Pantaloon Retail, the country's largest retailer, is looking at increasing the prices of its apparel products up to 18 per cent, to improve margins in the coming quarters, said a top group executive.
NPCIL will comply with all the 35 conditions stipulated by MoEF.
Kishore Biyani's Future Group will hive off its electronics business into a separate company, as continued promotions and increased competition are taking a toll on its margins.
With the cricket World Cup mood building up, bookies and punters across India have taken their positions. Sources involved in betting, who did not want to be identified, fearing police action, estimate a turnover of about Rs 10,000 crore (Rs 100 billion).
The state-run Maharashtra Industrial Development Corporation (MIDC) recently handed over the land. The company was exploring investment opportunities in various states and finally selected a site at the Shendre industrial estate near Aurangabad.
The ministry holds about 1.73 million acre of land.
Raheja-owned Hypercity plans its growth on the back of quality merchandise rather than cheaper price points.
The legal battle between Lavasa Corporation, an arm of Hindustan Construction Company involved in the development of a hill city in Maharashtra, and the Ministry of Environment and Forests (MoEF) is expected to prolong further.
India has set a new record by crossing 10,000 Mw of capacity addition in a single financial year since Independence.
Lavasa is attempting to create an idea that such a city can be built, and rapidly, and not only restore or preserve the ecology but enhance it as well.
During the ongoing crushing season, mills have so far produced 3.36 million tonne (mt) of sugar and unsold stocks have touched 1 mt. Sugar prices are at Rs 2,585-2,630 a quintal, compared with Rs 2,850 a quintal on December 31.
On the back of recent controversies involving the release of Niira Radia tapes, allocation of 2G spectrum and alleged financial irregularities in the Commonwealth Games, the Confederation of Indian Industry (CII) plans to launch a "moral leadership" campaign to combat the rising incidents of corruption.
Maharashtra Chief Minister Prithviraj Chavan plans to overhaul the Rs 15,000-crore Dharavi redevelopment project. Chavan - who has already flagged what he called an "unholy nexus" among builders, politicians and middlemen in the wake of the Adarsh housing society scam - now wants state-run Maharashtra Housing & Area Development Authority (Mhada) to carry out the big-ticket project.
Truck rentals during calendar year 2010 rose by 24-40 per cent on trunk routes, with robust manufacturing growth and high consumer spending. However, the rentals stabilised during December and are expected to remain firm in the first quarter of calendar year 2011.
Chief Minister Prithviraj Chavan appointed Subodh Kumar, a 1977 batch IAS officer, as the commissioner of India's richest civic body - the BrihanMumbai Municipal Corporation (BMC). Kumar replaces Swadhin Kshtriya who has been appointed as the revenue secretary.
Mumbai has jumped five positions to become the third-most preferred property investment market in Asia Pacific in 2011, according to new survey.
After government's measures like export ban and import from Pakistan, average wholesale prices of onion in Nashik district's various Agriculture Produce Market Committee (APMC) markets have come down by around 45 per cent to Rs 2,071 a quintal in the last three days.
Latest CBRE data show Mumbai and the National Capital Region together have just 13 per cent more office space than Bengaluru.
The Maharashtra government has launched a "restaurant" to save the vulture, nature's most efficient scavenger. The 20-acre restaurant is located in the Fansad sanctuary in the Raigad district which is spread over 50 sq km.
The Maharashtra government has scrapped its policy to grant additional floor space index (FSI) for public parking in Mumbai city under its Development Control Regulations 33 (24). The government had notified the extra FSI for parking one-and-a-half years earlier following a rise in vehicle population and the need for parking in the city.
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