An arbitration agreement was in place between the parties and so the proceedings could not be stopped, it said.
The ambiguity around it is zero now. If ambiguity doesn't exist then you must trust the law and trust the implementing agency whenever they deem fit.
Jabong could fit into Biyani’s play asFuture Group is bullish on fashion business and Future hasn’t built scalable ecommerce ventures on its own.
Sharma said the court asked the DDA to submit its report within eight weeks. The committee doesn’t include the residents of the area.
While the platform is fully functional now, the transition will take place in a phased manner when all the websites are up and running, according to one source.
A five per cent tax has been imposed on certain packed foods and a 'fat tax' of 14.5 per cent for burgers, pizzas and pastas served in branded restaurants.
Even Snapdeal is said to be in the fray, but may not be an aggressive bidder. The asking price is said to be $250-300 million but the deal size could be lower.
“Most of the salary hike will go into consumption and not necessarily savings,” said Kishore Biyani, CEO of Future Group, India’s biggest listed retail firm.
The company is piloting a project in Delhi where consumers can not only see the nearest available refractionist but also order services using the app and track their movement.
Britain remains a very good place for Indian investors and companies wanting to do business, says Patricia Hewitt, chairperson of the UK-India Business Council.
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