Air India Announces Plans to Sell Property and Land



According to an article in business-standard.com, Air India is planning to sell land and property located across the country. Apparently, the plan is to sell airport locations and airline offices and other real estate assets in cities which are situated in prime locations but which aren’t considered to be caught assets.

Tata Group to Invest Billions: New CEO Proclaims New Thrust



According to news from the Wall Street Journal this morning, the new Chairman of mega conglomerate Tata Group announced in a letter to employees his company’s intentions to invest some $8.3 billion over the next two years. According to the report by Santanu Choudhury, the investments will be broadly dispersed across Asia, Latin America, Africa, and Latin America.

India’s Central Bank Repo Rate Stifles Market



A higher than expected lending rate hike by the State Bank of India, the country’s biggest lender, has markets reeling. India’s stock market fell this morning on the news of a point 5 percent increase, twice was was anticipated be experts. Sensex dropped some 353 points to 18.518, while the Nifty closed 105 points lower at 5,574. The Repo rate hike stands to stifle Indian recovery, according to some experts.

Jones Lang LaSalle: A Study Of Commercial Trends



Rising occupancy rates, and spiraling prices are on the short list of reasons the company’s global hotel chief Arthur de Haast thinks hotel acquisitions may skyrocket. And, a key industry survey reveals a paradigm shift in the way key industry leaders view productivity and methods.

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