The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP). "Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.
Senior Member of Parliament from the Communist Party of India-Marxist Vrinda Karat said workers in the country are at receiving end of Centre's anti-labour policies and promotion of multinational firms.
Hotels are also relying on couples who had earlier planned destination weddings but are now considering options within the country.
Retail prices of tomato had touched almost Rs 80 per kg in major cities owing to short supply and transportation cost over the past few weeks following heavy downpour.
A June 11 survey by cLocalCircles across 299 districts puts overall vaccine hesitancy levels at 18 per cent, with 11 per cent of the respondents saying they were not convinced if the currently available vaccines would protect them against the new strains; and 5 per cent said they do not plan to take the vaccine at all.
The Matunga restaurant, known for its cleanliness and quick services, was established by Gopal Purshottam Kamath.
Canara Bank has issued a legal notice to the Patels seeking recovery of dues amounting to Rs 11.75 crore, loaned to them for financing their business.
This will be the largest claim in the aviation sector for Indian insurers in the last three years
With increasing animal prices, labour and transportation charges, production cost has gone up significantly.
The meeting is significant as PM Modi heaped heavy praise for the NCP during a debate on Monday to mark the 250th session of the Rajya Sabha was viewed with interest.
Large stocks were ruined in transit due to thunderstorm and rainfalls in the north and the north-east states, resulting in fewer kilos of potatoes at mandis.
The BJP has been inducting leaders from the NCP and the Congress since the last few months to expand its footprint in the regions where the party lacks organisational base.
An Enforcement Directorate official said that the searches would continue through the day.
Domestic wineries have moved from creating predominantly sweet wines in their initial years to drier, complex blends now. They also seem to be investing more in wine tourism.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
Traders said wholesale prices are firm as supplies from producing regions have been lower in the past couple of days.
Increased price control over branded generic medicines has affected its profitability
Russia -- already India's biggest arms supplier from 2014-18, accounting for 58 per cent of India's defence imports -- eyes more, reports Ajai Shukla.
The best part -- these trips don't require an airline ticket!
An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
In UP, potato prices have moved marginally up so far this month.
The domestic availability of onion has been affected on account of damage to kharif crop because of unseasonal rains in key producing states including Maharashtra.
Private traders had placed orders early this month with Egyptian suppliers at $320 a tonne
Former champions Mumbai claimed three points against Baroda after their four-day Elite Group A Ranji Trophy game ended in a draw at the Wankhede Stadium.
Shekhar Bajaj, chairman and managing director of the firm, explains to Viveat Susan Pinto on what led to this sales jump, besides throwing light on the benefits accruing to the sector on account of the GST rate cuts in appliances.
Traders estimate around 30 per cent of rabi crop damage.
Micro may soon overtake rival Uber in terms of number of rides.
'We told the victims this was the only opportunity for them to get their story recorded.' 'If they did not recount their version the other side would concoct their own theory about what happened at Bhima-Koregaon.'
The auto maker wants to cut output in the wake of low demand.
Prices of broiler chicken had hit the record high in June on supply shortage following the government's decision to cull thousands of birds in the states with Avian Influenza outbreaks.
Onion supply to the city, which comes from Maharashtra, Rajasthan and Madhya Pradesh, is normal at 12,000 quintals in Azadpur, Asia's largest wholesale market, it added.
Companies have also managed to find talent created by frequent exits.
The 124th birth anniversary of Dr Bhimrao Ramji Ambedkar on Tuesday was observed with traditional fervour across Maharashtra.
Shreyas Iyer slammed 178, while captain Siddhesh Lad made a responsible 130, to power Mumbai to an imposing score of 439 for eight against Baroda, on Day 1 of the Ranji Trophy match.
Summary of sports events and persons who made news on Saturday
The National Democratic Alliance government has adopted half measures instead of moving decisively on defence.
The crux of the problem is change, specifically the Rs 500 note, which India's presses cannot, currently, print in adequate number, says Sahil Kini/IndiaSpend.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
An excerpt from Conde Nast India's Make In India magazine.
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