Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
The company, which retails maternity and baby products under 'Mom & Me', wants to open 50 stores under the brand name
Investor confidence, in general, in the world is weak and that has spilled over in India.
Could launch high-end models once 4G technology picks up in India.
Many private equity funds and retailers, who have long-term vision, will come to India, says Biyani.
In value terms, India's exports to that country grew 37.3 per cent in 2011-12, to $34.7 billion, according to data released recently.
At least half a dozen such applications, including those from Celio, Gruppo Coin and Artsana, are in the works and are expected to be sent to the government in a few weeks.
Supertech is just one among the many real estate players returning to commercial projects.
While many feel PPI would not be a feasible idea for India considering shortcomings like data collection for agriculture commodities, some analysts say the new index could be experimented at least with the manufacturing sector.
To reduce its mounting debt, DLF, the country's biggest real estate company, is set to sign a deal with Mumbai-based Lodha Developers for selling one of its showcase non-core assets the 17-acre National Textile Corporation (NTC) land in Mumbai.
The paper says the rate of price rise in food items leads to lower income inequality in rural India.
Planet Retail is owned by non-resident Indian V P Sharma and Samsonite's Ramesh Tainwala.
In the March quarter analysts' presentation, the company had said it was targeting to raise a total of Rs 10,000 crore (Rs 100 billion) from non-core asset sales in the medium term.
Real estate companies' borrowing costs have moved up by a third in the last one and a half years, from 11.5-12 per cent to 16 per cent now.
However, Bengaluru is on a high with the share of IT/ITeS in the total office space transaction rising from 55 per cent in 2011 to 75 per cent till May 2012, according to data by DTZ, an international real estate research firm.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
Other fashion formats such as 'Central' mall chain, 'Brand Factory' and 'Fashion at Big Bazaar' remain under Future Group and eye expansion
Mumbai land sale part of non-core divestment this year, counters DLF
Venturing into films, music & food biz, cite reasons from personal interest to future market opportunity
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances