Nivedita Mookerji And Raghavendra Kamath

Stories by Nivedita Mookerji And Raghavendra Kamath

Indiabulls told to stop work at its IT Park

Indiabulls told to stop work at its IT Park

Rediff.com   22 Jun 2011

MPCB said Indiabulls had started the construction work at the IT Park project in violation of consent to establish and without complying with its directions issued on January 27.

New food safety law to cost India Rs 15,000 cr

New food safety law to cost India Rs 15,000 cr

Rediff.com   16 Jun 2011

The Planning Commission is expected to take a call soon on the expenditure, which will be a component of the health ministry's 12th plan allocation. The ministry is expected to pitch for doubling the allocation for the overall health sector, it is learnt.

Retail claim:Biyani joins issue with Mukesh Ambani

Retail claim:Biyani joins issue with Mukesh Ambani

Rediff.com   6 Jun 2011

Reliance Retail, which started in 2006, runs over 1,000 stores across 86 cities.

RIL looks to re-enter cash-&-carry

RIL looks to re-enter cash-&-carry

Rediff.com   6 Jun 2011

RIL had earlier decided not to pursue the cash-and-carry model due to a number of reasons, including a growing unrest towards organised retail.

Kishore Biyani's roadmap for his new venture

Kishore Biyani's roadmap for his new venture

Rediff.com   30 May 2011

Customers want formats which have wide assortment, international products, and so on. Basically, it is an assortment play.

Bharti Walmart outpacing 2007 growth target

Bharti Walmart outpacing 2007 growth target

Rediff.com   25 May 2011

As against the 2007 target of 10-15 stores in seven years, it is planning to touch around 25 cash and carry outlets in India by the end of 2012.

Changes coming on food safety rules

Changes coming on food safety rules

Rediff.com   16 May 2011

Formulation of food recall procedures in case of unsafe or hazardous products, mandatory compliance with GAP (good agricultural practices) for big retailers, labelling changes for packaged food items, organic food certification, setting water quality standards and verification of claims by food supplement companies are among the major reforms being planned by the sector regulator and the government.

Essar's realty arm to invest Rs 4,000 crore

Essar's realty arm to invest Rs 4,000 crore

Rediff.com   12 May 2011

Equinox plans to launch 1.4 million sq ft residential project in Bengaluru in the last quarter of calender year 2011 and a one-million housing project in Thane near Mumbai in the next one year.

Real estate draft bill may help home buyers

Real estate draft bill may help home buyers

Rediff.com   11 May 2011

Concept of a real estate Bill has been around in the government for almost 10 years now.

Piramal shelves plans to sell Indiareit

Piramal shelves plans to sell Indiareit

Rediff.com   29 Apr 2011

Religare, promoted by billionaire brothers Malvinder and Shivinder Mohan Singh, was in talks with Piramal for six to eight months to buy nearly 80 per cent in Indiareit for around Rs 300 crore (Rs 3 billion).

Unitech says brand not hit by 2G scam

Unitech says brand not hit by 2G scam

Rediff.com   28 Apr 2011

Unitech founder and chairman Ramesh Chandra gets into office at 9.30 am every weekday and leaves at 4 pm sharp. That has been the work schedule for Chandra, 70, over several years, perhaps decades.

Satellite town plan to go beyond 2012 deadline

Satellite town plan to go beyond 2012 deadline

Rediff.com   21 Apr 2011

The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.

Rising input costs keep realty prices up

Rising input costs keep realty prices up

Rediff.com   18 Apr 2011

Cement and steel prices have shot up sharply in the past four months, with steel prices rising 10 per cent and cement increasing 34 per cent since January.

Developers offer freebies but buyers not tempted

Developers offer freebies but buyers not tempted

Rediff.com   7 Apr 2011

Freebies do not seem to have attracted many buyers, as both property prices and lending rates continue to remain high.

Future Group in talks to sell cars

Future Group in talks to sell cars

Rediff.com   7 Apr 2011

Big Bazaar stores have sold 900 Nano cars since February, when Tata Motors made the arrangement.

'Retail policy focuses on the wrong end'

'Retail policy focuses on the wrong end'

Rediff.com   28 Mar 2011

Walmart is still waiting for the multi-brand retail sector to open for foreign direct investment.

Health Min may ban two drugs soon

Health Min may ban two drugs soon

Rediff.com   16 Mar 2011

The move comes after international studies revealed that Gatifloxacin posed 17 times higher risk of developing serious hyperglycemia than other antibiotics in elderly patients.

MGM Grand plans to open hotel in Delhi

MGM Grand plans to open hotel in Delhi

Rediff.com   8 Mar 2011

This will be MGM's first destination in India, and it expects to be ready by early 2014. There won't be any casino here, though.

Apparel to cost more at Pantaloon Retail

Apparel to cost more at Pantaloon Retail

Rediff.com   17 Feb 2011

Pantaloon Retail, the country's largest retailer, is looking at increasing the prices of its apparel products up to 18 per cent, to improve margins in the coming quarters, said a top group executive.

Future Group to float Ezone as a separate firm

Future Group to float Ezone as a separate firm

Rediff.com   15 Feb 2011

Kishore Biyani's Future Group will hive off its electronics business into a separate company, as continued promotions and increased competition are taking a toll on its margins.