News

India’s $300-billion retail industry is gripped by a new concept discount malls. Top realtors and local retail chains are developing malls in regional boroughs, specifically to sell premium branded goods at prices 30% to 40% cheaper than the maximum retail price (MRP).

Top relators are developing malls to sell premium brands at prices 30-40% cheaper than MRP

At least 50 discount malls are expected to come up in the next two years across the country.

NEWS

Life Insurance Corporation of India (LIC) has ended the year with new business premium of Rs 39,541 crore - an increase of 118.6% over the corresponding period last year.

Renamed as Jet Lite, Air Sahara is on a revamp spree. With Shahrukh khan as the brand ambassador, the airline intends to compete with other low-budget airlines.

A continuous buying of funds in technology sector stock today resulted in a 212 point rise in the Sensex in early trade.