‘Finance’ Archives
China and India will continue to draw more capital
First of all let's talk a little bit about China because we have had some commentators especially come in and say that they believe that the monetary tightening cycle in China if you will has now come to an end and, therefore, stocks there may be bottoming out. Do you agree? (more...)
India ninth most attractive investment destination
India climbed four notches to be ranked the ninth most attractive investment destination in 2009 with a total foreign direct investment inflow of $34.61 billion, a UN report revealed on Thursday. (more...)
Pantaloon Retail allots one crore warrants to promoters
Pantaloon Retail on Tuesday said it has allotted one crore warrants to its promoters' group company, Future Ideas Realtors India Ltd. The company's committee of directors has allotted one crore warrants at Rs 400 a piece, aggregating to Rs 400 crore to Future Ideas Realtors India, Pantaloon Retail (India) Ltd said in a filing to the Bombay Stock [...]
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...)
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...)
Big Bazaar is the ‘Most admired F&G retailer of the year
Food Forum India (FFI) 2010 last night recognised the Indian food industry’s top achievers in a glittering ceremony of the Coca-Cola Golden Spoon awards at the Renaissance Hotel and Convention Centre, Mumbai. While Big Bazaar was one of the biggest winners on the night, the audience was mesmerised with scintilating performances by renowned [...]
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...)
Kishore Biyani: Taking Future Group to next phase of growth
Kishore Biyani has spread his wings beyond the shopping isles of his Big Bazaar and Pantaloon stores, but he has still got his eyes firmly on the wallet of the Indian consumer as he forays into life insurance, financial services and even telecom. India's retail king Kishore Biyani, Future Group talks about his journey so far and his future plans. [...]
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...)
