Business

Dubai's Palm Jumeirah Villa Sold for USD 7.6 Mn

Dubai: A luxury villa on Dubai's Palm Jumeirah has been sold for nearly USD 7.6 million at an auction, bucking the trend that saw property prices on the island decline steeply in the recent months. The six-bedroom Signature villa, located on a 1

Sensex Reclaims 17,000 Mark, up 273 Points

Mumbai: The BSE benchmark Sensex on Wednesday snapped its six-day losing trend, gaining 273 points to reclaim the 17,000 mark on value-buying in IT, banking, realty and auto stocks amid firm global cues on the US pledge to keep its economy alive by k

Committee of Secretaries Nods, Preparation Gets Underway for Welcoming FDI In Multi-Brand Retail

Uday Palsule is preparing to place an order for 200 custom-built, climate controlled trucks from Thailand.

Exports Likely to Slow Down From Aug-Sept, Says Khullar

FIIs Will Find India Growth Story Attractive: Pranab

The Finance Minister, Mr Pranab Mukherjee, does not see any marked negative impact on foreign institutional investor (FII inflows from the ongoing sovereign debt troubles in the US and the Euro Zone.

Experts Divided on Retail FDI-Food Inflation Link

The much-talked-about defence on allowing foreign direct investment (FDI in multi-brand retail on the ground that it will curb the soaring food inflation has left economists divided.

FDI in India Shoots up 310%

Private Equity Route is a Win-Win for Luxury Retail Majors

Niche players in the luxury retail sector are attracting private equity behemoths like never before. As credit squeeze tightens, companies see merit in going in for private equity (PE as they not only fund expansions but also help these brands to lev

IT Industry Bullish, Says it Can Tackle US Downgrade

BEL, ITI, Israel-Based Firm Keen on Fabs Project