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PARESH PAREKH
2025 to be a year of transformation for retail industry; AI & automation to play a crucial roleThe Indian retail industry is cautiously optimistic about 2025. New-age technologies like AI and automation will drive efficiency and perso...
Suraksha Realty directors buy Rs 100-cr luxury apartments in Mumbai’s WorliParesh Parekh and Vijay Parekh, directors of Suraksha Realty, have collectively purchased two luxury sea-facing apartments in Mumbai's Worl...
Push on infrastructure, textile to benefit retailers: ExpertsThe focus on ‘Make in India’ and increased custom duties, are also expected to result in promoting domestic manufacturing, improving employ...
Aditya Puri successor: HDFC Bank recasts search panel, Keki Mistry replaced by Renu KarnadKeki Mistry has been replaced by Renu Karnad of the bank's parent HDFC in the search panel.
Budget 2019 consumption-oriented: Industry officialsAmong the measures announced, the FM said that under the Prime Minister Kisaan Samman Nidhi scheme, farmers holding up to 2 hectare of land...
New HDFC Bank leadership to face huge challenges: Ashvin Parekh“Paresh Sukthankar resigning from HDFC Bank came as a big surprise.”
Walmart-Flipkart deal unlikely to face FDI hurdlesThe $16-billion deal will see only $2 billion in fresh inflow into the Indian company. India allows 100% FDI in e-commerce marketplace subj...
Budget 2016: With FDI relaxations in ARC, insurance, foreign investors continue to get red carpet treatmentThe government has proposed to open up new avenues to overseas investors as well as promised a more conducive business environment with sim...
Budget 2016: Expect that the rate of tax on excise and services is not increasedThe Make in India project has set the ball rolling with investment commitments amounting to a whooping Rs. 15.2 lakh crore.
DIPP defines manufacturing for FDI; Companies producing here free to sell onlineThe move is expected to boost Prime Minister Narendra Modi’s ‘Make in India’ initiative, which is aimed at spurring the manufacturing secto...
Revised FDI regulations allow single-brand retail companies with stores to sell onlineAny brand entering India will have to apply for a licence to set up stores and once it secures the licence, it can sell products online thr...
Prime Minister Modi-endorsed artwork sells for Rs 1.30 crore at charity auctionAn artwork "co-created" by Prime Minister Narendra Modi with artist Satish Gupta has fetched a whopping Rs 1.30 crore at a charity auction.
Yet to consider merger plan, says HDFC chairman Deepak ParekhThe boards of HDFC Bank and parent HDFC met in Mumbai on Monday to consider their financial results, but they did not discuss merger.
Budget 2014: Proposals to bring a sense of favourability to the economyTo conclude, Budget 2014 has not disappointed, with the FM bringing in a whole host of changes; primarily stressing on tax certainty and al...
Sun Pharma co-promoter gets top gun for financial services businessSudhir Valia, who hit the spotlight for a stake-purchase in mobile service operator Uninor, has roped in a top money manager to build a ful...
Analysts say FDI reforms positive in short-runAnalysts have hailed the government's move to ease FDI norms in as many as 12 sectors, saying the decision will help the Re in the short-te...
- Budget 2012: Retail needs FDI, consumer durable gets marginal benefits
Much more was expected on opening up of FDI in Multi-brand retail, than gathering consensus in undefined time period. A more firm commitmen...