Apprehending a slowdown in the growth of the economy due to the hardening of interest rates, the appreciating rupee and falling tariffs, the government has decided to set up a group to discuss the impact of these changes.
Companies that have been reluctant to share their production and sales data with the government for calculation of various indices will now be forced to do so.
Rural Bihar appears to be doing much better than urban areas in the state, if one goes by a recent National Sample Survey Organisation report.
Realty major DLF and Bharat Hotels, owners of The Grand group of hotels, are working towards a joint venture for developing and running hotels. While DLF will own the land and be in charge of the actual construction of hotels, the latter will operate
South Korean steel giant Posco's wait for a mining licence in Orissa has got a little longer.
60 per cent of home buyers are shying away from pre-launches.
Bonanza for customers in days of liberalisation.
Was the real estate euphoria just a bubble waiting to burst? The current financial year will reveal the answer.
With big developers eyeing land buyouts and projects of smaller builders, the real estate sector in the country will witness consolidation in six to eight months. A key driver would be attractive valuations of such properties.
The Mukesh Ambani-controlled Reliance Industries is entering the supply-deficient hospitality business and is in talks with big international names such as Walt Disney, Ritz Carlton and Four Seasons
In a double whammy for real estate developers, banks are likely to raise lending rates to builders by up to one percentage point while consumer interest fades with home loans becoming more expensive.
Leading bankers expect the number of transactions to fall 30 to 35 per cent as buyers wait for a price correction in real estate.
The developers have already started feeling the pinch.
In talks with Starwood and Peninsula Hotels.
Attempting an image makeover from being calorie-rich to health-conscious, PepsiCo India is working towards launching a nutritious beverage within three years.
Genesis Colours, popular for its high-end fashion label Satya Paul, is in advanced negotiations with Moet Hennessy-Louis Vuitton for bringing luxury apparel and perfume brand Kenzo to India.
Refrigerators or ACs could be dearer soon as the consumer durable companies start conforming to energy efficiency standards.
DLF Ltd is forging a 50:50 joint venture with Nakheel, a large property developer of the UAE, for two integrated townships in India at a whopping investment of $10 billion.
A possible exit of Team India from the first round of the ICC World Cup has the tourism industry worried. Many fans and corporates
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