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Real investment fund allowedNEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) has cleared an investment by HDFC's global real estate fund to invest up to Rs. 3,240 crore in the country. The Mauritius-registered India Offshore Real Estate Investments (IOREI), which is sponsored by HDFC, has been allowed to invest this amount, raised overseas, in units issued by HDFC's International Real Estate Fund (IREF). The decision to allow the global investments comes at a time when the real estate sector is facing a boom and property prices in most major metros are at an all-time high. As a result, global real estate players have also been showing considerable interest in the Indian market. The international scheme of the fund would be managed either by HDFC Venture Capital or a different entity from within the HDFC group. read more. Mauritius: PSSA Highlights Serious Shortcomings in CollegesThe Private Secondary Schools Authority (PSSA) has not spared some colleges in a report to the minister of Education, Dharam Gokhool, entitled Partnership for secondary education in Mauritius. The situation is far from perfect. The PSSA has noted a number of areas where these schools have failed totally in the way they are educating their students. The situation is even more worrying as such schools cater for more than half of all the secondary students. Not only are the infrastructures "sub-standard" in some schools but some managers are also described as "going beyond the limits of ethical behaviour", writes the PSSA. Likewise, some schools force certain students not to sit for Higher School Certificate or School Certificate exams to make sure they maintain a good success rate. The PSSA, however, realises that it should have taken steps long ago to ensure quality in those schools. read more. Shah Rukh Khan's concert postponed in Mauritius!The mega event 'Craze 2006' which was going to be held on Saturday 19 August 2006 at the Anjalay Stadium with Shah Rukh Khan, Priyanka Chopra and Zayed Khan has been postponed. The new date will be announced shortly. According to the communiqu issued by the organisers (Entertainment Quotient and Pro Global Concept), it states that many necessary equipments and special firework products from London will not arrive before the show. This is due to the incidents which happened recently in London with the disruption of the terrorists' plot of the flights. The organisers and producer (CineYug Entertainment) have promised a bigger event with more surprises. Mauritian fans will have to wait longer before Shah Rukh Khan's first concert in the beautiful island. Meanwhile, 'Kabhi Alvida Naa Kehna' is doing very good business in most parts of the island since its release on Friday. read more. Airbus sells 22 planes in August, Boeing aheadPARIS (Reuters) - France-based planemaker Airbus said on Friday it had sold 22 aircraft in August, bringing its year total to 222, well behind rival Boeing Co. (BA) which has booked 548. The U.S. company booked 30 new orders in August. It is being helped by its new 787 aircraft due in 2008 which is upstaging Airbus's mid-sized models and putting Airbus's five-year reign as top seller at risk. Airbus said it had taken orders for 13 single-aisle planes from its A320 series as well as for 9 wide-body A330-200 aircraft. These included eight sold to leasing companies and one to Air Mauritius. The planemaker announced deals for 182 planes at the Farnborough, England air show in July but plane orders traditionally take months to finalize. read more.If top details is what you are craving, All the Web can organize it for you. We have sifted through the documents and reported it so that it can be usable for you. The details accessible since the internet was made available has grown in type. While quite a bit of the info you may have pin pointed has been usable, we're confident that a little more looking will be profitable. If you definitely long to dig up more about subject matter related to Mauritius Luxury Villa Rental, then you need to be calm and dedicate the time mandatory to look for the noted sources to aggregate your material. |
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