India Business

Specialized Infrastructure Needed To Tap Rural Retail Potential

New Delhi: In order to tap India’s rustic population, administration and private sector companies will have to concentrate on specialised infrastructure. India’s rustic population accounts for more than $100 billion in consumer spending certainly the largest buyers in the country.

A report prepared by CII and YES Bank reported that diverse population, hapless infrastructure, seasonal demand, multifaceted buying behavior and price predisposition are the main challenges that companies projecting to enter rural retail need to overcome.

Government plans State level Regulators for real estate

Jaipal Reddy - Real Estate Regulator IssueMumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.

Govt. Approves issue of Oil Bonds worth Rs 24,000 Crore

Oil Bonds

Fiscal Deficit Will Be 3% By Next Year: P. Chidambaram

P. Chidambaram

NDTV Aspires To Launch More TV Channels

Prannoy Roy During Award Ceremony
New Delhi Television (NDTV) has decided to launch more television channels, both nationally and internationally.
While talking at the launch of ‘MetroNation,’ NDTV’s 5th channel in the country, Prannoy Roy, chairman, stated, “By this year, or financial year end, there will be more channels from NDTV.”

Hanung Toys Gets Rs 200 Crore Home Furnishings Order From US Buyer

Hanung Toys India
Mumbai: Hanung Toys & Textiles Ltd has pocketed Rs 200 crore export order for home furnishings from a leading US buyer.

For exporting home furnishing to the extent of around Rs 200 crore, the New Delhi-based company has signed up the export order deal with the company.

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