The company, popularly known as D-mart, plans to raise money primarily for repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs, and construction and purchase of fit-outs for new stores. But let us evaluate whether it will be a value buy.

Others in the fray are PepsiCo head Indra Nooyi, former head of Vodafone Group, Arun Sarin, chairman of the Tata retail unit Trent, Noel Tata, former head of TCS, S Ramadorai, and Jaguar land Rover chief, Ralf Speth.

Departmental store operators -- Future Market Networks and Store One Retail jumped 10 per cent and 9.97 per cent, respectively.

Extending its gains for the fourth straight session on Friday, the S&P BSE Sensex settled the day 287 points higher, while the broader Nifty50 ended above its key 8150-mark.

The headline indices gained as a rally in a range of commodities fuelled fresh buying in miners, with investors drawing further comfort from a stronger rupee.

In a burst of action, the 90 year old organisation is being restructured to make it more nimble. A digital initiative raymondnext.com is meant to counter the threat from e-tailers.

Analysts believe first half of 2016 may mirror bearish trend of 2015, but benchmark indices may begin to log gains in the second half of 2016.

What defines a community that has given India its biggest entrepreneurs? Rokda finds out.

Qatar Airways Group Chief Executive Officer Akbar Al Baker  said Indigo is the only efficient carrier in India but added that the country cannot depend on only one airline.

The reason for the interest in Indian market is expectation of global money flowing into the market following weak global economies.

No artist can interpret nature more freely than how a litigation lawyer can interpret a contract.

FDI flow is dependent on the business environment and how decisions are made, Commerce and Industry Minister Nirmala Sitharaman said , adding FDI inflow has been skewed in favour of Mauritius.

Carrefour has been in talks with Indian retail companies and strategic investors about its Indian assets in recent months, after flagging in March that it was considering the future of the business.

Competition Commission of India (CCI), in an order dated May 27, has imposed a penalty of Rs 3 crore on Tesco Overseas Investments for delay in filing notice seeking approval for the deal. A Tesco spokesperson could not be contacted for comments.

India has slipped to its lowest position in over a decade in the foreign direct investment confidence index, which has been topped by the United States for the second year in a row, a study has showed.

The approval by the CCI comes when a political debate over foreign direct investment in multi-brand retail has been revived. The BJP, which has formed the new government at the Centre, has been vocal about its opposition to FDI in this sector.

\"We have explained about FDI in multi-brand retail that it probably is not best opened up now because medium and small sized traders or small farmers have not been adequately empowered... if you open up the flood gates of FDI in MBRT, it may affect them,\" new minister of state for commerce and industry Nirmala Sitharaman said.

The M in the movie's title is in the devnagri script with a hope to make it a symbol of Manjunath's sacrifice and a symbol for change. It has also launched a public platform on an exclusive microsite www.whoismanjunath.com.

India is trying to modernise its front-end retail sector. But with entry barriers to FDI being raised by political parties, it seems the country has taken two steps backward after a step forward.

According to industry body FICCI, the Indian publishing industry, which is worth Rs 12,000 crore, is currently growing at a compound annual growth rate of 25 per cent.