The chain readies to expand its footprint as Bharti focuses on its retail venture.
The two former partners own about 100 such properties; expansion of Best Price, EasyDay stores only after transactions linked to the split are over.
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
Deepak Fertiliser's promoter might offer to buy Saroj Poddar's stake.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
The management hopes to clinch a deal by year-end, failing which even a shut down of the fortnightly cannot be ruled out, according to a top official, who did not want to be named.
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
Though the current framework applies to online advertisements as well, these pilot projects would lead to tighter screening on the Internet.
Walmart's US Senate filings on Indian market missing
Cover inadequate for even one refinery.
The razor maker suffered a major jolt after the Securities Appellate Tribunal had quashed an appeal it filed against the regulator, which had earlier rejected Gillette's plan entailing reclassification of promoter holdings to comply with the public shareholding norms.
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Lawyers say open offer must for twin stake purchase to meet Sebi rules.
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According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
One of the key reasons for corporate movie makers, such as Reliance and Viacom18, to flock to Tollywood is the growth regional content has shown in recent times.
Scott Price is learnt to have conveyed to Sharma that Walmart remained committed to the India market.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
An official said next week, the Department of Industrial Policy and Promotion was likely to issue clarifications sought by the sector on the government's multi-brand retail policy.
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