Nisus Finance, a debt fund focused on real estate, plans to invest the entire Rs 500 crore from its second platform by March next year, as it sees good opportunities for providing last mile capital to complete housing projects and acquisition of distressed assets during this COVID-19 pandemic. Nisus Finance had launched its first fund named 'Real Estate Asset Performance Fund 1' totalling Rs 430 crore, which was invested across nine projects. "In March this year, we announced first closure of our Rs 500 crore real estate fund. This new fund is in partnership with Dalmia Group," Nisus Finance MD & CEO Amit Goenka told PTI in an interview. The two partners have committed Rs 100 crore in this fund, while Rs 400 crore is being committed from HNIs and family offices, he added. "Our new fund from Dalmia Nisus Finance of Rs 500 crore is under deployment and we hope to be able to employ this capital by March 2021," he said. Goenka said the discussions are in advanced stage for three ...
Arvind Kejriwal government last Thursday allowed hotels to resume "normal functioning"
Purohit had earlier gone on seven-day self-isolation on July 29 based on doctor's advice after three people in the Raj Bhavan tested positive for coronavirus
Dileep Mavalankar of Indian Institute of Public Health said studies of 13 papers show transmission to be generally 10-15 per cent, with some showing it to be in the range of 5-10 per cent as well
Administrative and medical teams should be responsive to the psychological needs of patients
Airlines around the world have been brought to their knees by the halt to flights, forcing tens of thousands of job cuts
The new thermal scanner, which will be used by the airport health officials, is a ceiling mounted Mass Fever Screening System
Several states including Tamil Nadu, Maharashtra, and Mizoram have extended their lockdown till August 31, while Uttar Pradesh has imposed weekend lockdowns to curb the rising spread of the virus
15 institutions would act as registry sites and mentor around 100 Covid-19 hospitals, according to the proposal
Eid al-Adha was celebrated on Saturday on a subdued note, with people offerin namaz at mosques as well as homes in the morning, following safety guidelines amid Covid-19 pandemic
Delhi Deputy Chief Minister Manish Sisodia on Saturday wrote to Union Home Minister Amit Shah, seeking directions to LG Anil Baijal to allow hotels and weekly markets in the city
Coronavirus cases crossed the 150,000 mark in Andhra Pradesh on Saturday as another 9,276 were added but a record high of 12,750 patients had recovered and discharged from hospitals in 24 hours
Travellers entering France from 16 countries where the coronavirus is circulating widely are having to undergo virus tests upon arrival at French airports and ports
WHO has appreciated the management of Covid-19 in Gujarat's Ahmedabad and suggested to take up various measures being implemented in the city as a case study for rest of India
Brazilian President Jair Bolsonaro, who was diagnosed with the Covid-19 earlier this month, said that everyone will probably contract coronavirus at some point, "so face up to it".
A new study suggests that face masks doesn't lead to false sense of security, and is unlikely to increase the risk of infection through wearers foregoing other behaviours such as good hand hygiene
The second round of sero-prevalence survey began in the national capital on Saturday, with the five-day exercise set to cover all districts and various demographic segments
Protesters against coronavirus restrictions have gathered in Berlin for a demonstration titled The end of the pandemic freedom day.
Researchers have revealed that Covid-19 may increase the risk of blot clots in women who are pregnant or taking estrogen with birth control or hormone replacement therapy.
Three persons, including two children who returned from India, have tested positive in Singapore, the health ministry has said, as the number of coronavirus infections in the country rose to 52,512.