The world is home to 1.2 crore millionaires with collective net worth reaching a record high of USD 46.2 trillions, with India clocking the second highest growth of 22.2 per cent in its HNI population last year after Hong Kong, […]
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June 22, 2013
RBI Relaxes Norms for Residential Real Estate
The Reserve Bank of India (RBI) has decided to relax norms for residential housing projects by lowering the standard asset provisioning requirement and risk weight for loans given to those projects. The move is aimed at boosting demand for this […]
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June 21, 2013
Google Android Nation Stores Coming to India
If there’s one thing that the Indian market is famous for, it’s price sensitivity. Android has bridged the gap between smartphone haves and have-nots since it’s open source and free, enabling manufacturers to tag their devices at affordable rates. Now […]
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June 19, 2013
The most profitable investment you can possibly make – The hottest property in Bhubaneswar
With record number of exhibitors showcasing Indian Properties worth billions of rupees, Indian Property Show’s June 2013 edition is poised to be the biggest ever. The 3 day property extravaganza will be held from June 20-22, 2013 at Hall no […]
The five key E+ economies are India, Indonesia, Malaysia, Philippines and South Africa Key emerging markets including India are becoming a force in reshaping global industry across sectors and are likely to outpace developed markets in the coming years, says […]
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June 1, 2013
Walmart to buy 49% in holding company of Bharti Retail, Cedar Support for Rs 455.8 cr
Walmart Stores Inc, the world’s largest supermarket, looks set to become the first foreign company to invest in multi-brand retail by buying a 49% stake in Cedar Support Service, the holding company for Bharti Retail, in September for Rs 455.8 […]
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June 1, 2013
51% FDI in multi-brand retail likely to include FIIs
The 51% foreign direct investment in multi-brand retail is likely to include foreign portfolio investment as well, as the government is keen to ensure that the restriction on foreign ownership is not breached. The government is wary that any breach […]
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