Tag: 2014

RBI’s hike in key interest rate to hit real estate: industry


New Delhi: Hiking of the key policy rate by the Reserve Bank of India (RBI) will hit property sales, particularly in the residential segment, real estate developers said while expressing disappointment at the move. The RBI raised the key policy rate by 0.25 per cent to 8 per cent in a bid to curb inflation… Read More ›

World Bank aid for power projects in northeast


The World Bank would provide the major share of a Rs.8,150-crore project to create infrastructure in the power sector in six northeastern states, officials said here Tuesday. State-owned Power Grid Corporation of India Ltd (PGCIL) would execute the World Bank-aided projects in six of the eight northeastern states of India. “The PGCIL last year signed agreements with… Read More ›

The B2B Marketing manifesto


Business-to-business (B2B) marketing has evolved from simply having product collaterals/brochures to having a ‘story’ to tell. B2B marketers face different strategic challenges and need the help of marcom professionals to think big, understand the macro business of the company, the key stakeholders involved and the best medium to communicate with them. B2B Marketers need to… Read More ›

2014 Set To Witness Big Ticket Funding In The Real Estate Sector


Bangalore : With 2013 coming to an end, the lack of funding is one major obstacle that real estate developers wish to get rid of in the new year, especially since many key policy decisions taken this year will make it easier for developers to ensure funding for their projects. Real Estate developers can expect major investments… Read More ›

Retail policy should be encouraging to all players


India has to have a policy that allows foreign players as well as the local players to grow, allowing local businesses to learn the best practices, said retail market expert Venkatesh Shankar. Speaking on the sidelines of Guru Speak 2013-14, a seminar organised by IIM Calcutta Alumni Association, Chennai chapter, Shankar, Coleman Chair Professor in marketing, said, “Indian… Read More ›

India Post to install 3000 ATMs,1.35 lakh micro-ATMs by September 15


MUMBAI: Even as its application to start a commercial bank is pending, India Post has drawn a massive plan to install as many as 3,000 ATMs and 1.35 lakh micro-ATMs at the ubiquitous post offices across the country for savings account holders by September 2015, a top official has said. “We will be starting with… Read More ›

Retail inflation for farm, rural workers soften in December


Retail inflation for farm workers and rural labourers fell to 11.19 per cent and 11.18 per cent respectively in December due to easing of food prices. The respective rates of price rise were 13.43 per cent and 13.27 per cent in November last year. The overall Consumer Price Index-Agricultural Labourers (CPI-AL) and Consumer Price Index-Rural… Read More ›

RBI panel wants retail inflation as new policy benchmark


The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it. The report of the Patel committee, set up by RBI in September last year, has recommended… Read More ›

AAP must use FDI power, can’t depend on 40s’ economics: Narayana Murthy


The opposition to the Aam Admi Party’s economic policies is getting louder from its industrialist supporters. After Captain V Gopinath, now Infosys Executive Chairman Narayana Murthy has raised concerns over the party’s decision to disallow FDI in the retail space. Murthy said that in winning the Delhi elections AAP did a good job. “They spent… Read More ›

Global retailer Wal-Mart sets up new company in India


NEW DELHI: Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country’s lucrative multi-brand retail market with a new partner. The American retail major and Bharti Enterprises decided to part ways in October last year, bringing an end to their six-year long partnership. The retailer has registered… Read More ›