Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013.
Loan defaults and restructuring to limit profits.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
Outbound deal count in the current calendar year fell to 100 from 154 in 2012.
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.
Reliance has around 100 Delight stores in the country.
The stores will sell products under the Fashion at Big Bazaar brand.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
Regulator seeks clarification on transfer of convertible debt after merger
Analysts say worst seems over but RBI's helping hand needed in form of rate cuts.
Sales have picked up in the past few days for retailers in the apparel and consumer durables segments.
Currently, foreign lenders are present in India only through branches or representative offices.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
The fund is to invest in income generating assets such as malls, office complexes among others.
.jpg)
While private equity giant Blackstone and Pune-based realtor Panchshil Realty had offered Rs 800 crore for the building at Nariman Point, the building's owners -- Viveck Goenka, chairman and managing director of the Indian Express Group, and private equity firm ICICI Venture (which has 49 per cent stake in the property) -- expected the sale to fetch Rs 900 crore, said the executive.
.jpg)
He started a fund with Rs 800 crore and made several investments.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances