Gonzaga fans Brenda and Jay Jenkins of Clarkston could not attend the this year’s West Coast Conference Tournament in the Orleans Arena, but they did [...]
The post Love and (Gonzaga) basketball: On eve of WCC Tournament, Zag diehards elope at Las Vegas chapel first appeared on PRP Breaking News and Top Stories.
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Monday, March 8, 2021
Meghan Markle Tells Oprah Winfrey ‘It’s Nothing Like What It Looks Like’
The Duchess of Sussex Admits She Was So Miserable, She Considered Suicide As an American, Meghan Markle said her views of royalty were shaped by [...]
The post Meghan Markle Tells Oprah Winfrey ‘It’s Nothing Like What It Looks Like’ first appeared on PRP Breaking News and Top Stories.
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Atletico Madrid vs. Real Madrid score, player ratings: Benzema’s equalizer blows La Liga title race wide open
Real deserved something from the match and earned a point in the 88th minute The title race in La Liga was blown wide open on [...]
The post Atletico Madrid vs. Real Madrid score, player ratings: Benzema's equalizer blows La Liga title race wide open first appeared on PRP Breaking News and Top Stories.
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INTERNATIONAL WOMEN’S DAY
UD Women’s Leadership Initiative issues call to action for gender equity Editor’s note: Lynn Evans, director of the Women’s Leadership Initiative at the University of [...]
The post INTERNATIONAL WOMEN’S DAY first appeared on PRP Breaking News and Top Stories.
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Blake Griffin addition gives Nets another big name, but doesn’t move the needle much for Brooklyn
The Nets reportedly plan to use Griffin as a small-ball center off of the bench The Brooklyn Nets made headlines on Sunday as they signed [...]
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Sunday, March 7, 2021
Habibganj Railway Station: Interups invests USD 125 million in the first PPP model redevelopment of the mega project
Interups, a New York-based fund house, led by Indian born Laxmi Prasad has partnered with the Bhopal based Bansal Group to upgrade the much anticipated, Habibganj Railway Station. This is the first-ever PPP model initiative which will redefine the concept of railway station in India.
The US-based fund has inked USD 125 million joint venture deal with the Bhopal Based Bansal group for 49% partnership in the Bansal Pathways Habibganj Private Limited.
To be revamped as a public-private partnership (PPP), the country’s very first private railway station, Habibganj is all set to become a swanky commercial hub with shops, offices and hotels. The development of the eagerly-awaited mega project will take place in two phases- first, being the construction of two office-cum- shopping complexes while the second,being formation of a multi-specialty hospital, a budget and five-star hotels. The station will encompass a parking space for 300 cars, 850 two-wheelers, rickshaws, taxis and buses. The joint venture will look after all the facilities at the station including food stalls, retiring rooms, power, platform maintenance and parking among other aspects. The joint venture entity plans to bid for 20 more such railway stations in India and sponsor these assets into REIT and InvIT, making it the most advanced financial model to be introduced into India with the help of qualified retirement assets from across the world yielding stable returns and capital gains year on year basis.
Interups Inc which is a public listed company in the US is engaged in the business of identifying and investing into business opportunities or transactions either directly or on behalf of its stakeholders, affiliates, associate concerns and clients. The Fund plans to acquire assets worth USD10.5 billion (approx. Rs.76,800 Crores) in India, comprising of an airline, luxury resorts and a financial services company.
The fund house has also entered into the hospitality space to build a 159 key hotel in Katra, Jammu and Kashmir and to develop a 8 tower residential project in Dharamshala in collaboration with one of the renowned builders of North India. Interups has committed a total of USD 20 million for these two projects.
The fund house offered Rs.1,260 crore for Claridges Hotels and USD 34 million for Mahabalipuram Intercontinental Hotel Resort. It will further invest upto $450 million for an all-equity buyout of Lavasa and expects to cough up an additional $150 million towards maintenance of the property.
Interups Inc. is one of the main contenders and ready to put forward its bid for national carrier Air India (AI). In India, Interups Inc. is legally advised by S&K Partners, a law firm based out of Delhi and Mumbai headed by its founding partner Utkarsh Singh.
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Friday, March 5, 2021
Miley Cyrus makes incredible confession over Hannah Montana days
Miley Cyrus went through an “identity crisis” following her success as her alter-ego Hannah Montana. The 28-year-old singer rose to fame portraying the main character [...]
The post Miley Cyrus makes incredible confession over Hannah Montana days first appeared on PRP Breaking News and Top Stories.
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