Mumbai, India, August 29, 2007 - Housing Development & Infrastructure Ltd (HDIL) has announced that the Company has already entered into an MOU for purchase of 15 acres of property belonging to Eveready Industries Ltd situated at Navi Mumbai for a total consideration of Rs 115 crores. Subject to necessary approvals the transaction will be effected in stages over a period of time.
Mumbai, India, August 13, 2007 - Standard Industries Ltd proposes to develop a third of its property at Ghansoli, Navi Mumbai. The company's board, which met on August 10, has cleared an arrangement to be entered into with CapitaLand Financial Ltd, Singapore, for the purpose, Standard Industries announced on Monday.