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DB Realty Ltd is taking aggressive steps to come out of the shadows of the second generation telecom spectrum scam.
We start off the Big B's 70th birthday celebrations with some of his iconic lines in his films.
The Obama Administration is encouraged by recent steps taken by the governments of India and Pakistan to initiate closer trade and commercial ties.
But what has his two decades in 7 RCR meant for a nation in the throws of burgeoning domestic growth, a sudden global crisis and complete political turmoil? Senior Business journalist Shaili Chopra says Manmohan Singh has failed us as an economist but surprised us with his political prudence.
On September 14, the government allowed 51 per cent foreign holdings by multi-brand retail chains with two caveats -- one foreign retail chains like Wal-Mart, Tesco, etc will be allowed to set up shops only in those cities with over 1 million population; and secondly, they can operate only in those states, which allow FDI in retail.
As multilateral negotiations have paused, multi-national corporates have increasingly become aggressive; and our bureaucrats restless.
The government has gone ahead with the move 'notwithstanding the widespread opposition' to FDI in multi-brand retail trade, the party said, adding it would wage struggles "to get this anti-national decision rescinded'.
The real estate market in Bangalore, which has been to an extent insulated from the weak demand uptick across in India, is starting to feel the heat. According real estate advisory firm CBRE - Bangalore witnessed a decrease in sales of residential property in H1, 2012.
Govt recently relaxed sourcing norms for FDI in single brand retail.
It may be long overdue, but consolidation in the media sector will happen very slowly and painfully.
This much needed reform will also help the consumer who is hit with an eight per cent inflation in the month of August mainly for food items and we also expect to see quality improved with products delivered to the market place and the farmers getting a bigger share of the pie, INOC (I) said in its statement.
Faced with tough competition and a slow economy, hypermarkets run by retail biggies are outdoing each other with price challenges, aggressive discounts and combo offerings for the Independence Day sales.
India's Vikas Gowda became only the seventh Indian to qualify for the finals of a track and field event at the Olympic Games when he hurled the disc to 65.20 metres for automatic qualification.
To understand Khanna's maniacal craze, one needed to be have been born in the 1960s. What you see today in television re-runs is a mere rewind into shredded fading memories. It was sheer madness, says Sanjay Jha.
Yahoo has named Marissa Mayer, one of Google's top executives, as its new President and CEO, making her the third chief executive in a year that the struggling internet company has brought on board to turn the its fortunes.
It's intriguing why Pakistani security establishment sent 26/11 handler Abu Jundal to Saudi despite being aware that he would be highly vulnerable. M K Bhadrakumar analyses
While raising the foreign direct investment limit to 100 per cent in the single-brand retail segment six months earlier, the government asked retail chains with over 51 per cent foreign investment to source at least 30 per cent of the value of products sold in the country from Indian small/village/cottage industries, artisans and craftsmen.
Citing a number of factors, including historic valuations, expectations for monetary stimulus, lower oil prices, and a weak rupee, the investment bank said it is 'overweight on private banks, IT services, and health care, but is underweight on consumer discretionary, energy and materials'.
US-based Walmart Stores Inc on Wednesday said it is tightening anti-corruption practices in India, amidst reports of US lawmakers asking the retail giant to review its operations in the country along with those in four other nations.
Yashwant Sinha is currently on a three-day visit to Washington to hold meetings with the think-tank, members of the Indian Diaspora, Congressmen and officials of the Obama Administration.
The oil companies raised petrol prices by Rs 7.50 on Wednesday, a tough but unpopular decision which many see as a strong signal from the government that it's now stepping on the reform pedal.
Oil giant Exxon Mobil beat Wal-Mart Stores to become America's largest corporation.
Shriya Biman Patel is in custody on $1 million bond and booked into the Travis County Jail in Austin, on charges of first-degree felony aggravated assault and arson.
The notification allows farmers to directly sell fresh produce to consumers, rather than through agriculture produce marketing committees.
The beauty and wellness formats will be started in Reliance Hypermarkets in May.
The government on Friday proposed setting up a Rs 5,000 crore venture fund with SIDBI to enhance availability of equity to micro, small and medium enterprises.
Stephen P Cohen, noted South Asia expert has described Pakistan as "America's most dangerous ally," and has said that while Islamabad "professes to be a democracy," it's most important allies are the most authoritarian regimes in the world, namely "the People's Republic of China, North Korea and Saudi Arabia."
Wal-Mart Stores continues to top the Fortune 500 list.
'The public are being told to consume more, even in China and India. A part of the global problem is being attributed to the saving patterns of people in Asia and we are being told that greater demand and consumption in BRIC countries can help ease the pain of the developed world,' says B S Prakash.
It is, in fact, so big and so furtively powerful that it has become an entirely different order of corporate being.
Bihar Deputy Chief Minister Sushil Modi tells Business Standard that foreign direct investment (FDI) in retail will cause job losses and the state doesn't want it. Edited excerpts:
"Now is the right time to enter and establish operations in India's booming retail sector. Domestic and global retailers who have already entered the Indian market are learning about consumer wants, preferences and needs," the PwC said in its report.
There was, however, no common ground between the government and the traders delegation as Commerce and Industry Minister Anand Sharma made it clear to them that there was no question of rollback of the decision to open the multi-brand retail to foreign investment.
Big players like Wal-Mart will kill the Indian retail sector," Prakash Javadekar, member of BJP in Rajya Sabha said.
In India, it is markets that sustain the farmers and not subsidies. We are therefore importing a failed model from America.
The world's largest retail company, Wal-Mart was founded by Sam Walton in 1962.
The Union Cabinet on November 24 approved 51 per cent FDI in multi-brand retail paving the way for global giants like WalMart to open mega stores in cities with population of over one million.
The USIBC -- a body that represents the views of Corporate America -- hailed India's steady progress in advancing major economic reforms in a statement following Cabinet approval for opening up India's vast multi-brand retail sector to foreign direct investment and removing the FDI cap in single-brand retail.
Defence Minister A K Antony expressed his displeasure to Prime Minister Manmohan Singh, in presence of their Cabinet colleagues on Thursday, for permitting 51% Foreign Direct Investment in multi-brand retail.
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