Looking for a way out, property developers deal in banned notes.
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
As PM talks of lower lending rates, housing companies prepare to cash in.
The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
"Online portals are also bleeding heavily and have huge accumulated losses. There is pressure from investors to cut down on discounting."
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
Among the businesses that need consolidation are retail and defence
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Younger brother Surendra wants to re-invest his share in real estate and education
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
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