Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India.
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
Swiggy is following a path that seems similar to what Meituan, one of China's largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.
It was a quiet reopening with few people venturing warily to watch a mix of regional, English and Hindi reruns such as "Chhichhore", "Thappad", "Tanhaji" and "The Spy".
Take their credit card business to sub-Tier-II cities to tap latent demand
Most analysts had predicted a decline in real estate fixed asset investment.
Zee5 is now the fifth largest streaming app after YouTube, Hotstar, MX Player and Voot, and there is talk of hiving off Zee5 to drive valuation, says Vanita Kohli-Khandekar.
The company's Datsun Go and Go+ ply in the same category.
This is the first time that a car brand will be selling its merchandise on the website.
The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
It hopes to leverage the growing number of mobile transactions
In 2015, India's domestic aviation market clocked 81 million flights.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
The S&P BSE Sensex ended 190 points up at 23,382.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Reserve Bank of India has permitted banks to offer credit or non-credit facilities to Indian joint ventures or wholly owned subsidiaries aboard up to 10 per cent of their unimpaired capital funds, both tier I and II.
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
It was not a day for FA Cup romantics as Manchester United scrambled past Sheffield United and minor league Eastleigh came within a whisker of causing the third round's only genuine shock.
ISRO has an opportunity to be the one-stop shop for satellite manufacturing, and Alpha Design is just the booster it needed.
V G Mathew, managing director and chief executive officer of South Indian Bank speaks to Gireesh Babu, about demonetisation impact, rights issue and future plans.
Theatres are finding innovative new ways to increase footfalls, discovers Vanita Kohli-Khandekar.
'What would we feel if we found the world behaving the way it has?' 'Forced to fight our own prolonged battle; nobody from outside really demanding that the war end or actively working to make it end, and above all, a completely toothless United Nations reduced to pleading for a halt to the violence,' notes Shyam G Menon, exactly a month after Vladimir Putin ordered the invasion of Ukraine.
Debit card use at POS terminals increasing at rapid clip, transactions at ATMs declining
Globally, jewellery buying fell 14%, investment slid 11%.
It also marks the culmination of the revamp exercise that the brand undertook 18 months back, spearheaded by Nellaiappan Thiruambalam, who was appointed as director and CEO of the personal care and foods division in April 2013.
Cloned journals have become more rampant in the post-pandemic world.
Last year, placements at the engineering institutes were relatively subdued due to the slowdown in the economy. Many Tier-I and -II IT companies skipped campus visits. As a result, even the premier Indian Institutes of Technology (IITs) were able to achieve only 75-80 per cent placements. And many students had opted for higher studies or jobs in teaching.
Some have welcomed this shift in the government's stance.
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes.
Online retail is increasing market share rapidly.
New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee.
Several factors force women out of the workforce. But mainly it's lack of good childcare facilities.
All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
'Last Saturday, the largest number of people travelled by air on a single day!' 'There is a kind of hunger among consumers to spend as they have been confined to their homes and not spending for almost 2 years.'
As competition hots up in the direct-to-home (DTH) space, operators, including Dish TV and Sun Direct, are now turning to foreign language channels to build their content bouquet in a bid to take themselves ahead of other players.
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases
The sportswear major has picked the activity to encourage a community around it in colleges.
