Try GOLD - Free
Stalled skyscraper gets new partner
Mint Bangalore
|June 12, 2025
Ashwin Sheth Group has acquired a 50% stake in a stalled 74-storey luxury residential project in south Mumbai, giving existing lender J.C. Flowers Asset Reconstruction Pvt. Ltd an exit, officials of the real estate developer said, declining to reveal the size of the transaction.
In a two-way strategic deal, Asia-focused investment firm PAG has also committed ₹540 crore of credit finance to the project 'One Marina', located in Marine Lines. The funds will be used for construction of the project, with
This story is from the June 12, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Oil, gas and gallium can explain America's new security strategy
Washington’ world view is being reshaped by material conditions that enlarge the space for peace
3 mins
December 17, 2025
Mint Bangalore
Toyota in China: It’s set to ride out the tremors of geopolitics
The Japanese carmaker adapted swiftly to an electric market shift
3 mins
December 17, 2025
Mint Bangalore
Aggarwal to release all share pledges
Ola Electric’s founder Bhavish Aggarwal has undertaken a limited monetization of his personal shareholding to fully release all promoter-level share pledges totalling ₹260 crore, according to persons from the company aware of the matter.
1 min
December 17, 2025
Mint Bangalore
New labour code will shrink your hike
India Inc. is expected to roll out an average increment of 8.5-9.5% in the upcoming appraisal cycle, as companies calculate the impact of the new labour code and almost-stag-nant inflation.
1 mins
December 17, 2025
Mint Bangalore
India seeks WTO talks as trade tiff emerges from EU
India and EU are negotiating a free-trade deal.
1 mins
December 17, 2025
Mint Bangalore
Govt weighs ₹5,000 crore aid for three PSU insurers
The funding is aimed at stabilizing balance sheets of the loss-making public sector insurers
2 mins
December 17, 2025
Mint Bangalore
Bond market is tilting back to listed debt—and it may last
An ISIN (International Securities Identification Number) is a unique, 12-character alphanumeric code that globally identifies a specific bond.
3 mins
December 17, 2025
Mint Bangalore
Now, a trade tiff emerges from EU
India has approached the World Trade Organization (WTO) for consultations with the European Union (EU) as the bloc’s proposed tariffs and quotas on ferro-alloy imports deepen worries about global trade uncertainty when the two parties are negotiating a free-trade pact.
1 min
December 17, 2025
Mint Bangalore
The world made a pledge in Paris 10 years ago: We must redeem it
All countries must work to meet the historic commitments made collectively at CoP-21 a decade ago. France is doing its bit
4 mins
December 17, 2025
Mint Bangalore
upGrad starts gearing up for initial share sale
The edtech firm is preparing for a $350-400 mn public listing in 2027
2 mins
December 17, 2025
Listen
Translate
Change font size