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Indiaretailing Bureau

Priknit Retails sells stake to BCCL; targets 1000 stores by 2010

Ludhiana-based apparel retailer Priknit Retails has entered into a partnership deal with Bennett Coleman and Company Ltd (BCCL). The new deal allowed BCCL to...

Retail goes green as Sensex, Nifty continue to gain

The market today opened up with Sensex trading 111 points higher at 10447 and Nifty 24 points higher at 3133, from the previous close....

HUL to license Lakme and Lever Ayush brands to Lakme Lever

Hindustan Unilever Ltd (HUL), country's leading FMCG and wellness product manufacturer, has decided to license two of its most popular brands Lakme and Lever...

Footwear brand Pavers England unveils festive collection

After successfully launching its autumn winter collection in India, Europe's leading comfort footwear brand Pavers England has introduced a new range of footwear for...

Puma signs JV with Knowledge Fire for retail biz

In an effort to set up retail stores in India, Germany-based high-end lifestyle brand Puma is setting up a JV with RGN Swamy owned...

Pyramid Saimira promoter sells 6.5 pc stake in co

Cinema operator Pyramid Saimira Theatre Ltd (PSTL) has said in a statement to the stock exchange that a promoter of the company had sold...

Alok Industries to raise Rs 4.5 bn via rights

Textile firm Alok Industries has said that it will raise Rs 4.5 billion through issues of rights. In a disclosure to Bombay Stock Exchange,...

Mafatlal forays in school uniform biz

Textile major Mafatlal Industries, a flagship company of Arvind Mafatlal Group, is targeting a turnover of Rs 1 billion in FY '09-10 in its...

Lifebuoy soap prices dip by 7-8 pc

FMCG major, Hindustan Unilever Ltd. (HUL) has slashed the prices of its soap brand, Lifebouy by 7 to 8 per cent. The new development...

Nokia appoints Shankar Subramanian as new retail director

Mobile handset major Nokia India has appointed Shankar Subramanian as the new retail director. He has replaced V Ramanathan who will now handle the...

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Convenience store chain 24Seven being acquired by New Shop at Rs 700-1,000 cr valuation

After the acquisition, 24Seven’s over 150 stores will be rebranded as The New Shop – almost doubling the New...