At least half a dozen such applications, including those from Celio, Gruppo Coin and Artsana, are in the works and are expected to be sent to the government in a few weeks.
The government is trying to send a signal it wants to stimulate the economy and the stock market.
To reduce its mounting debt, DLF, the country's biggest real estate company, is set to sign a deal with Mumbai-based Lodha Developers for selling one of its showcase non-core assets the 17-acre National Textile Corporation (NTC) land in Mumbai.
Planet Retail is owned by non-resident Indian V P Sharma and Samsonite's Ramesh Tainwala.
Regulator may relax norms to help companies achieve 25% public float.
Real estate companies' borrowing costs have moved up by a third in the last one and a half years, from 11.5-12 per cent to 16 per cent now.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
With shares of most companies listed this year slipping below their issue prices and two initial public offerings (IPOs) already withdrawn, the scenario has remained challenging for the primary market.
Other fashion formats such as 'Central' mall chain, 'Brand Factory' and 'Fashion at Big Bazaar' remain under Future Group and eye expansion
Among the top realty fund managers in India; has also ventured into retail, credit among various other sectors and is investing in dozens of firms
The notification allows farmers to directly sell fresh produce to consumers, rather than through agriculture produce marketing committees.
Raheja-owned retailer Shoppers Stop has gone off the beaten track. At a time, when bigger players such as Pantaloon and Aditya Birla Retail are either shutting stores or looking at halting expansion to preserve cash and check losses, Shoppers Stop is moving ahead with its expansion plans.
Borrow at 4% interest a month; some resort to bulk sales, offer 10-20% discounts
Bombay Realty, a unit of the Wadia group, recently launched a residential project in Mumbai. The company is looking at more projects in Mumbai and Bangalore. Managing Director Jeh Wadia talks about the company's strategy.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
The retail arm of the Tatas is closing stores in its loss-making value fashion format, Fashion Yatra, and is reworking its operations in Sisley brand.
A more proactive government and some level of fiscal discipline are needed to sustain the current rally, says Suresh Mahadevan, managing director and head of equities, UBS Securities (India).
India's largest FMCG company expects a rent of Rs 200-250 a sq ft or a capital value of Rs 300 crore (Rs 3 billion) from the prime Mumbai property.
According to the new takeover guidelines, if they buy 25 per cent or more, they will have to make an open offer for another 26 per cent.
Investment bankers generally laugh all the way to the bank once shares get listed on the bourses, but they may have to hang around a bit longer. The Securities and Exchange Board of India (Sebi) is planning to make the bankers managing an issue responsible for the end-use of issue proceeds.
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