The stores will sell products under the Fashion at Big Bazaar brand.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
Regulator seeks clarification on transfer of convertible debt after merger
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
Analysts say worst seems over but RBI's helping hand needed in form of rate cuts.
Sales have picked up in the past few days for retailers in the apparel and consumer durables segments.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
The fund is to invest in income generating assets such as malls, office complexes among others.
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While private equity giant Blackstone and Pune-based realtor Panchshil Realty had offered Rs 800 crore for the building at Nariman Point, the building's owners -- Viveck Goenka, chairman and managing director of the Indian Express Group, and private equity firm ICICI Venture (which has 49 per cent stake in the property) -- expected the sale to fetch Rs 900 crore, said the executive.
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He started a fund with Rs 800 crore and made several investments.
In 2011, RB and TTK had dragged each other to court over TTK-LIG, the joint venture set up for manufacturing condoms.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
While one of them is on the verge of opening, three others are expected to come up in the next three years.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
With Big Bazaar Direct, the company franchisees will visit customers to take orders and the products would be delivered in three to seven days.
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