Mumbai figures in top three cities globally that will add the maximum supply of Grade-A office space through 2017, according to a recent finding by JLL. Shanghai tops the list among major global markets and is followed by Mexico City, Mumbai, Beijing, Singapore, Sao Paulo, Tokyo, Moscow, San Francisco and London in the top 10, as of 1H2016, according to Ashutosh Limaye, National Director – Research, JLL India.

Strata Systems, Inc announced its acquisition of 50 per cent of the equity in Geo Soluc)es of Brazil.

In order to finance its global business expansion, Canara Bank would issue bonds worth $1 billion from the international market. The company would start the process of the bond issue by holding roadshows in Singapore, Hong Kong and London between May 27 and May 31. The state-run bank would use the fund for growth of its overseas business, which is presently spread across Lond

Alstom said it would despatch the first train for the Chennai Metro Rail (CMRL), manufactured in Sao Paulo, Brazil by June 2013. A team from the Chennai Metro Rail led by L Narsim Prasad, Director (RS, S&T and Electrical) and Umesh Rai inspected the