‘Investment’ Archives
Bharti-Walmart awaits new FDI policy
Cash-and-carry firm Bharti-Walmart is eagerly awaiting policy changes in the multi-brand retail sector and expressed hope that it could be a big player once FDI is allowed. (more...)
British MP opposes FDI in India retail
Opposition to foreign direct investment (FDI) in the country's retail sector from an unlikely quarter – Britain, which is a key point of origin for companies looking to build supermarkets in India. (more...)
Foreign investment limit may be hiked for DTH, FM Radio
Telecom and broadcast regulator TRAI has suggested an increase in foreign direct investment limits for broadcast carriage services like Direct-to-Home (DTH) and FM Radio, while retaining the cap for news and current affairs television channels. (more...)
Gitanjali to invest Rs 3 bn in FY11 retail expansion
Jeweller Gitanjali Gems Ltd plans to add 300,000 square feet of retail space in India this year at a total investment of Rs 3 billion, a top official said. (more...)
PE funding prods Lilliput to double retail space
In the wake of the Rs 385-crore investment made by private equity firms Bain Capital and TPG Growth, India’s leading kids wear brand Lilliput Kidswear is all set to double its retail space this year with a total investment of Rs 175 crore. The company is planning to open around 70 stores pan-India and four stores in West Asia. (more...)
Retail business poised for a big push
Mukesh Ambani, CMD, Reliance Industries, is betting big on the company’s retail business. At the company's annual general meeting on Friday, he said that the business will touch a whopping Rs 45,000 crore in the next five years from Rs 4,500 crore at present. (more...)
‘Reliance Retail’s revenue may grow 10-fold in 5 yrs’
Reliance Industries’ (RIL) retail arm will see a 10-fold growth in revenue over the next five years to become a Rs 45,000-crore entity, its chairman said. (more...)
India Inc seeks FDI in retail
Country's top industrialists at Prime Minister's Council of Trade and Industry meeting on Wednesday unanimously demanded opening up of foreign direct investment in the controversial retail sector. (more...)
Communists ask government not to allow FDI in multi-brand retail
Two opposition communist parties Tuesday asked the government not to allow foreign direct investment (FDI) in multi-brand retail, saying it would jeopardise the livelihood of lakhs of people. (more...)
Plans by Damas to open 100 stores in India hang in balance
The ambitious plans by Damas to open 100 stores in India are hanging in the balance, as unauthorised transactions by the three Abdullah brothers, members of the company’s founding family, have cut into the jeweller’s finances. (more...)
