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Retail in India may lose Rs 400 cr FDI this fiscal: KPMG

Indian retail may lose foreign direct investment of up to Rs 400 crore this fiscal because of last week's recommendations by the Parliamentary Panel on Commerce, which has opposed further leeway to the entry of international retail brands in...

India most attractive market for retail investment: Kearney

Providing good growth potential for global retailers amid the economic slowdown, India has emerged as the most alluring market for investment in the retail sector, surpassing the likes of China, Russia and the United Arab Emirates.India has been ranked...

Pantaloon Retail arm close to equity deal with Carrefour

Pantaloon Retail, the country’s largest retailer, is close to sealing an equity partnership deal between one of its subsidiaries and French retail giant Carrefour.Under the deal, being given finishing touches, Carrefour is expected to take an equity stake in...

ISCF – retail biggies & malls to strategise `Next Gen Shopping Spaces`

The largest congregation of shopping centres and retailers in India, India Shopping Centre Forum (ISCF), is back to Renaissance, Mumbai again for its second edition. Scheduled to be held on May 29-30, 2009, the event promises to re-enthuse the...

Carrefour plans India ops next year

Carrefour SA, Europe’s largest retailer, has said it may start wholesale operations in India by 2010 and has initiated discussions with more than 600 suppliers as part of the plan.Carrefour, which has named Lars Olofsson as its new global...

GourmetCity among top 10 global retailers to watch

HyperCity Retail’s premium food retail format GourmetCity has made it to British grocery retail research specialist IGD International’s prestigious ‘Ten to Watch 2009’ list. This is the 5th year of this series with 40 retailers previously featured, and is...

Shoppers Stop’s in-store marketing makes the cut for 2009 World Retail Awards

In-store marketing campaigns for a diverse range of international retailers have been shortlisted for the 2009 World Retail Awards to be held in Barcelona, Spain in May. Six retail campaigns have been selected, and will now go head to...

Organised retail to falter for next 18 months, says report

The growth in organised retail sales in India might continue to falter for the next 18 months and might fail to reach its envisaged share for 2012, showed a study by business consultancy KPMG.Organised retail’s share is expected to...

Carrefour to have new CFO

Carrefour has named Pierre Bouchut as its new chief financial officer. Bouchut joins the team of new Carrefour chief executive Lars Olofsson and will be responsible for financial management, commercial financial services, financial reporting, mergers & acquisitions, assets and...

Carrefour food-retailing concept arrives Morocco

World’s second largest retailer and the leader in Europe, Carrefour, has signed a exclusive franchise agreement with Morocco’s leading supermarket operator Label'Vie for the development of the Carrefour fascia in Morocco. According to a joint press release, the agreement...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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