the insurance bill with the select committee of Rajya Sabha proposing an increase in the foreign equity investment to 49% from the present 26%, paving the way for possible passage of the 10-year-old reform legislation during the current session. The BJP said that the bill is likely to be passed in the current session of the parliament as the suggestions made by various parties have been incorporated. The Insurance Bill, which was heavily debated during the monsoon session of the Parliament in August, was sent to a Select Committee of the Rajya Sabha, after the government was unable to garner the opposition's support for it. Dec 9, 2014
Uber Cabs

Uber Starts Operating in Portland Without City Approval

Uber, the ride-sharing service, started operating in Portland, Oregon, on Friday without the approval of city officials. The app begun working at 5.00 pm and drivers were immediately able to offer rides, without any prior permission from the authorities. Dec 6, 2014
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