Alghanim Industries
Retail
The MobileStore acquires X-Cite retail chain of India
The MobileStore, which is being promoted by The Essar Group, has announced the signing of an agreement for the acquisition of Impact Retail Private Ltd.'s consumer durables and IT (CDIT) operations which runs under the brand name X-Cite.With the...
Retail
X-cite rubbishes exit rumour, to expand in Delhi
Vehemently refuting what it called 'idle speculation rather than an impartial investigation of facts', consumer electronics retailer X-cite has said that far from shutting shop in India, it is instead poised to expand its store network into Delhi. Responding...
Retail
KIRBY to enter consumer durables sector
According to sources, a subsidiary of one of West Asia’s largest business houses Alghanim Industries has plans to enter the retail sector through its Indian subsidiary, Kirby Building Systems, a maker of pre-engineered steel buildings.The company has strategically chosen...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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