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. Read the rest of this entry »
S&P eyes retail success for rupee-based contracts
lobal rating agency and leading index provider Standard & Poor’s (S&P) sees significant interest for the rupee-denominated S&P 500 futures contracts that will be listed on the National Stock Exchange (NSE) shortly. Read the rest of this entry »
India, Brazil on hold, luxury targets Middle East
Luxury groups discouraged by thickets of red tape and taxes are putting on ice ambitions to expand into India and Brazil and focusing instead on the Middle East, their No.2 priority after fast-growing China. Gulf countries represent a tiny pool of buyers compared to India and Brazil but they offer low tariffs, a friendly business environment, retail space and solid appetite for Western upmarket products, luxury executives say. Read the rest of this entry »
LG Electronics to open 100 mobile stores pan-India
Mobile phone manufacturer LG Electronics on Wednesday said it will open 100 exclusive mobile handset stores across the country to enhance market visibility. Read the rest of this entry »
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. Read the rest of this entry »
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. Read the rest of this entry »
Microsoft Office 2010 available at Retail outlets in India and Worldwide
Microsoft office 2010 has finally reached over 35000 retail stores worldwide including India. Online stores of the likes of Microsoft and Amazon.com have also featured Microsoft office 2010 for sale on their websites.
The product is available in three versions namely Office Home and Business 2010, Home and Student 2010, and Office Professional 2010 versions. The latest version is set to be preinstalled in PC’s and laptops in 2010. The product is available at discounted rates in Amazon. The estimated retail price of Office Home & Student is priced at Rs 4999 approximately. The Office Home & Business version is available at Rs10.999
Webcast – Smart Product Lifecycle Management Strategies for Food & Beverage & Consumer Goods
1 Hour Webcast 10.30am Mumbai time on 21st April 2010
Register here:
Attend this one hour webcast specifically for food and beverage and consumer goods industries in Asia Pacific. The webcast features a stellar speaker lineup. Read the rest of this entry »
Retail brands may hire more as shoppers return
Organized retailers led by Pantaloon Retail (India) Ltd and Shoppers Stop Ltd plan to step up hiring in the coming months as they open more stores to take advantage of a rebounding economy after weathering a downturn that cost thousands of jobs. Read the rest of this entry »
Booming Retail Sector in India
India is one of the most attractive destinations for retailers from all across the globe. Thanks to the entry of corporate, changing consumer behavior & lifestyle, increasing influence of western culture and rising income, the Indian retail industry has seen phenomenal growth in the last five years (2001-2006) and organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly to the growth of the overall retail sector, according to “Booming Retail Sector in India”, a new market research report by RNCOS. Read the rest of this entry »
