Metro Cash & Carry today announced the opening of its seventh wholesale distribution centre in India at Ludhiana in Punjab, built at an investment of INR 600 mn
Biyani Sees Future With Carrefour
December 10, 2010 By Leave a Comment
Future Group CEO Kishore Biyani is in Paris as the country’s largest retailer has renewed its talks with Carrefour for a joint venture that could let Europe’s top retailer enter India
Positive Mindset On Opening Up India Retail: Min
November 11, 2010 By Leave a Comment
India has a positive mindset about opening up its multi-brand retail sector to foreign firms but New Delhi must take into account concerns over jobs in small, independent outlets, Trade Minister Anand Sharma said on Monday. India’s retail sector is largely closed to foreign firms
Bharti Wal-Mart To Rope In 35K Farmers In Supply Chain By 2015
November 7, 2010 By 1 Comment
Looking to scale up sourcing of agricultural products from India, the world’s largest retailer Wal-Mart Stores Inc today said its joint venture with the Bharti Group here will rope in 35,000 farmers by 2015 to its supply chain.
Wal-Mart: Organized Retail To Create 3 Million Jobs In India
November 7, 2010 By Leave a Comment
As part of Wal-Mart Stores’ push to expand foreign investment in retail in India, CEO Mike Duke spoke to the Federation of Indian Chambers of Commerce and Industry in New Delhi. He told conference attendees that organized retail in India will create
Allow 100% FDI In Retail To Contain Inflation: Walmart
October 27, 2010 By Leave a Comment
Pitching for 100% FDI in the Indian retail sector , US retail giant Walmart on Monday said such a move will help contain inflation. “This will also enable Walmart to increase
Wal-Mart CEO Sees Progress In Opening Up Of Retail In India
October 25, 2010 By Leave a Comment
NEW DELHI: Wal-Mart Stores Inc, the world’s largest retailer, sees progress in India opening up foreign direct investment in multi-brand retail, its chief executive officer said on Monday. …
New Policy On FDI In Multi-Brand Retail Soon: Scindia
October 8, 2010 By Leave a Comment
The Government today indicated that a new policy on foreign direct investment in the politically sensitive multi-brand retail sector will come soon. At present, India does not allow FDI…
Bharti Retail In Aggressive Mode
October 8, 2010 By 1 Comment
Call it desperation or aggression, the retail arm of Bharti Enterprises is literally muscling its way into the organised retail scene as it looks to rapidly expand its reach across the country after staying put in Punjab for…
Wal-Mart, Bharti JV To Open 15 Outlets In Wholesale By 2011
September 29, 2010 By 3 Comments
Global retail giant Wal-Mart in its joint venture with plans to open 15 outlets in its wholesale format by end-2011, a top company official said. The company currently operates…
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