Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
CPPIB is looking to partner with RMZ because the latter is aggressive on both new developments and acquisitions.
With Pirojsha Godrej at the helm, Godrej Properties posted a fourfold jump in profit in the third quarter of the current financial year, probably the only real estate company that did so well in that quarter.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
The logistics segment is becoming a hot favourite of private equity, of late.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
CBDT circular issued last month had raised multiple taxation concerns.
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier-II and tier-III cities, as not many budget or affordable housing projects are in the works in metropolitan cities.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Looking for a way out, property developers deal in banned notes.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
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