India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'
Sazerac Company, the largest distiller in the US, is looking to leverage India's position as the world's largest whisky market to introduce a range of bourbon whiskies in the country. Identifying India as a key priority market, Diego Bianchi, general manager of emerging markets and Barrel Select at Sazerac Company, told Business Standard that new consumers, including women, will be key drivers for the growth of the category in India. "India, particularly, is where some of the fastest-growing consumers are.
The management feels that environment in India is not conducive to make further investments. It plans to wait until 2015 and hope things will improve by then.
Decathlon is expecting to double its business in the country in the next three to five years, Decathlon India CEO Sankar Chatterjee said, according to local media reports.
Royal Enfield is planning to introduce its electric bike initially in developed markets such as Europe and the US where it anticipates better traction for the premium product, a top company executive said on Tuesday. Royal Enfield, a division of Eicher Motors, forayed into electric bike space on Monday with the unveiling of its first model under the all-new Flying Flea brand.
India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.
While other foreign banks are still shrinking their loan portfolio, Standard Chartered Bank says it is seeing a double-digit growth
Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm - Ingka Investments - to India, a senior company executive said during an interaction in New Delhi. The move suggests that the group is looking at India as a priority market. The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements.
PepsiCo is trying to dislodge Coca-Cola in drinks, though the gap is still large.
Next in line will be mega stores in cities such as Gurgaon and Bengaluru, though timelines for launch have not been specified yet. The company will also launch two more city-centre or smaller stores in 2021 in Mumbai to reach a wider audience.
Political controversies aside, Twitter's business in India is expanding, and creating opportunities for Indians, reports Neha Alawadhi.
"They have apologised for hurting Indian sentiments and have sworn to correct the error by November 30, 2020," she added.
'12% of all our global trips are done in India.'
Both its short video-sharing apps have ranked as the top two breakout social apps of 2019 in India.
"Our partnership with Nokia is an important step forward ... The key there is not only to innovate on software, which we will work together over time, but also work on next- generation hardware innovations with them," Microsoft Chief Executive Officer Steve Ballmer said.
Aviva India is reviewing its India plans and proposes to enter the asset management and general insurance sectors.
'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.'
Walt Disney is planning to open 135 more stores in India over the next four years.
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.
Walt Disney finds another platform for its cartoons -- your mobile.
Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13
HSBC Holdings Plc will shut its private banking business in India, a spokesman said
Home appliances maker Faber India, a joint venture of Faber SpA, Italy, and Heatkraft of Pune, has identified India as a priority market for its range of kitchen chimneys, officials said in Chennai on Friday.
Citibank, which regards India as its top-most priority market after profits from country operations grew by 45-50 per cent in the last few years, now plans to increase its presence through 300 centres and in 35 cities in two years.
While demand for hair care products is increasing in both rural and urban markets, urban consumers have proven to be more extravagant, reports T E Narasimhan.
For Hitachi, India remains a very important market for high-end products.
During his maiden visit to India, the 41-year-old, nose ring-sporting Dorsey wants "to experience everything", according to a tweet he posted on November 10, but mainly reach out to all political parties and meet government officials -- at the Centre and in states -- as well as senior police officer and civic body officials, so that he can assist in delivering governance through Twitter. This will also help the social media giant chalk out its next stage of expansion.
Uber valued at $53 billion, is looking at more than 50 per cent market share in India by the first quarter of 2016.
British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
StanChart to hand over pink slips to its employees in India too.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
India is its second-biggest market in terms of geographical presence
Parle is taking one step at a time as it moves ahead in the pulse biz. Carpet bombing will not work. The company goes slow with Fresh Harvest dal rollout.
Unlike Pepsi's Kendell Jenner ad, Tata Tea's Jaago Re campaigns were careful not to insert its product in the ad's storyline and they targeted topics on which there was near unanimity of outrage.
Global beverages and snacks major PepsiCo on Monday roped in former Nokia head for emerging markets, including India, D Shivakumar as its Chairman and CEO, India Region.
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