Page 2 - Metro Cities

Big catching up for new players: Barista CEO Agarwal on growing competition

Unfazed by the growing competition from new players as well as international chains, coffee house Barista is now looking beyond metro cities for expanding its footprint and drive growth, according to its CEO Rajat Agarwal. From coffee giants Tim Hortons, Tata Starbucks, the recently opened 'Pret A Manger' to local coffee-related startups like Blue Tokai, Sleepy Owl and Rage Coffee, everyone seems to be betting big on the growing coffee culture in the traditionally tea-drinking nation. However, the Barista CEO says that there is a "large level of catch-up" that has to be done by new players as the country's second-largest integrated coffee house with a presence in over 100 cities is growing at a rapid pace. The homegrown coffee chain brand, which last month opened its 350th store in India in Udaipur (Rajasthan), also looks to reach the count of 500 stores in the coming two years. "Now that we are already 350th, we are much above or far in terms of our number of stores presence. We h

Metros continue to dominate Tier-2 cities in residential real estate market

The year 2022, saw maximum residential property sales in the last eight years, with total absorption increasing by 28 per cent year-on-year, according to a recent report

Reliance Retail may convert Metro Cash & Carry stores into B2B outlets

They may not be converted into hypermarkets and supermarkets as many are on city outskirts

Physical presence back in focus as mutual funds look beyond metros

New branches being added even as digitisation empowers every transaction

Rs 23,380 cr needed to upgrade grade A offices in four metros: JLL report

These four cities are also the biggest office markets in India, holding 569 million sq ft, or 77% of the total Grade A office stock of 740 mn sq ft situated in the country's top seven cities

Retailers, mall developers eye growth beyond metro cities, says report

Growing internet usage has whetted the appetite for quality products in these cities and has given a fillip to e-commerce too

Tata Sons to invest Rs 975 crore in Pune IT City Metro rail project

The Rs 7,420-crore, 23-km project is being financed through debt-to-equity of 1.8 times and the entire debt has been tied up, and the envisaged equity commitment is supported by Tata Sons

Tomato prices to stabilise in southern states in two weeks: Union Food Secy

As per the data maintained by the consumer affairs ministry, retail tomato prices are ruling between Rs 50 and 106 per kg in several locations. The same situation prevails in Maharasthra as well.

Retail prices of tomato skyrocket up to Rs 77/kg in metros barring Delhi

Traders and experts attributed the rise in retail prices to likely tight supply from key growing states like Andhra Pradesh and Karnataka.

Tax mop-up from metros sees double-digit decline; Kolkata worst-hit city

Numbers pose challenges to Centre's Rs 13.2-trn target

ITC eyes expansion of its chocolate segment, looks to offer unique variants

The company's chocolate products, which were launched in 2016, are available only in six cities - Bengaluru, Delhi, Mumbai, Kolkata, Chennai, and Hyderabad

Bombay HC allows MMRC, TMC to clear 1,700 trees for metro, road works

'The projects are in public interest. Road widening projects would decongest bottlenecks at vital junctions,' the court said

Asia needs to manage its megacities better rather than build new ones

The real issue remains failures of governance in an era of fast urbanization

Understanding your city

All of us would benefit from exploring our surroundings in greater depth than just figuring out the location of landmarks and establishments