Pradeep Jain

Festive sales bring cheer among retailers; e-commerce players enjoy higher pie

A buying spree among consumers during the current festive season has ushered in green shoots of recovery in the retail sector, which was severely affected due to the COVID-19 crisis, while e-commerce companies enjoy a higher pie of sales...

Parsvnath Developers to invest Rs 100 cr to develop new shopping mall in West Delhi

Realty firm Parsvnath Developers will invest about Rs 100 crore to develop a shopping mall in the national capital as part of its strategy to generate rental income from leased commercial properties. "We are developing a shopping mall at Netaji...

Provide industry status to real estate sector

Before we dwell in 2009, it is pertinent to note that real estate sector witnessed phenomenal accelerated growth from 2005 to first quarter of FY 09, both in residential and commercial segments. The rationale for this spurt in demand...

Parsvnath to keep on hold retail foray by three months

Parsvnath Developers will keep on hold their proposed retail venture for three months. This, despite the fact that the real estate major has formed its retail arm to enter Indian retail market. Parsvnath Developers chairman Pradeep Jain told IndiaRetailing...

Retail slowdown is more sentimental than real: Experts

Retail industry feels that the present slowdown is more sentimental than real and utmost caution is required to deftly handle the current phase, according to major retailers in the country. Shailesh Chaturvedi, CEO, Tommy Hilfiger Apparel India, said that though...

Parsvnath appoints independent director for retail wing

Parsvnath Retail Limited, a subsidiary of Parsvnath Developers Limited (PDL), one of India’s leading real estate companies, has appointed RJ Kamath as independent director for its retail business. “We are committed to having independent directors and a good corporate governance...

Parsvnath appoints joint managing director for SEZ arm

Parsvnath Developers Limited (PDL) has announced the appointment of SP Aggarwal as joint managing director for its subsidiary Parsvnath SEZ Limited (PSL). Announcing this, Pradeep Jain, chairman of Parsvnath Developers, said: “We are pleased to welcome Aggarwal to the Parsvnath...

Leading fashion and lifestyle brands to get together at Pure and Play

India Fashion Forum with support from ministry of textiles, government of India, is hosting the second edition of Pure and Play from June 29 to July 1, at Pragati Maidan in New Delhi. Conceptualised to direct the growth of the...

Parsvnath to build luxury mall in New Delhi

Parsvnath Developers Ltd (PDL) has acquired a 1.18-acre plot in Connaught Place, Delhi, for Rs 200 crore to build a new luxury mall and an office complex. The land has been acquired from Mahajan Industries. Pradeep Jain, chairman, Parsvnath Developers,...

Parsvnath to build hypermarkets

Real estate firm Parsvnath Developers will announce a joint venture with a foreign partner in June to develop around eight to ten hypermarkets in India, as rising incomes boost spending power in the country. "Our focus in the first year...
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Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union...
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