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SCAI presents SOPs and guidelines to Govt to reopen malls

On Wednesday, Shopping Centres Association of India (SCAI) presented SOPs and guidelines to the policy makers of ‘Empowered Group 6’ just before FM’s announcements The group chaired by Amitabh Kant, CEO, Niti Aayog patiently heard and seemed convinced with the...

Blackstone invests in Future Lifestyle Fashions and its Holding Company

Blackstone and Future Lifestyle Fashions Limited announced that funds managed by Blackstone have invested Rs 1,750 crore (including by way of debentures) in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone...

India’s Retail Landscape: Attracting Significant Investment

The retail landscape in India has been going through a transformation in recent years. From basic brick-and-mortar stores, today, the retail scene has evolved into one where customer experience, convenience and creation of wholistic social spaces are defining the...

Blackstone buys 75 pc stake in Forum’s Bhubaneswar Mall, Esplanade

As per a report in a financial daily, global private equity giant Blackstone Group has bought a majority stake in a retail project of real estate developer Forum Group. The Business Standard reports that the PE firm has invested about...

Retail, warehousing saw increased Private Equity interest in 2016

Apart from the favourite asset classes of office and residential, private equity (PE) has been taking increased interest in warehousing, logistics and retail real estate. PE investors and overseas developers are already looking at opportunities to enter India’s industrial...

Pics: Global retailers invest in India's hot retail real estate space

Sizzling Real Estate Space International retailers and investors are back in the reckoning by swinging deals in prime real-estate destinations. According to a report by JLL, the FDI inflow in retail trading has increased between October 2014 and September 2015,...

Blackstone to buy Rs 1,450 cr worth retail space from L&T

Blackstone, one of the world’s leading investment firms, has zeroed in on 1 million sq ft of retail space in in L&T Realty Ltd’s Seawoods project in Navi Mumbai. The firm will pay Rs 1,450 crore for this space...

Tech Mahindra leading race to buy Mphasis

With an aggressive offer, Tech Mahindra is leading the race to acquire IT company Mphasis. It has been revealed by the people familiar with the matter that senior management at Mphasis might  turning this billion-dollar sale process into an...

Pantaloon Retail sees 30% growth in revenue this year

As fears over swine flu spread across India, its effect is gradually being seen in the retail sector as well. Kishore Biyani, chief executive officer, Pantaloon Retail (India) Ltd, said in an interview that his company saw some impact...

CUSHMAN & WAKEFIELD INDIA ON UNION BUDGET

Sanjay Verma, executive managing director, South Asia, Cushman & Wakefield India The budget presented by the Union finance minister on February 28, 2007, comes across as a mixed bag for both developers and investors. Infrastructure industry was accorded important...
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Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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