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A hard-to-believe ad & an obscure company with $500 bn proposal

A hard-to-believe ad & an obscure company with $500 bn proposal The advertisement was published in the name of Landomus Realty Ventures Inc, USA, but the company is also registered with Registrar of Companies, Bangalore. BusinessToday.In | May 24, 2021 | Updated 21:31 IST The advertisementsaid the company would like to invest $500 billion in equity in various infra projects. An advertisement, purportedly by a US-based company Landomus Realty Ventures Inc, published in several editions of a national newspaper, created a buzz on social media on Monday morning. The advertisement, addressed to Prime Minister Narendra Modi, said the company would like to invest $500 billion in equity in various infra projects under the National Infrastructure Pipeline (NIP) and non-NIP projects. It also said the company has a concrete plan to make India pandemic free . However, digital footprints of firm s past records cast a doubt on its track record and business promises.

Obscure company offers to invest $500 billion in national infra pipeline, not operating from Bengaluru address

Representative image ANI | Updated: May 24, 2021 22:57 IST Bengaluru (Karnataka) [India], May 24 (ANI): An obscure company Landamous reality ventures, which gave front-page advertisement on Monday offering to invest 500 billion USD in the National Infrastructure Pipeline and non-NIP projects listed by central government, was not found to be operating from its Bengaluru address mentioned in a website. In its advertisement, the company said it would like to invest USD 500 billion in equity as the first phase of investment into the National Infrastructure Pipeline (NIP) and Non-NIP projects lined by the Government of India under the India Investment Grid for Invest India initiative . The website of the company lists the address of Landomus Realty Ventures Inc as Secaucus, New Jersey, USA. The website has no about us section and no clue about its promises of massive investments that are slightly less than India s current foreign exchange

A hard-to-believe ad & an obscure company with $500 bn proposal

A hard-to-believe ad & an obscure company with $500 bn proposal
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