Per capita income in India is increasing, including in tier-II and tier-III cites. In these cities the competition is less, as are the rentals. It is very viable as a business proposition to open showrooms in these cites.
The year 2018 is likely to be steady in terms of institutional investment into real estate
Prem Mehta, CMD, Lintas India said both parties had reached a mutual agreement and the case was now awaiting the approval of the Foreign Investment Promotion Board.
As the process to merge Air India and Indian gathers momentum, a business model that is understood to have found acceptance among officials has recommended creation of the post of a group CMD for the merged entity.
The first fresh-mint aircraft of the state-owned carrier, Indian, which has ordered 43 aircraft from the European manufacturer Airbus Industrie, arrived at the Indiara Gandhi International airport on Thursday morning.\n\n
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
Harsh Mariwala, CMD, Marico Industries, touched upon the key challenges facing marketers and what brands must do to remain relevant.
As per the current policy, 100 per cent foreign investment is allowed in scheduled air transport service, domestic scheduled passenger airlines and regional air transport
The company will grow better than the industry
Venu Srinivasan, CMD of TVS Motor, believes that margin pressures will continue due to raw material costs. He further states that the company hopes to maintain gross margins in FY07.
Air India will be saving $150 million over 15 years by mounting advanced General Electric engines GE90-115B on its 27 Boeing 777-300ERs aircraft.
Bangalore-based Desk To Desk Courier company is foraying into the Chinese market next month.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
The Federation of Indian Airlines, the group formed by various carriers, has appointed Amitabh Khosla from CII as Executive Director to head its secretariat and plans to have a Director General later.
Bharat Sanchar Nigam Limited said on Friday it would seek a lower price from vendors Ericsson and Nokia ahead of awarding them an estimated $4.8 billion contract for adding 45 million GSM lines to its network.
With liquidity position in the system being comfortable, credit growth is expected to pick up from now onwards, IDBI Limited Chairman and Managing Director V P Shetty said in Mumbai on Wednesday.
The flight was scheduled to depart at 1.45 pm but due to the non-availability of the pilot it could take off only at 2.30 pm.
India's public sector telecom operator Bharat Sanchar Nigam Ltd plans to roll out triple play broadband services by January 2007, starting with the cities of Pune and Chennai.
External Affairs Minister Pranab Mukherjee will inaugurate the 26th edition of the India International Trade Fair that will see the participation of 34 countries apart from India.
BSNL can go ahead with its over Rs 20,000 crore (Rs 200 billion) GSM expansion plan as Motorola withdraws its application challenging the former's tender process in the Delhi High Court.
Biocon Ltd ill seek Drug Controller General of India's approval for its novel monoclonal antibody indicated towards the treatment of head and neck cancer, Biomab EGFR.
Air India has decided to set up an aircraft maintenance, repair and overhauling facility centre in Thiruvanathapuram, V Thulasidas, CMD, Air India said on Monday.
The Boeing Company's proposed MRO base in Nagpur for maintenance and repair of aircraft may have another partner in addition to state-owned carrier Air India.
Few doubt that the markets are safe in the long run given the economy's growth path, it is in the short term that there are some fears.
Coming out of its self-imposed shell, Union Bank of India, the fifth largest public sector bank in the country, is moving forward to opening branches overseas. The bank has over 2,000 branches across India, but no branch overseas.
Bharat Sanchar Nigam Limited on Monday expressed willingness to lower the 'carriage' charge, a move which will lead to lower STD call rates between Delhi and Mumbai to start with.
Having achieved a subscriber base of over 10 lakh in Mumbai, state owned Mahanagar Telephone Nigam Ltd has approached the government for an additional frequency of two MHz to expand its cellular mobile services.
Bankers do not expect any major changes in key interest rates by the Reserve Bank in its quarterly review of the monetary policy on October 31.
Dena Bank entered into rupee drawing arrangement with UAE Exchange Centre LLC, Abu Dhabi, the largest Exchange Houses in UAE.
With a view to tap the huge rural market for mobile telephony, state-owned BSNL has started providing handsets with new cellular connections.
With Kochi poised to become the IT hub of Kerala, the Pune-based SRK Group on Friday launched its Rs 200 crore (Rs 2 billion) luxurious and eco-friendly apartment project at nearby Kakkanad.
Indian biotech firm Biocon is developing potential 'blockbuster' drugs for treatment of cancer and diabetes, which could hit the market in two to four years.
Vishwapati Trivedi, a 1977 batch IAS officer, on Saturday took over as the new chairman and managing director of public sector carrier Indian (formerly Indian Airlines).
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