Retailers can buy existing facilities if they spend $50 mn to create additional infra.
Officina Farmaceutica Italiana mainly deals in large-scale contract manufacturing for cosmetics and drug majors
US-based CB Richard Ellis released a study yesterday showing office space take-up across key Indian cities had increased 37 per cent in the first quarter of calendar 2013, compared with the same period last year.
While elaborating on its international business, including the cash-and-carry or wholesale stores in a joint venture (JV) with the Bharti group, Walmart has pointed out that the list does not include the 'franchised' retail stores.
Absence of quality real estate in malls and on high street seen as factors behind migration.
Interview with Global Chairman & CEO, Ernst & Young
While the thrust will be on pan-India residential projects, office and retail launches, too, will add up to make for the realtor's project mix of 12 to 16 million sq ft during the coming year.
When IKEA's CEO & India's industry minister sealed a deal in-principle last year, foreign investors took note.
Three foreign single-brand majors apply in the past one month.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
The Walmart investigation is under the Foreign Corrupt Practices Act, and the company follows a global compliance programme in every country it operates in.
Eighteen of 30 product categories proposed by Swedish furniture major struck off.
Both India and China are in Phnom Penh to participate in the two-day East Asia Summit, an offshoot of the Asean meet. China and India, along with the US, Russia, Australia, New Zealand, Japan and South Korea are participating countries in EAS, besides the 10 Asean members.
Part of the official delegation accompanying Prime Minister Manmohan Singh to the Association of South East Nations summit in Phnom Penh, Cambodia, he was briefing the media on board the aircraft earlier on Sunday.
A recent public interest suit in the Supreme Court over foreign direct investment (FDI) in retail may have thrown the industry into a tizzy, but lawyers, constitutional experts and government officials indicate the multi-brand retail FDI policy is unlikely to get derailed over Fema.
Since 2004, licences have been given to develop as much land in the area as in the entire state during the earlier 25-odd years.
Revamped menus and menu-cards, uniforms and store interiors have been readied in tieup with designer Rina Dhaka for the 12-year-old Barista, which was taken over by Italian coffee major Turin-based Lavazza in 2007.
Lower minimum area of land required for multi-product SEZs to 250 hectares from 1,000.
The accounting and audit fraternity clearly wants to disassociate itself from the DLF-Vadra saga.
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