Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
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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Consultants say those selling imported consumer durables, apparel, food products, furniture, etc, are the ones hit the hardest.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
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As home deals are down to a trickle, most are looking at life beyond broking.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
The 4G service may use Reliance Retail, with a surging customer base, as the launch pad
Real estate loans could become NPAs for banks.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
Approaches Morgan Stanley, GIC and Blackstone
Since January 2011, a third of firms making such offers failed to meet new floor; current penalties would have been hefty.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
Realty plans hit roadblock; delay could hit modernisation
The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.
As growth in its traditional stronghold stagnates, it is diving into business areas where competition is cutthroat.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
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