Retail
Indiabulls Asset Management, part of Indiabulls group, has stated that they have appointed Mr.Ambar Maheshwari, as CEO of its alternate investment funds business which it is under the process of being up. The AIF team will be investing primarily in real estate. Maheshwari was previously the Managing Director of Corporate Finance at Jones Lang LaSalle. [...] Continue Reading »
The country is likely to see high growth in the job market as 70 percent employers plan to expand their team, a recent survey said. India’s business market is currently primed for expansion, with the recruitment market being driven by significant industry sectors such as FMCG, retail, healthcare, manufacturing and real estate. About 70 percent [...] Continue Reading »
The Tata Group has put in place a centralized platform to collaborate and tap synergies across its 100-plus group companies to boost growth and save on costs. Tata Sons, the apex investment holding company of the tea-to-telecom conglomerate, has set up “clusters” and “enablers” to leverage on group companies’ resources, strength and expertise to maximize [...] Continue Reading »
The Francis Alapatt Group, one of the distribution giants and pioneers in gold retail in Kerala, is foraying into the realty business by launching an Executive Business Centre in Kochi. The 18,000 square feet centre, spread across three floors and housed at the Alapatt Heritage Building on the MG road, a prime spot, will have [...] Continue Reading »
Tata group expects to achieve market capitalisation comparable to the world’s top 25 companies. And in order to achieve that the group has decided to invest USD 35 billion in the next three years as a part of its vision 2025. Tata group Chairman Cyrus Mistry mentioned about this while addressing the Tata group’s Annual Leadership [...] Continue Reading »
With a contribution of approximately 5 percent to India’s total GDP, Mumbai – the ‘Maximum City’ – is a dynamic metropolitan which is expected to witness further growth in the coming 7-year period. Mumbai’s growth over the next few years will largely be driven by the fact that the city’s prominent growth sectors – including [...] Continue Reading »
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
Banking high on about 10 per cent growth happening in the furnishing segment, Creative Portico India, a premium bed and bath soft furnishing player in India, is planning to add about 200 outlets through the franchise route in three years. In addition to the retail, it is also looking to tap bulk business opportunities from [...] Continue Reading »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] Continue Reading »
