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Newspaper ad seeking PM Modi's permission to invest $500 bn in India raises eyebrows


Newspaper ad seeking PM Modi s permission to invest $500 bn in India raises eyebrows
Landomus Realty s ad claims it aims to make India a global destination by supporting the completion of NIP and Non-NIP projects
Manoj Sharma | May 24, 2021 | Updated 12:42 IST
Social media users are questioning authenticity of newspaper ad. Many also called out the company for its obscure nature
An advertisement from a company purportedly based in the US has raised eyebrows on social media with the way it has approached the government for an investment worth $500 billion in various infra projects under the National Infrastructure Pipeline (NIP) and Non-NIP projects. Questions are being raised as to why a company that claims to invest funds worth $500 billion in India needs to do so via an ad in newspapers and not seek an appointment with Prime Minister Narendra Modi directly. ....

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Landomus takes ad route to request PM for $500 billion investment


Landomus takes ad route to request PM for $500 billion investment
​ By
IANS
|
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SC asks banks to finalise proposals to finance unfinished Amrapali projects. Image Source: IANS News
New Delhi, May 24 : A relatively unknown US based company Landomus Group has announced a Build India programme under which it would like to invest $500 Billion in Equity as the first phase of the $2 Trillion investment.
This would be into the National Infrastructure Pipeline (NIP) and Non-NIP projects listed by the Government of India under the India Investment Grid for Invest India initiative.
Landomus announced this through a newspaper advertisement addressed to Prime Minister Narendra Modi. Eyebrows are being raised as to why ads are put out for investments into NIF addressed to PM Modi when there are well laid out channels for foreign and domestic investors. ....

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Mystery US firm wants to invest $500 billion in India. Twitter laughs it off


Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
A mystery US firm has expressed its interest to invest $500 billion in India. It has also made an appeal to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. However, many people on Twitter found the company s proposition hard to believe.
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UPDATED: May 24, 2021 14:37 IST
Landomus Realty conveyed its message to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. (Photo: landomus.com/Twitter)
A little-known US firm has claimed that it wants to invest $500 billion (over Rs 36 lakh crore) in India. The chairman of the firm has made an appeal to Prime Minister Narendra Modi to provide an opportunity to contribute to the ‘New India’ vision. ....

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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 curren ....

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