In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year
While Gurugram sees biggest drop in house prices, housing sales in Bengaluru dropped by 45 per cent followed by Kolkata, a 44 per cent decrease, and Ahmedabad, a 42 per cent decline.
'Financial independence will help unlock the full potential of these businesses.'
It is raining private equity funds in the logistics and warehousing space.
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
Increased price control over branded generic medicines has affected its profitability
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
AND, W, Biba step up their game worldwide. While global brands go all out to woo India customers.
The Swedish fashion-retail brand cracks open the Indian market faster than its competitors, gaining from an aggressive pricing and retail policy.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
Bombay House will be closed for renovation - its first such closure in 93 years
Indian Hotels rolls back its multi-brand strategy to focus solely on luxury, looks to paint all its properties with the Tajness brush.
'Younger people are taking steps to prevent lifestyle diseases.'
'It is fascinating to partner with consumers on the journey of self-discovery and to help shape people's preferences -- that is what I find most exciting,' Nandini Piramal tells Abhineet Kumar and Aneesh Phadnis.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years