Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
The company, which retails maternity and baby products under 'Mom & Me', wants to open 50 stores under the brand name
Could launch high-end models once 4G technology picks up in India.
Many private equity funds and retailers, who have long-term vision, will come to India, says Biyani.
Breakfast meeting between Timothy Geithner, US treasury secretary, leading industralists due Wednesday.
J G Kulkarni, executive vice-president at Crompton Greaves and newly appointed president of the Indian Electrical & Electronics Manufacturers' Association speaks to Businsess Standard on the challenges and opportunities.
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
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.
Bengal minister says Mamata's pullout from UPA will not hit capital flow.
Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.
Congress party circles are talking about a major Cabinet reshuffle on September 18. Rural Development Minister Jairam Ramesh, Public Health Minister Gulam Nabi Azad and Social Justice Minister Mukul Wasnik are said to be tipped for party organisational work, while party spokesman Janardan Dwivedi and his junior Manish Tiwari are likely to be included in the Union Cabinet.
A businessman-journalist and Rajya Sabha member from the ruling Congress party, Vijay Darda has recently shot into national limelight, but, for all the wrong reasons -- he has become embroiled in the coal-gate scam that has currently swept the nation.
A committee headed by Indian Institute of Technology Bombay professor K V K Rao would probe the incident and suggest safety measures to avoid such instances in the future.
The total project cost has been pegged at Rs 14,500 crore.
BMC officials will hold a meeting through video conferencing with representatives of India Meteorological Department, and the Indian Institute of Tropical Meteorology and Mekorot officials on Thursday to draw an action plan in this regard. The move comes at a time when Mumbaikars are suffering from water cuts due to deficient rainfall.
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.
In an interesting meeting scheduled for July 13, Pranab Mukherjee, the ruling United Progressive Alliance coalition's nominee for the Presidential election, would be calling on Shiv Sena chief Bal Thackeray, to thank him.
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.
CM Prithviraj Chavan indicates issue to be discussed once again by Cabinet
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