IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
Raheja-owned retailer Shoppers Stop has gone off the beaten track. At a time, when bigger players such as Pantaloon and Aditya Birla Retail are either shutting stores or looking at halting expansion to preserve cash and check losses, Shoppers Stop is moving ahead with its expansion plans.
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
Size of targeted firms for M&As increases from $10-20 mn to $80-100 mn.
Borrow at 4% interest a month; some resort to bulk sales, offer 10-20% discounts
Bombay Realty, a unit of the Wadia group, recently launched a residential project in Mumbai. The company is looking at more projects in Mumbai and Bangalore. Managing Director Jeh Wadia talks about the company's strategy.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
The retail arm of the Tatas is closing stores in its loss-making value fashion format, Fashion Yatra, and is reworking its operations in Sisley brand.
India's largest FMCG company expects a rent of Rs 200-250 a sq ft or a capital value of Rs 300 crore (Rs 3 billion) from the prime Mumbai property.
The company said these numbers represented the offers made to only engineering students at Indian campuses and the final hiring target for 2012-13 would be announced by the end of March.
Amid the perception of gloom and doom in the Indian property market, here's something to cheer about. The real estate industry has given 1.21 times, or 20 per cent, average returns to private equity (PE) investors in the past four years, compared to the global average of 0.8 times.
After the UPA regime's move to suspend its decision on foreign direct investment (FDI) in multi-brand retail, the industry is turning nervous about the prospects of single-brand retail as well.
After the UPA regime's move to suspend its decision on foreign direct investment (FDI) in multi-brand retail, the industry is turning nervous about the prospects of single-brand retail as well.
The UK's largest retailer, with revenues of 67 billion pounds, is currently focusing on its existing franchise agreement with the Tata-run Trent.
Clients picky on various heads; vendors need to maintain share.
The FDI floodgates have opened mega opportunities for not only brick-and-mortar retailers, but for their virtual peers as well.
America's Walmart is likely to be the first overseas chain to enter the $590-billion Indian retail sector, as the the world's biggest retail giant is extending its parternship with Sunil Mittal's Bharti Enterprises.
Almost a year after launching its Rs 1,000-crore (Rs 10-billion) domestic fund, ICICI Venture, one of the largest private equity firms in the country, raised Rs 200 crore (Rs 2 billion) last week, according to sources privy to the development.
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