Food brands and retailers: Private labels get branded push
The next time you reach out for a store brand of noodles at Reliance Fresh or Aditya Birla Retail’s More, turn the pack over, you may
be suprised to learn that it is manufactured by the makers of Top Ramen. As private labels edge out greater shelf space for themselves across retail chains, the undercurrent battle between food brands and retailers continues to simmer. Read the rest of this entry »
Public sector banks plan big push for retail loans
Betting big on economic recovery, public sector banks in India are planning to give a big push to retail loans. While State Bank of India (SBI), the country’s largest lender, claims to have overtaken Housing Development Finance Corp. Ltd, the largest mortgage firm, and ICICI Bank Ltd (in the case of auto loans), other public sector banks want to take the battle to the backyard of private banks, which have traditionally been chasing retail loan customers. Read the rest of this entry »
Sharekhan completes 10 years in Retail Broking Business
Sharekhan Ltd, India’s leading online retail broking house with a strong online trading platform, has completed a decade in the business offering services such as portfolio management, trade execution in equities, futures & options, commodities and distribution of mutual funds, insurance and structured products. Read the rest of this entry »
Koutons Retail to open 200 stores by FY11
Retailer Koutons Retail India plans to open 200 stores in FY11 in addition to its existing 1,400, a senior official said on the sidelines
of the Asia Retail Congress Summit. Read the rest of this entry »
Organic India initiates own chain of retail stores
Organic India which is involved in organic farming in Uttar Pradesh and export of herbal products abroad has now embarked upon setting up its own chain of exclusive retail stores in India. The company has already opened an exclusive retail store in Maharashtra and is in the process of inaugurating six more stores in Delhi, Chandigarh, Hyderabad, Bhopal, Nagpur and Lucknow by March end. Read the rest of this entry »
