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facebook-plans-sprawling-office-near-microsoft-hq
economy
Facebook plans sprawling office near Microsoft HQ

File photo Social networking giant Facebook is working towards expanding in the US state of Washington, setting up a sprawling office project right in the backyard of Microsoft.The company’s massive project is currently being referred to as “Building X” project. Facebook approached the city with plans for a 650,000-square-foot campus, the Puget Sound Business Journal…

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sbi-and-dhfl-ready-with-bond-issues-plan-to-raise-rs-6500-crore
economy
SBI and DHFL ready with bond issues, plan to raise Rs 6,500 crore

Dewan Housing Finance, the precipitate fall in the stock of which last month triggered the current bout of equity-market corrections, would join India’s biggest bank in raising collectively about Rs 6,500 crore through bond sales, pointing to the likely return to normalcy for Mumbai’s debt markets.DHFL, the flagship company of Wadhawan Global Capital (WGC), would…

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centre-approves-construction-of-2.15-lakh-houses-under-pmay-urban
economy
Centre approves construction of 2.15 lakh houses under PMAY-Urban

NEW DELHI: The housing and urban affairs ministry on Tuesday approved the construction of nearly 2.15 lakh affordable houses for the poor in six states under the Pradhan Mantri Awas Yojna (Urban).According to the ministry, with the sanctioning of 2,15,083 more housing units, the total number of houses being funded under the PMAY(U) across the…

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mapletree-bid-highest-for-chennai-it-park
economy
Mapletree bid highest for Chennai IT park

File photo MUMBAI | BENGALURU: Mapletree Investment, a Temasek-owned real estate asset manager, has emerged as the highest bidder to acquire information technology park SP Infocity in what would be the largest-ever single realty asset transaction in India.Mapletree has offered about Rs 2,450 crore for SP Infocity, jointly owned by the Canada Pension Plan Investment…

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indiabulls-real-estate-buys-140-acre-land-in-gurugram
economy
Indiabulls Real Estate buys 140 acre land in Gurugram

File photo NEW DELHI: Indiabulls Real Estate Tuesday said it will acquire 140 acre land at Manesar in Gurugram to develop an integrated township and commercial building. In a filing to the BSE, the Mumbai-based developer said that its wholly-owned subsidiary Loon Land Development Ltd has “entered into definitive agreement(s) to acquire a land parcel/development…

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