Nexus, Prestige in talks to merge mall business
Talks between Nexus malls and Prestige to merge the mall business in order to create the largest mall operator in the country is in its initial stage. If talks fructify, the combined entity could get enlisted as a real estate investment trust.
Bomb hoax at Chandigarh mall creates panic
The DSP said Chandigarh Police's Cyber Cell was investigating the case.
Carnival Group acquires L&T's realty projects for Rs 1,785 crore
The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury h...
E-tailers bet on pop-up stores to boost consumer confidence, brand visibility
Low consumer confidence and the inability to access most of their target consumers have pushed e-tailers towards using pop-up stores to attract customers offline.
Shoe store charges Rs 3 for bag, fined Rs 9,000
The firm was directed to refund Rs 3 wrongly charged for the paper carry bag; pay Rs 3,000 as compensation for mental and physical harassment.
Catch up with the interesting stories of 2018, from Karnal to Kerala
ET Magazine’s writers travelled the length and breadth of the country in 2018 to bring you interesting stories. Here are some experiences that stayed with them.
Retail realty back on PE radar with investment over $724 million in the first nine months of 2017
This investment includes all types of investment such as platform and entity-level deals as also acquiring stakes in leading malls across cities.
Blackstone in talks to buy three malls to push retail realty play
Blackstone, through its retail subsidiary Nexus Malls, has charted out an aggressive plan to expand its current portfolio of eight retail malls acquired over the past two years.
Carnival Group buys L&T's Chandigarh realty project for Rs 1,785 crore
Carnival Group has acquired Larsen & Toubro’s commercial project, which includes Elante Mall, Hyatt luxury hotel and office with central courtyard.
Blackstone in talks with L&T realty to buy 1 million sq ft retail space
Blackstone and two more entities are in talks with L&T Realty to acquire more than 1 million square feet of retail space at Seawoods in Navi Mumbai.
Why L&T is not out of the woods yet
On Monday, L&T’s stock gained over 4% in the morning session and ended the day 1.8% higher amid a weaker trend in the broader market.
Earnings preview: L&T set to surprise Dalal Street with robust Q2 numbers
Data since FY14 shows that the order reported to the stock exchanges, as and when the company bags one during any quarter, is typically two-thirds of the total order shown in final quarterly results.
L&T Realty puts 3 properties in Chandigarh on the block
The company is looking at a valuation of around Rs 1,200-1,400 crore for the three assets, says a property consultant.
Malls welcoming F&B brands to make up for business lost to fashion e-commerce portals
Food and Beverage is emerging as a lucrative category for malls, especially since portals such as Flipkart, Myntra, Jabong, Amazon, Snapdeal and Yepme.com have weaned away consumers.
A retailer is the best 15-minute MBA you can get: PepsiCo India's CEO D Shivakumar
“A retailer is the best 15-min MBA you can get,” he told 8 executives — which included a management trainee as well as the beverages unit manager for Punjab, Haryana & HP.
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