‘Corporate’ Archives
Essar Oil aims to have 1,750 fuel retail outlets by March 2011
Essar Oil is planning to fast track the launch of its fuel retail outlets, so they can touch the 1,750 figure by March next year, a top company official said. (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...)
Future Group bets big on Big Bazaar
The Future Group will invest Rs 600 crore over 18 months to open 60-odd Big Bazaar stores with a floor space between 40,000 sq ft and 60,000 sq ft, said Rakesh Biyani, director and CEO, Retail, Future Group at the launch of new 70,000-sq ft family store format Big Bazaar at Express avenue in Chennai. (more...)
Pantaloon lines up post-merger growth plans in home solutions
Pantaloon Retail, the country’s largest retailer, which is in the process of merging its home solutions business with itself, has big plans to stimulate growth in its home retailing business post merger. (more...)
Blackberrys-Emerging brand in Indian retail market
The Indian retail market, the fifth largest retail destination globally, has been ranked as the most attractive emerging market for investment in the retail sector by AT Kearney's eighth annual Global Retail Development Index (GRDI), in 2009. According to a study conducted by the Indian Council for Research on International Economic Relations [...]
Bharti bats for Walmart, wants FDI norms eased
The world’s largest retailer, Walmart now wants to significantly enhance its activities in front-end retail in India and is seeking opening up of foreign direct investment (FDI) in the sector at the earliest. (more...)
India’s Future Group eyes tie-up, unit IPO
India's Future Group, which runs the country's largest listed retailer Pantaloon Retail, is pursuing talks for a foreign tie-up and hopes to file papers for an IPO in its investment arm soon, the group's CEO said. (more...)
India’s Future Group eyes tie-up, unit IPO
India's Future Group, which runs the country's largest listed retailer Pantaloon Retail, is pursuing talks for a foreign tie-up and hopes to file papers for an IPO in its investment arm soon, the group's CEO said. (more...)
Starbucks brews a fresh strategy for India entry
Starbucks, the world’s largest retailer of coffee, has revived its plans for India and has begun talks with Shyam and Hari Bhartia-controlled Jubilant Group for a possible alliance, two persons familiar with the development said. (more...)
Carrefour, Pantaloon close to India deal
French retailer Carrefour is close to a deal with a unit of Pantaloon Retail, India's largest listed retailer, to set up franchisee stores in India, the Economic Times reported on Tuesday citing an anonymous source. (more...)
