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 once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
The 58-year-old go-to man at the consumer goods maker will helm Global Beverages & Foods that will launch confectioneries, juices and snacks in six-nine months.
Endorsements from actors like Amitabh Bachchan and Surya marks Heinz's renewed bid for a market dominated by Horlicks.
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.
Social media is the new advertising tool for today's politicians and political parties, says Viveat Susan Pinto
November IIP data show a fall of over 20%, led by automobiles, gems & jewellery and home appliances; turnaround seen as unlikely.
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.
The agency proposes to improve revenues from non-advertising segments, integrate non-traditional disciplines and strengthen sister agencies Orchard and Black Pencil.
Reliance has around 100 Delight stores in the country.
Company to focus on manufacturing & distribution.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
This is an effect of general slackening in economic growth; however, this is not true of digital media, where business is booming.
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