FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year.
To operate large wholesale markets and imports.
A day after the Budget, the industry estimates the sale of affordable homes could increase up to 20 per cent this year due to an additional exemption granted to first-time buyers.
An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.
Like other food and grocery chains, Birla Retail is aggressively pushing its private labels and large packs to woo customers. Besides offering value, private labels push retailers' margins.
Land parcels acquired for 58 new projects, which are yet to be launched.
Fast growth in organised retail and opening of new malls and stores have raised attrition levels at the shop floor to alarming levels of eight per cent a month, or 96 per cent a year.
They plan to cut shop sizes and look at opening standalone stores after years of losses.
Mounting debt, slowing sales, and rising inventory were at the heart of HDIL's woes.
Industry estimates R-Day sales are eight times the usual for big retailers.
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.
The retailer is looking at a break-even this year.
With just a few organised players such as KB Exports, Freshtrop and Maha Anar in the segment and the vast export potential in western Europe and central Asia and the increasing demand in domestic markets, InI Farms is already a focus area for investors such as Ronnie Screwvala's Unilazer Ventures and venture capital fund Aavishkaar.
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.
Mukesh Ambani-led Reliance Industries Ltd wants to merge four of its associate companies in real estate with its main property development subsidiary, Reliance Commercial Land and Infrastructure Ltd, under the scheme of amalgamation proposed before the Bombay High Court.
Sets up new financial services arm, Amit Goenka joins as CEO.
Shopping websites say it is about first-mover advantage.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances