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Prestige Group

PE into Indian retail pauses in 2020 amid COVID-19, 2021 looks promising

Indian retail sector was one of the worst-affected due to COVID-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when...

Shopping mall owners to build new projects; looking for acquisition despite COVID-19

Shopping mall owners are bullish about growth prospects of India's retail sector despite the disruption caused by the COVID-19 pandemic and will continue to build new projects as well as look for acquisition to expand their businesses, according to...

SCAI Virtual Roundtable Part II: Retail & Shopping Centres – Confidence Building Measures

The Shopping Centres Association of India (SCAI), in continuation of its weekly custom webinar series, ‘SCAI Mondays’; organised a second virtual session titled ‘Retail & Shopping Centres: Confidence Building Measures’ on May 4, 2020. The webinar aimed at redressing...

‘2017 turned out to be a brilliant year for Prestige Group’

Last year, GST and RERA played a very significant role in redefining real estate in India. Both Bills were introduced in 2017, which resulted in the modification of several rules/ regulations related to the real estate and construction industries.After...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Prestige Group to acquire CapitaLand’s stake in retail real estate for Rs 342 crore

Realty firm Prestige Group on Monday said it will acquire CapitaLand's stake in seven entities engaged in retail real estate for Rs 342 crore.According to a PTI report: Last week, Bengaluru-based developer had purchased 66.66 per cent stake in...

Irfan Razack felicitated as one among the ‘Top 10 Business Visionaries’ at IMAGES South India Retail Award 2017

Irfan Razack - Chairman and Managing Director, Prestige Group, was felicitated as one among the Top 10 Business Visionaries at the IMAGES South India Retail Award 2017, in a spectacular award ceremony held at the ITC Gardenia. The award was...

Are parking spaces optimally utilised in the malls?

In today’s day and age everybody understands the importance of convenient parking. Be it business verticals of shopping malls, amusement parks and hotels, or Government driven projects like smart cities, smart parking is one of the primary agendas. For the business...

5 mall bosses on why location strategy decides a mall's success

India has finally left behind the nascent stages of retailing, crossing over into a veritable shopper's paradise. Malls are no longer simply shopping destinations. They are retail stops, entertainment zones and food hubs all rolled into one. And they are sprouting everywhere. But how...

Top 10 Indian consumer durable companies of 2016

India is likely to emerge as the world’s largest middle class consumer market with an aggregated consumer spend of nearly US$ 13 trillion by 2030, as per a report by Deloitte titled 'India matters: Winning in Growth Markets'. The report further...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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