Watch and jewellery manufacturer Titan Industries on Wednesday forayed into the fashion accsssories industry with the launch of sunglasses.
Split air-conditioners are grabbing increasingly larger pie of the AC market in India at the cost of window air-conditioners. They currently comprise 30 per cent of the one million unit room ACs market in the country.
The Shanghai Stock Exchange has registered maximum fall (56 per cent) from its peak, while the benchmark index of the Bombay Stock Exchange dipped by as much as 40 per cent and the Manila Stock Exchange dropped by 39 per cent, registering the third largest fall. The report added that 'having lost one fifth to one third of their value, equity assets would appear to have greater upside rather than down side prospects.
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
Liquor major Shaw Wallace plans to enter the Rs 18,000 crore (Rs 180 billion) country liquor market this year to broaden its product portfolio and boost revenues.
Within five days of the budget, the RBI brought in housing loans below Rs 50 lakh under priority sector lending.
Navyroof.com, a company that highlights investment opportunities in the most upcoming areas of India to the UK investors, Managing Director Andrew Fassnidge said : "All the economic indicators project a bright, sustainable future for India. In the last two years alone, property prices in India increased by 70 per cent." India is also seen as an attractive destination due to the Indian government recently relaxing rules for foreign investment in the housing sector.
Brokerages are expanding the universe of stocks they cover amid a boom in the market. Several stocks in the mid-cap universe are now tracked by more analysts than they were a year ago. For instance, SBI Cards and Payment Services is now tracked by 17 brokerages, compared to just four a year ago.
"African information and communication technologies industry is an exciting place to be. Market liberalization continues and most countries have established regulatory bodies to ensure a fair, competitive and enabling environment, Hamadoun Tour, secretary-general of the ITU said on Monday. The secretary-general was speaking at the opening of a major trade fair "ITU Telecom Africa" in Cairo inaugurated by Egyptian President Hosni Mubarak.
Projections suggest online food delivery market should grow to $22 billion by 2025.
Snow blankets Games, delays Gu's return to competition
Retailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.
Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is "now in the process of effecting a momentous leadership transition." Ambani has three children -- twins Akash and Isha, and Anant.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Brazilian aircraft maker Embraer is betting big on the growing aviation markets in the smaller cities of India.
Big chains such as Star Bazaar, Future Group and D Mart have set up separate shelves to sell products of Patanjali.
This market has already overtaken the equity derivative market in terms of volume. With these instruments, it can set further growth, as the move will pave way for institutional investors' entry.
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
Authorities didn't immediately say what may have prompted the incident in Amarillo, a city in the Texas Panhandle.
Walmart, the world's largest retailer, is tripling its sourcing from India to about $10 billion a year by 2027, said Judith McKenna, president, and chief executive officer of Walmart International, the segment which includes the company's operations outside the US. "To achieve this, we are growing our sourcing team in India," said McKenna, during a fireside chat with YourStory founder Shradha Sharma at Converge@Walmart, the flagship event of Walmart Global Tech India. "Walmart has a 20-year history of sourcing from India and already exports more than $3 billion worth of Made-in-India goods each year to 14 markets worldwide." McKenna said the company has expertise in processes such as international standards and demand forecasting that businesses need to get ready to export.
The increasing number of generic players tapping the US market for known molecules has resulted in pricing pressures and lean margins.
The acquisition of Walmart India adds a strong talent pool with deep expertise in the wholesale business that will strengthen Flipkart's position to address the needs of kiranas and MSMEs uniquely.
In what may be seen as worst fears of National Security Advisor M K Narayanan coming true, a US report on terrorism has said pro-Pakistan Jaish-e-Mohammed was investing in commodity market and real estate to raise funds for its terrorist activities.
In the 42 months since Air Deccan became a credible and stable challenger to the erstwhile ruling triumvirate of Jet Airways, Indian Airlines and Sahara, the new entrants have garnered about 44 per cent of share of the market.
According to the figures for January, budget carriers alone -- such as SpiceJet, GoAir, IndiGo, apart from Deccan -- have 34 per cent share of the market. A year ago, the figure was only 20.8 per cent.
Automaker plans a variant priced between Gypsy and Grand Vitara.
Europe's largest car maker, Volkswagen AG, today started production of its small car Polo at its plant in Chakan near Pune. Stating that the company would launch a saloon by the middle of next year, Volkswagen AG said it was aiming for a 10 per cent share of the domestic auto market in the next four to six years.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances