Blog
November 22, 2013
Diamond trader buys Cadbury House in Mumbai for Rs 350 crore
The iconic 58-year old Cadbury House in south Bombay’s Mahalakshmi area, which has been on the block for the last six months, has finally been sold to a diamond merchant for approximately Rs 350-400 crore. Even though real estate developers […]
Blog
November 21, 2013
RMZ to purchase Four Seasons Bangalore
Indian real estate developer RMZ Corp is set to buy the second Four Seasons hotel project in Bangalore. The proposed deal is valued at USD100 million, according to sources directly aware of the situation. The said unnamed sources were cited […]
Blog
November 16, 2013
CREDAI’s Work Commended
The real estate sector is an important component of national economic activity, but it is often under-estimated, and sometimes demonised due to misconceptions, said N. Ram, chairman, Kasturi and Sons Limited. Speaking at the inauguration of ‘CREDAI Southcon 2013’, Mr. […]
The global luxury market is set to see its slowest growth this year since 2009, with the Asian market in particular contributing to the slump. French luxury brands Gucci and Louis Vuitton, for example, recently reported drops in Chinese sales […]
Blog
November 14, 2013
The Coolest Cubicles In The World: Inc.
Small is beautiful — and efficient. These freestanding pods, domes, and workstations are so artfully designed and ecologically sound that one might wonder: Is this the future of work? Turns out, the future of the cubicle isn’t […]
Blog
November 14, 2013
First Office Tower at Ground Zero opens 12 years after 9/11 Attacks
The first office tower at Ground Zero since the Sept. 11, 2001 attacks that destroyed the World Trade Center opened Wednesday, marking a comeback for the Lower Manhattan site. Sheathed in glass, 4 World Trade Center is the smallest of […]
Blog
November 12, 2013
PepsiCo’s Rs 33k cr Investment is a Vote of Confidence for India
In a rare spot of good investment news, PepsiCo Chairman and Chief Executive Indra Nooyi revealed on Monday that PepsiCo could spend about Rs 33,000 crore ($5.5 billion) over six years to expand its Indian operations after meeting with Finance […]
Blog
November 8, 2013
ICICI’s Chanda Kochhar Named Most Powerful Indian Businesswoman
ICICI Bank MD and CEO Chanda Kochhar has been named as the most powerful businesswoman in India for the third consecutive year by Fortune Magazine. Shikha Sharma of Axis Bank and Aruna Jayanthi of Capgemini India have taken the second […]
Blog
November 8, 2013
Mars likely to Set up Chocolate Making Unit in India in 2-3 years
Mars International India, the wholly-owned arm of US-based global leading chocolate maker Mars Inc, is likely to set up a production unit for chocolates in India in next two to three years. Mars International India, the wholly-owned arm of US-based […]
Blog
November 8, 2013
Desi Developers Bring Global Brands to India
To provide super luxury experiences and differentiated proposition to home buyers, Indian real estate companies are increasingly tying up with global brands and service providers. Latest in the line is 3C – an NCR-based real estate company that has tied […]
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