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14 Dec 2022

UP govt signs MoU with Lulu group to set up 6 shopping malls, five star hotel

UP govt signs MoU with Lulu group Lulu group will set up 6 malls and hypermarkets These malls and hypermarkets will be set up with a total investment of Rs 4,500 crore

14 Sep 2022

India plagues with Ghost Mall problem, causes THIS much whopping loss: Report

India is facing a strange problem called ‘Ghost Mall’, as per Knight Frank India’s latest report. 21 %, of the 271 operational shopping malls in India are in a dilapidated state. According to the report, a mall which has over 40% vacant space is considered a Ghost mall.

05 Nov 2015

DNA: Delhi Municipal Corporation bans paid parking at over 70 malls, hospitals

31 Oct 2015

Delhi-NCR malls expect 55.58% decline in footfalls this Diwali: Assocham

Several malls, unable to attract are even shutting down.

26 Oct 2015

Restaurants, shopping malls and theatres likely to be open 24x7

If the state governments agree with the proposal of the centre, it is very likely that shopping malls, restaurants, theatres and local markets will soon be open round the clock, i.e. 24X7, 365 days a year.

23 Jul 2015

Indian banks opt for offbeat tactics to tackle $49 billion of bad debts

Under pressure to do more to cut a $49 billion mountain of bad debt, India`s state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big TV screens at shopping malls to advertise seized assets for sale.

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