Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Sources said many individual investors were interested in applying for the NFO, due to additional benefits being offered such as upfront discounts and loyalty bonuses.
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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
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The ETF is expected to fetch the govt Rs 3,000 crore.
With Maruti Suzuki refusing to go back on the plan, these investors have approached the Securities and Exchange Board of India, which is examining the possibility of taking action under Section 11 of the Sebi Act.
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
Regulator believes Jet Airways deal triggers open offer
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
Exchange-traded currency futures volume down 80% since Jun
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Indian property markets are not in the pink of health.
Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
The Reserve Bank of India (RBI) allowing the use of put options in investment agreements has brought needed clarity but it has come with strict restrictions. These could impact investors looking for a minimum rate of return, experts say.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
The UK-based retailer can add to the best practices it already brings to Tata's retail business.
French giant might apply for multi-brand retailing if UK rival gets nod.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Reliance has around 100 Delight stores in the country.
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