Foreign direct investment (FDI) in multi-brand retailing is set to become a reality, with a 26% cap. Political consensus in this regard has been hammered out at the higher levels of the UPA establishment, people with direct knowledge of the matter confirmed
Bharti-Walmart To Charge Students For Its Training Initiative
October 17, 2010 By 3 Comments
Corporate social activity with a fee. Sounds paradoxical, but that’s what the Punjab government wants in this instance. The state has asked Bharti-Walmart, the equal joint venture between the world’s largest retailer Wal-Mart and India’s telecom-to-retail giant Bharti Group , to begin charging students
Top Retail Chains Offer Plethora Of Consumer-Oriented Services
October 1, 2010 By Leave a Comment
Destination retailing is the new buzz in the country’s $20-billion organised retailing sector. Besides their regular offerings, top retailers now woo consumers through services such as salons, spa, laundry and even travel services. Retail chains such as…
Shopper’s Stop Raises Rs 130-Crore Through A QIP
September 30, 2010 By Leave a Comment
Retail chain Shopper’s Stop today said that it has raised Rs 130-crore through a Qualified Institutional Placement (QIP), a source close to the development said. “The QIP issue was over-subscribed by…
Biyani Revolutionises E-Biz, Eyes Rs 1,000-Cr Rev In 24-Months
September 30, 2010 By Leave a Comment
We want to revolutionise digital commerce in retail in India. We will be offering the cheapest deals online, which will be 5-10 per cent cheaper here. In the next 18-24 months, we expect…
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…
Dabur To Take Franchise Route To Expand Retail Venture
September 27, 2010 By Leave a Comment
Consumer goods firm, Dabur India Ltd will start adopting the franchise route for its retail stores ‘Newu’ and explore smaller format stores in order to expedite expansion. The company’s subsidiary…
Living Room Plans To Open 100 Electronic Retail Outlets
September 26, 2010 By Leave a Comment
Living Room Lifestyle Ltd is now aggressively moving ahead with its business expansion plans as informed earlier. As a part of these plans, the company plans to open 100 electronic retail outlets in a phased manner, on a pan India basis for…
The Mobilestore – TMS To Add 700 Outlets In Six Months
September 26, 2010 By 1 Comment
The Essar Group-owned telecom retailer, The MobileStore, is planning to add 700 outlets in the next six months. The company already has 1,200 outlets across 200 cities and 45 per cent…
Recent Comments