The store launches same-day delivery for its site, though analysts say others have eroded its headstart in the brick and mortar format.
Consultants said the fact that Oberoi had no debt on its books and Kalpataru had low debt helped the two in the slow realty market.
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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
India has a tradition of rich narrative and storytelling and hence it's a natural market for self publishing, believes Jon P Fine, Amazon's director (author and publishing relations).
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Indian property markets are not in the pink of health.
Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
The UK-based retailer can add to the best practices it already brings to Tata's retail business.
French giant might apply for multi-brand retailing if UK rival gets nod.
Reliance has around 100 Delight stores in the country.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Cash-&-carry chains claim of the products they sell 85-90% is local.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
The stores will sell products under the Fashion at Big Bazaar brand.
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