Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.
Morgan Stanley has big plans to invest in India's real estate.
He is the man behind Blackstone's India strategy
Like Diwali, Christmas is one of the crucial sale periods for retailers and most of the retailers saw 15-25 per cent like-to-like growth in pre-Diwali sales this year.
In Mumbai, developers like the R K Jatia and Lodha groups have launched or reopened ultra luxury residential projects, complete with limousine and concierge services.
The inability of the economy to create new jobs faster than jobs are lost to automation leads to unemployment.
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, suggest analysts reports.
At the end, however, Allen finds too much of what he calls positive thinking can boomerang.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
Discount chain to expand to the east and west, continue with third-party brands.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
Reliance Retail follows Future Group in online foray
Although markets such as Mumbai and some places in the national capital region have continued to see a slowdown in the property markets over the last three years, developers were pinning their hope on the festive season.
Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.
.jpg)
But no general trade, because that is a completely different channel of distribution.
Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"
High interest rates and prices mean low affordability. Also, developers have huge inventories.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances