Indian logistics sector to see Private Equity and M&A fireworks
The November 2009 USD 26 billion all cash acquisition of Texas based rail road company Burlington Northern Santa Fe by arguably the world’s most famous and successful investor Warren Buffet fixed the wandering investors’ eyes on to the ‘next big thing’ – logistics. Read the rest of this entry »
Mumbai gets online Supermarket
A venture promoted by Davinder Goyal – Groceryshop.in is launched in Mumbai. The supermarket is one of its kind in India, specially when the brick-and-mortar model of supermarkets has just taken off. Read the rest of this entry »
Ford Enters India’s Small Car Market
Ford Motor Co. made its entry into India’s lucrative small car market, launching the Figo at price points that offer strong competition to products already launched by global rivals General Motors Co., Volkswagen AG and Hyundai Motor Co. Ltd. Read the rest of this entry »
Aditya Birla Retail aims to become $ 2.5-bn entity by 2017-18
Aditya Birla Retail Limited (ABRL), the retail arm of the Aditya Birla Group, aims to be an USD 2.5-billion entity by 2017-18, a top company official said. Read the rest of this entry »
Merchandise sales set to treble: Team sponsors
The eight teams in the Indian Premier League (IPL) cricket tournament expect revenues from merchandise sales to treble this year, thanks to the game itself, which has become a hot, $2-billion (Rs 9,200 crore) property. Read the rest of this entry »
SPAR launches South India’s biggest Hypermarket in Malleshwaram
SPAR, the world’s largest independent food retail chain spread across 35 countries, unveiled its flagship hypermarket in India under the license agreement between Max Hypermarkets India Pvt. Ltd. & SPAR International. Read the rest of this entry »
Opening up India retail?
Plans by Carrefour, the world’s No.2 retailer, to open its first cash-and-carry outlets in India are a sign of optimism in the country’s $450 billion retail sector, but foreign investors and some officials want more — an easing of the country’s tough investment rules. Read the rest of this entry »
Organised retail segment to grow over 3-fold in 5 yrs
Global consultancy firm Technopak said the organised modern retail segment in India will grow by over three times during the next five years to reach a figure of USD 80 billion. Read the rest of this entry »
Titan focuses its overseas push on Asian markets
Titan’s watch division made its foreign debut a few years ago, and is now focusing on south-east Asia (including Singapore, Malaysia, Thailand, Vietnam, Philippines). Read the rest of this entry »
Hypercity launches its first store in Punjab
Hypercity, India’s finest hypermarket chain launched its 1st store in Amritsar. Read the rest of this entry »
