India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
Jet will, however, continue to pay the sale-linked productivity bonus to them.
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
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.
The face of MNC drug firms in India and champion of IPR protection, he oversaw the Swiss giant's India expansion, its forays into new therapies and setting up of its global service centre in Hyderabad
'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.
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
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.
Delhi airport, the country's busiest, runs out of slots due to runway capacity constraints.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
Increased price control over branded generic medicines has affected its profitability
Brands in India are finding newer, more innovative ways to engage with a wider audience during festivals. But they still have a long way to go before they match global campaigns.
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.
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