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Kotak Realty Fund to invest Rs 250 cr in IVR Developers

New Delhi, Dec 14 (UNI) Country's leading infrastructure firm IVR Prime Urban Developers Ltd today said it has received investment commitments of Rs 250 crores from Kotak India Realty Fund Ltd.

''More realty funds are also inclined to join hands with IVR Prime,'' the company said in a statement.

IVR Prime Urban Developers Ltd is a subsidiary of IVRCL Infrastructures and Projects Limited and has land reserves to the extent of 2,850 acres.

UNI

CBDT chief to inaugurate induction course of IRS trainees 61st batch

Nagpur, Dec 14 (UNI) The induction course for the officer trainees of 61st batch of Indian Revenue Service (IRS) at the National Academy of Direct Taxes (NADT) will be inaugurated by Central Board of Direct Taxes (CBDT) Chairman R Prasad here tomorrow. A A Wijepala, Commissioner General, Inland Revenue Department of Sri Lanka, would be the guest of honour, NADT Director General Saroj Bala told the media here yesterday. The new batch would be having 136 trainee officers, including 42 women.....

Ebony enters speciality reatiling; to infuse Rs 120 cr in 20 outlets

New Delhi, Dec 14 (UNI) Ebony Retail, the retail arm of the DS Constructions group, today announced its foray into speciality retail and will open 20 outlets pan-India over the next two years, infusing an investment of Rs 120 crore. The company entered into strategic partnership with France-based leading furniture brand Gautier and will open the the first home adornment outlet, spread in the area between 20,000 to 40,000 sq ft, at Noida tomorrow. ''We will begin from the northern.....

Chill persists in Delhi, fog delays flights

New Delhi, Dec 14 (UNI) There was no respite today from the chill sweeping Delhi for the last couple of days even as thick fog in the morning plummeted visibility levels, disrupting air and rail traffic besides causing traffic jams in several places. Dense fog in the morning led to a sharp fall in visibility levels in the city, leading to diversion of several international flights and delay of over 25 flights, airport sources said. Foggy conditions plummeted visibility at the.....
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