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Indiabulls planning bigger

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According to the sources available with the www.propertykhazana.com, Steel Tycoon is sustained by Lakshmi Mittal, Indiabulls Financial Services Ltd., predicts a proposed fund management which will stand between the India’s top 5 by 2010. Firm which having famous name in the brokerage segment looks for to do the similar in realty all over again. Chief executive officer, Gagan Banga anticipates taking a license to start a mutual fund unit and planning to form a $6 Million fund management company, contesting with Templeton Asset Management India Pvt. and Fidelity Funds Management Pvt. In an industry which increased fourfold in its dimension from 5 years.
Gagan Banga said to www.propertykhazana.com that, “If we can not complete it in 2 years, then we won’t. We must be in the peak 5 business groups in coming 3 years and must run the biggest retail brokerage, and run biggest financial services operation. We need to be as the biggest realty conglomerates and as the biggest retailing conglomerates.” They will strike a Million burly customers base for over 600 offices in India to vie for the wealth of nation where invested properties will increase in fourfold to $1 Trillion by 2012, as per to the discussion with the client. Started in 2000, Indiabulls posses India’s 3rd most expensive realty company and about 42 retail franchises in the $906 Billion market. For more information logon to www.propertykhazana.com
Source: NBTVLIVE

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