Biyani Sees Future With Carrefour

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

3,000 Small Traders In Suburbs Telegram To PM Against Foreign Investment In Retail Trade

Finding themselves pushed to the wall, the small traders, fearing that entry of foreign companies into retail could wipe away whatever little business they are left with, have joined hands and

Aditya Birla Retail to invest up to Rs 200 cr in FY11

Aditya Birla Retail on Thursday said it will invest up to Rs 200 crore this fiscal to expand its ‘More’ brand as it aims to capitalise on the revival of organised retail market and falling rentals. The company, which is the retail arm of Aditya Birla Group, said it will open around 100 supermarkets and [...]

Aditya Birla Retail to become $ 2.5-bn entity by FY18, IPO on the Radar

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. “We aim to become an USD 2.5-billion entity by 2017-18. The growth will be driven by opening new stores, launching private labels and closing unviable stores, among other [...]