Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Govt to Tighten FDI Investment Norms

Posted: 11 Feb 2011 02:17 AM PST

The struggling construction and housing sector will soon find it tougher to raise funds overseas as the government plans to tighten foreign direct investment rules to discourage short-term profiteering. At 12:30 pm, Unitech was trading down 4.04% at Rs 34.45, Jaiprakash Associates down 2.43% at Rs 74.30, IVRCL Infrastructure & Projects down 2.19% at Rs [...]

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