According to a Reliance Retail executive, 20 per cent of the space will be occupied by local vendors selling their agricultural produce, food items and artifacts. Besides, there will be stores for foods and vegetables, entertainment etc.
The MEP has been raised from $225 a tonne in May to $495 a tonne in October. Despite this, domestic onion prices have risen sharply. They are currently available at Rs 24 -28 per kg at the retail level, compared with Rs 8-10 a kg in May.
The Reliance apparel stores will stock all kinds of apparel, about 4,000 products across as many as 94 brands, manufactured exclusively for the company.
Oberoi Constructions, promoted by billionaire Vikas Oberoi, has tied up with the $10 billion Chinese real estate firm Shimao group to bid for the Rs 10,000-crore (Rs 100 billion) Dharavi Redevelopment Project.
The Indian Sugar Mills' Association, the industry lobby group, will take the proposal to Food & Agriculture Minister Sharad Pawar soon, sources close to the development said.
Filmmaker Prakash Jha, well known for his hard-hitting movies such as Gangajal and Apaharan, is set to change the entertainment and retail landscape of eastern India.
Leading property developers have made offers for this prime property, which real estate industry sources suggest could fetch Fiat more than Rs 300 crore (Rs 3 billion).
The ban, although described as temporary, is being seen as a knee-jerk reaction by the state government following the attacks on Reliance Fresh and Spencer's stores and has raised several questions over its farm policy.
Groaning under the burden of huge arrears to sugarcane farmers and rising losses, leading sugar producers of Uttar Pradesh have begun filing cases against a December 2006 directive of the state government on sugarcane prices.
National Agricultural Cooperative Marketing Federation, the central government's procurement agency for non-cereal crops, is in talks with leading retail companies to serve as a back-end supply chain in agri-commodities.
Real-estate consultants and housing finance companies say the number of deals has dropped in suburbs such as Bhandup, Malad, Vasai, Kharghar and Panvel.
The Slum Rehabilitation Authority of Maharashtra has once again extended the last date for submission of expression of interest for the Rs 10,000-crore (Rs 100 billion) Dharavi Redevelopment Project to August 30.
Steve & Barry's, one of the fastest-growing retail chains in the US, is planning to set up shops in India and China.
When the Monopolies and Restrictive Trade Practices Commission shot off notices to 14 cement producers on July 25 for allegedly colluding to raise prices, it was New Delhi's latest flank against the industry.
Large retail chains like Reliance Fresh, Subhiksha and Spencer's have not been able to do sourcing of their entire farm products directly from the farmers.
Kartaar Singh, a farmer of Mokha village in Punjab's Kapurthala district, used to travel about 50 km on his scooter to Jalandhar's new sabzi mandi, or wholesale vegetable market, to sell his vegetables every day.
Through this, the company plans to bid for 35 non-metro airports coming up for development in India as well as international airport developments.
Amid the noise around multinational retail chains queuing up to enter India comes a calming revelation. According to management consultancy firm A T Kearney, not all retail biggies continue in the new markets that they enter.
As real estate investment trusts are yet to take shape in India, about a half a dozen realty firms have started the spadework for listing REIT-like vehicles on the Singapore Stock Exchange.
When Mumbai-born architect Mukesh Mehta first waded into Dharavi a decade ago, he went in as - in his own words - a mercenary looking to make money
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