Category: Your Money

Chinese companies go on global bond spree

Mainland groups have already borrowed $12.2bn from international investors so far in 2011 – more than five times the amount they had secured by the same point last year, according to data provider Dealogic.

Half of the offshore bond issuance this year has come from privately-owned property companies – such as Evergrande, Country Garden and Longfor Properties – that have seen funding channels dry up on the mainland.

FT.com / Capital Markets – Chinese companies go on global bond spree.

Property builders explore overseas real estate prospects

Bangalore-based builder Puravankara Projects Ltd has renewed interest in Sri Lanka’s capital city of Colombo.

Tata Housing Development Co. Ltd is building a large housing project in Maldives in partnership with the government.

Tata Realty and Infrastructure Ltd, is expected to partner with Maharashtra Housing and Area Development Authority for building affordable homes in Sri Lanka.

Read more here: Property builders explore overseas real estate prospects – livemint.com.

Infosys plans key leadership changes now

Infosys Technologies, which is under huge pressure in the market from a nimbler TCS and a Cognizant-on-steroids, is expected to announce a major organizational rejig and name a new chairman and CEO shortly. The announcements may, in fact, come as early as April 15, the day it will announce its fourth-quarter as well as full-year earnings for fiscal 2010-11.

Infosys plans key leadership changes now – The Times of India.