Blog
January 4, 2014
Raj Jain to Head Bharti Retail
The firm also appoints Pankaj Madan, formerly CFO at Bharti-Walmart, as CFO Bharti Retail Ltd, the multi-brand retail venture of Bharti Enterprises, on Friday announced the appointment of former Walmart India head Raj Jain as the company’s chief executive […]
Blog
December 17, 2013
Walmart gets CCI’s approval to buy Bharti’s 50% stake in Indian JV
Global retail giant Walmart has got fair trade regulator CCI’s green signal for purchase of BhartiBSE 4.17 % group’s almost 50 per cent stake in their Indian joint venture for wholesale stores business. The JV, Bharti Wal-Mart Private Ltd, was […]
Blog
December 16, 2013
BJP Victory Revives Real Estate Sector
The victory of the Bharatiya Janata Party in four state assembly elections has given a sigh of relief to developers and investors, who say that the slowing real-estate market has started reviving. Boman Irani, chairman of Rustomjee Group, said there […]
Blog
December 4, 2013
Multiplexes Strike Gold in Movie-Mad India
For a country that produces twice as many movies a year as Hollywood, India has a problem that’s making cinema theatre operators beam: a shortage of modern multi-screen cinemas and plenty of increasingly affluent film fans. Multiplex operators […]
Blog
December 3, 2013
Commercial Real Estate: Guidelines For Retail Investors in India
The next few years will see a quantum spurt in the services and knowledge sector, opening up tremendous opportunities for the retail investor Buying an office or retail space is a huge investment, which is why commercial real estate has […]
Blog
November 26, 2013
US Luxury Handbag Maker Judith Leiber to Expand India Operations
US luxury handbag maker Judith Leiber will expand its India operations to Mumbai by 2015, says Sangeeta Assomull, CEO of Marigold Group, which brought the brand to India. After opening its flagship store in DLF Emporio Mall, Delhi six years […]
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 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 […]
Recent Comments