The rental in the building is around Rs 135 per sq ft per month. At this rate, Zomato will pay close to Rs 1.6 crore a month as rental.
US food chains such as Burger King, Johnny Rockets and Wendy’s have also made Delhi their first port of call.
At Adidas, our idea is to create buzz in key cities & then spread it: Roland Auschel, Global Sales Head
We are developing a tool kit which will be applied to hundreds of cities globally. And certainly here in India we can’t ignore cities like Delhi, Mumbai, Bangalore, Chennai, Auschel said.
Jabong. com will not opt for the app-only mode even as rival Myntra abandons its website to sell everything only through apps starting this Friday.
Kishore Biyani's Big Bazaar to launch app next month, to take on e-tailers and offer instant credits
Biyani said he doesn't worry too much about ecommerce, because it won't be able to match real-world stores in terms of overall volume.
"I don't need foreign funding, there are enough funds in India. I am relieved only in the sense that I have got a good strategic partner"
Saree distributor Shree Meena Creations drags Flipkart, Amazon, eBay, others to court for selling replicas of products
The lawsuit, filed in the Bombay High Court towards the end of March, has yet to be considered by a judge to decide whether or not to admit it, according to the court's website.
Venkateswaran was working with McDonald’s India’s western and southern franchisee Hardcastle Restaurant as director for national supply chain for the last eight years.
Net closures last year were estimated at about 180 stores on the back of steep rentals, power and manpower costs, and competition from online retailers.
Vyomo will work as an aggregator of salons & spas on its e-comm platform in a model similar to that of Uber that have taxis enrolled on their platforms.
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