Faced with stiff competition from rivals and in a hurry to draw footfalls, hypermarkets are indulging in intense price war.
Despite many hiccups in project implementation, India on Sunday crossed the earlier 10th Five-Year Plan's total addition to generation capacity of 21,180 Mw.
Grameen Bank managing director Muhammad Yunus has asserted that India is well positioned to tap the huge potential for growth of social business within its existing legal and regulatory framework.
When action off the field surpasses the action on field, innovation is what is expected.
Yunus will teach India Inc why and how social business is not charity but business wherein a surplus is passed on to the target group of beneficiaries in the form of lower prices, better service and greater access
Three large property deals have already been finalised this year in Mumbai.
The ruling Congress party in Maharashtra is seeking party general secretary Rahul Gandhi's help to take on Maharashtra Navnirman Sena chief Raj Thackeray in order to consolidate its position by luring youths in the party organisation.
The Central Electricity Regulatory Commission (CERC) has convened a hearing on March 23 to consider various remedial measures to contain transmission congestion that is severely affecting the flow of power to the southern states. The power exchanges and load dispatch centres would make their submissions at the meeting.
Kishore Biyani's Future Group is getting its act together on supplying its private labels outside the group's 1,000-odd outlets, even as Mukesh Ambani's Reliance Retail has already marched ahead by starting to sell some of its private brands to kiranawalas (independent stores).
Truck rentals have surged six-eight per cent, while retail freight is up by 12-15 per cent after a hike in diesel prices by Rs 2.58 (ex Delhi) and Rs 3 per litre (ex Mumbai and Chennai) was announced in the Budget proposal last week.
The devil is in the detail for the real estate sector. Though the Budget gave sops to home buyers in the form of tax savings and interest rate subvention, it quietly brought back service tax on lease rentals in the Finance Bill.
Clearance only after impact analysis, says Jairam Ramesh.
To this end, the state has roped in Ernst & Young (E&Y) to prepare a master plan. E&Y outbid KPMG to win the Rs 1.65 crore (Rs 16.5-million) contract from Maharashtra Industrial Development Corporation.
The Bharatiya Janata Party has resorted to a rath yatra to press for a separate Vidarbha state. For a change, the party does not want to make it an emotional issue like the Ram temple but reach out to the people of 11 districts.Party legislator from Vidarbha, Sudhir Mungantiwar, a frontrunner to take over from Nitin Gadkari as the president of the Maharashtra unit of the party, and Devendra Phadanvis, a confidante of Gadkari, would begin the 'yatra' from Friday.
A cartelisation of Mumbai's real estate, one of the costliest in the world, in the matter of transferable development rights has put upward pressure on prices and has also caused concern in policy circles.In a recent development, just six-odd builders and developers hold 70 per cent of the 2.5-3 million sq ft TDR available. The price of TDR has also surged to Rs 2,500-Rs 3,000 per sq ft from Rs 800-1,000 sq ft in the past six months.
Though the Bharatiya Janata Party, under the leadership of Nitin Gadkari, has launched an exercise to consolidate its position while pursuing coalition politics, it is in a state of dilemma as far as Bihar is concerned.
Rustomjee Business School, promoted by realtor Boman Irani, stands tall on S V Road in Mumbai's Dahisar area. Just a year ago, it was the site of an equally impressive Mega Mart promoted by Vishal Retail.
A revenue department official said against 4,500 sand spots across the state, only 1,300 which had been cleared by the respective gram panchayats are available for auction.
The world's fastest-growing wine market for the past five years, has come crashing down.
Several cities see a fall of up to 36% in sales, even as Mumbai region continues to grow.
