India's booming real estate sector has more than doubled the number of billionaires from this space in just 12 months, with DLF's Kushal Pal Singh emerging "the world's richest real estate developer." Among 54 Indian billionaires identified by Forbes magazine, there are seven real estate developers with a net worth of over a billion dollar each.
K Raheja Corp Group company HyperCITY Retail India on Saturday its first HyperCITY Argos, a catalogue shopping retail format in Thane. HyperCITY Retail, along with its group company Shoppers' Stop, recently entered into a franchise agreement with the Home Retail Group, UK, to launch the Argos format in the country.
Hiranandani, K Raheja Builders, Gamon Infrastructure and Kalpataru are reported to have shown interest in the Rs 9,300-crore project, launched by the Slum Rehabilitation Authority (SRA) of the Maharashtra government.
Shopper's Stop soared 20% at BSE following reports of a buyout by RIL and A V Birla group.
AIM is thus an easier and attractive option for Indian businesses to raise public funds
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore
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In addition to Tier-1 and Tier-2 cities where the company has a presence, we have also identified 23-24 cities for expansion.
Women have been leaving the investment decision to husbands.
Riding high on the recent success of pure-play real estate biggies in the Indian capital market, another realty firm is taking one step further by aiming to list on London Stock Exchange to raise about Rs 1,520 crore
Globus has signed bollywood actress Kareena Kapoor as its new brand ambassador. Another cinestar Soha Ali Khan endorsed the brand for a while.
Rajan Raheja Group's apparel retail chain Globus is planning to invest up to Rs 150 crore (Rs 1.5 billion) over the next three years to take the number of its exclusive outlets to 50.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
The Andhra Pradesh government would take a decision on setting up three more IT parks in the city in the next two months.
'One is not advocating that you have to necessarily come back to the country to repay what it has done for you. But give your country a thought.' Ashutosh Gowariker discusses Swades.
Bullish on the growth of retail sector in India, Raheja group company Inorbit Malls said On Wednesday it would invest around Rs 1,500 crore (Rs 15 billion) over the next three years to build malls in west and south India.
Love, fear, sadness, and many more, seen through the filmi lens.
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