Real Estate

Aditya Birla Fashion to enter in agreement with Forever 21 in India for $26 mn...
06 Jul 2016 Published by Rahul Verma 592 Views

Aditya Birla Fashion and Retail (ABFRL) will take care of clothing brand 'Forever 21' in the Indian market for USD 26 million (around Rs 175.52 crore) transactions under MoU.“The company has executed a business transfer agreement with Diana Retail and DLF Brands for acquisition of the business undertaking of Diana Retail... under the Forever 21 brand and also through e-commerce channel on a going concern basis, in the Indian market," reported ET. Diana Retail is the franchisee of Forever 21 br..

Home sales perk up 7% in December quarter across top 8 metros...
05 Jul 2016 Published by Rahul Verma 897 Views

Home sales across the top eight cities of India improved 7% year-on-year in the quarter to December 2015 while sales rose 15% on a quarter-on-quarter basis on the back of stagnant pricing and discounts by builders during the festive season, according to a report by Liases Foras.The Mumbai and NCR markets saw average price of homes drop 2% y-o-y. Prices in Bengaluru saw an increase of 6%. Prices in most other markets dropped or rose marginally.The Mumbai Metropolitan Region saw the best sales, gr..

The new cabinet law to open 24X7 is a ‘win-win’ situation for retailers...
30 Jun 2016 Published by Rahul Verma 410 Views

The latest decision by government to operate retail outlets, malls and complexes round the clock received overwhelming response of retailers. The Model Shops and Establishment (Regulation of tablishment (Regulation of Employment and Condition of Services) Bill 2016, proposed by the labour ministry, will not require Parliament's approval and can be adopted by states in totality or modified as per their requirements. This means the bill is only an advisory and its implementation depend..

TataCLiQ.com added up 12 global brands on its platform...
28 Jun 2016 Published by Rahul Verma 601 Views

Tata group's e-commerce platform TataCLiQ.com has expanded its horizon with the tie-up with 12 global brands, that is New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to dazzle on its site.The range of products from these brands will be available exclusively on TataCLiQ.com and coming year the company will furbish its portfolio by introducing about hundred international brands to its kitty.According to Gurvinderjit Singh Samra, Head Business Development, TataCLiQ.com, “there has..

Godrej Properties launches first township project in Greater Noida in alliance with AR Landcraft...
09 Jun 2016 Published by Rahul Verma 498 Views

Redefining the skyline: Pirojsha Godrej, MD & CEO, Godrej PropertiesMumbai based-Godrej Properties has entered into a partnership with AR Landcraft to develop 100 acre township project in sector 27, Greater Noida. This will be company's first project in Greater Noida and seventh within the National Capital Region (NCR).Godrej Properties, the real estate venture of the Godrej Group, plans to develop a ‘golf centric’ township on this land parcel with a saleable area of about 4 million sq f..

Making your Brushing technique smart with Prophix...
20 Jun 2016 Published by Karthik Manohar Pillai 351 Views

The first and the foremost daily chore that we carry out after we wake up  - Brushing the teeth. Keeping the mouth free from cavities and germs. Standing in front of the wash basin, we take a minute to scan ourselves, tidy the messy hair and reach out for the toothbrush and toothpaste. As you approach, suddenly you realize this white shiny gadget right at the place where you brush used to fit. But what's this! Out of curiosity, you find out that it's a toothbrush and start brushing. Suddenl..

Gurgaon based - M3M India raises Rs 1,250 crore from Indiabulls Housing Finance...
07 Jun 2016 Published by Rahul Verma 726 Views

Challenging the tides: (L) Pankaj Bansal, Director and (R) Basant Bansal, Chairman, M3M IndiaReal estate developer M3M India has raised Rs 1,250 crore from Indiabulls Housing Finance. The company used Rs 700 crore of this fund to pay the installment to Sahara group, concluding a deal to acquire 185 acres of land in Gurgaon for Rs 1,211 crore, according to ET.The company M3M will utilize Rs 550 crore to repay debt and for other corporate usage and buying new land, says report. The money has..

IIM-A ties up with NIIT and Hughes for E-learning courses...
05 Jun 2016 Published by Rahul Verma 513 Views

The premier education institute in India, Indian Institute of Management, Ahmedabad (IIM-A), will come up with NIIT and Hughes for professional E-learning programmes in coming months. The technology company NIIT and Hughes are prominent names in delivering distance educational programmes and picked up by IIM-A in the process of transforming education with the new era of synchronous studio-to-classroom format.According to reports, IIM-A signed an agreement with Hughes Communication India limited,..

Amazon is the savior of Indian e commerce, invests $200 m to paddle growth cycle ...
02 Jun 2016 Published by Rahul Verma 430 Views

Trendsetter Amazon* Amazon began its India operations by allowing buyers to pay by cash, a novelty for it, and recently has leveraged neighbourhood stores for delivery of goods.* Has picked up 26% stake in Tata Group-owned publishing house Westland and acquired a Noida-based online payments company.* It has introduced a slew of initiatives for merchants including Amazon-Tatkal, so small businesses can get online in under 60 minutes.The growing e commerce market is likely to touch USD 38 b this y..

Tata Value Homes raises $25 million from CDC to push affordable housing projects ...
31 May 2016 Published by Rahul Verma 325 Views

Pic : Tata Housing MD & CEO Brotin BanerjeeRealty company Tata Housing has announced its subsidiary Tata Value Housing has raised $25 million from finance institution CDC, based in UK, for development of affordable homes across the country."Tata Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, has raised USD 25 million through CDC, UK's Development Finance Institution (DFI)," Mumbai-based developer said in a statement.CDC, wholly owned by the UK government, will jo..

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