Ambeek Khemka

Vishal Retail Ltd has informed BSE that Ambeek Khemka, designated as group president of the Company, has put down his papers and is no more associated with the Company. This services have been discontinued with effect from February 2,...

The firm had deposited insufficient funds in the provident fund accounts of 13,000 employees, according to the notice.Supermarket chain Vishal Retail Ltd has received a notice from the Employees Provident Fund Organization (EPFO) alleging that the firm had deposited...

Wine lovers in Delhi raise a toast to this. Soon, there will be no need to queue up at the rustic, dingy state-owned retail outlets to buy the preferred brands. From next month, the Delhi government will allow private...

Cash-strapped retail store chain Vishal Retail Ltd has rolled over Rs250 crore worth of short-term debt from various lenders.The loans taken early last year to fund the company’s aggressive expansion plans could not be repaid on time as it...

In his Union Budget presentation earlier this month, India’s Union Finance Minister (FM) Pranab Mukherjee underscored the urgency of reviving growth, by identifying that the country’s immediate economic challenge is to return to nine per cent GDP growth, failure...

Faced with Rs 115 crore loss, Vishal Retail will shut down as many as 10 of its outlets across the country over the next few months to reduce cost.The company is also in the process of re-negotiating part of...

By how much has the consumer’s pocket been impacted by the economic crisis? This is a question that has been troubling consumer goods manufacturers and retailers over the past few months. Thoughts on how to emerge from the crisis...

As the Verdict 2009 brings India back to sanity, extinguishing the hate politics and evaporating the caste talk into thin air, the talk shows in which psephologists and journalists would pour out caste figures and percentages where all like...

Retail companies in the organised retail sector want the government to take a series of initiatives in the forthcoming budget that would boost consumption and have sought ‘industry status’ as well as abolition of the service tax to beat...

In an effort to attract consumers, discount retailer Vishal Retail has said that the company is working on a new pricing strategy. As part of the plan, some of the products will be priced in ranges between Rs 19...