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Indian Grand Prix would boost motorsports: Mallya
With Formula One Supremo Bernie Ecclestone giving a categorical assurance that the Indian Grand Prix is very much on, Force India Chairman Vijay Mallya today said the 2011 race would be a huge boost both for motorsports and the outfit he owns.

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LS passes three bills without discussion
The Lok Sabha today passed three bills in 15 minutes without any discussion as opposition members protested vociferously against price rise and carving out Telangana from Andhra Pradesh.

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BCCI extends Sahara's contract as team sponsor
The Board of Control for Cricket in India (BCCI) has extended Sahara"s contract for another six months as the Indian team’s sponsor for the same price the company had paid earlier. Sahara had paid around Rs 1.9 crore per test match and one-day international (ODI), while it will pay Rs 1.5 crore for T20 matches.
Public Relations

Sahara Prime holds talks to raise $214 mn

Sahara Prime City Ltd, the company planning India’s second-largest real estate initial public offering in more than two years, is in talks to raise as much as Rs 1,000 crore ($214 million) from private equity investors. - Over 60 firms await Sebi nod for share sale worth Rs 50,000 cr - Sahara realty arm files IPO prospectus, to raise Rs 3,450 cr - Sahara Prime City plans to raise Rs 5,000 cr in IPO - Sahara realty arm plans IPO to mop up Rs 5K cr - Sahara to invest Rs 2,000cr in healthcare - HC grants time to Jet, Sahara to file affidavits “Global funds are keen to invest in India,” Chief Executive Officer Sushanto Roy said in an interview in Mumbai today. He declined to say when the stakes may be sold. The Lucknow, India-based company plans to sell shares in the IPO in the first quarter of next year, according to Roy. Sahara, Emaar MGF Land Ltd and Lodha Developers Ltd are among developers that are seeking the regulator’s permission to raise more than Rs 12,600 crore.


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