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Foreign biggies keen on multiplex chains in India

Foreign entertainment conglomerates including US-based Time Warner and Australia-based Hoyts are in talks with real estate developers in India, among them DLF Group, Raheja Group and Sobha Developers, to set up chains of multiplexes. South Korean multiplex operator Megabox...

Retail Industry – The Budget: Before and After – AT Kearney India

Retail Industry – The Budget: Before and After Raman Mangalorkar, Principal, AT Kearney India 1. The Indian retail market The Indian retail paradigm is shifting with the emergence of new formats in the form of hypermarkets, supermarkets, and specialty and convenience stores. A...

Budget 2007 Highlights – THE REAL ESTATE CONTEXT

An encapsulation of the aspects of Union Budget 2007 relevant to the real estate sector, by Trammell Crow Meghraj, India Tourism •Tourism infrastructure to get an allocation of Rs 520 crore as against Rs 423 crore last year •Five-year tax holiday for...

Citi Property to invest $120 million in luxury hotels

The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels. CPI, which is among the biggest private equity investors in the Indian real estate market, recently transacted a $100-million five-star hotel...

International brands think global – Indian brands think local

“International brands think global, Indian brands think local” Need for changing mindsets, smart business practices and outlook Mumbai, January 24, 2007: India is seeing an explosive growth in retail and the engine for this growth is the mall. But there are...

Rs 15 bn to be raised by Omaxe IPO

On of the biggest real estate firm Omaxe Ltd has filed a red herring prospectus with the regulator for an initial public offering. Sources close to the banker involved in the deal said that this IPO could raise money...

Property Retailer To Take Organized Approach

It is time that property retailers/consultants to take an organized approach in their dealings. According to industry sources, Jaydaad.com, an online property portal, has decided to set up a network of 600 offline, hi-tech, retail shops across the country....
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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