Foreign Direct Investment
Retail
Third Best Price Modern Wholesale store in Punjab
Bharti Wal-Mart Private Limited, the joint venture between Bharti Enterprises and Walmart Stores Inc for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations in India, today opened its third Best Price Modern Wholesale cash and-carry store in Punjab...
Retail
DIPP releases Discussion Paper on FDI
The Department of Industrial Policy and Promotion (DIPP) has decided to release Discussion Papers on some subjects on FDI. In the series of these Discussion Papers, this is the second paper on ‘Foreign Direct Investment (FDI) in multi-brand retail...
Retail
Aditya Birla Retail upbeat on private label business
Aditya Birla Retail Ltd (ABRL), the retail arm of the $29.2-billion Aditya Birla Group, is bullish on its private labels business. The business, which currently contributes around 19% to the total revenues of the company, is expected to touch...
Retail
Russia’s retail sales to go up 25 per cent by 2014: BMI report
Russia's total retail sales are likely to increase by over 25 per cent in local currency terms by 2014 – growing from a projected $491.57 billion in 2010 to $719.96 billion. This was predicted by Business Monitor International's (BMI)...
Retail
More Megastore to open in Delhi
Aditya Birla Retail Limited (ABRL), which operates a chain of supermarkets – More – and hypermarkets,More Megastore, is set to roll out its first hypermarket in Delhi on May 27.Speaking exclusively to IndiaRetailing, Thomas Varghese, CEO, ABRL, says, "This...
Retail
China’s retail sales to grow 74 per cent: Report
The Q3 2010 China Retail Report forecasts that the country's total retail sales will increase by 74 per cent in local currency terms by the end of the forecast period, growing from $2.09 trn in 2010 to a projected...
Retail
Biyani, Dabriwala to merge real estate businesses
Kishore Biyani, founder and CEO of Future Group, and Kolkata-based developer Sumit Dabriwala have reached an “in-principle” agreement to merge their real-estate businesses. According to the agreement, a foreign direct investment-compliant real estate firm will be created in about...
Retail
PVR enters Allahabad
PVR Ltd, one of the leading entertainment companies in India, today launched its first four screen multiplex at Vinayak City Centre at Allahabad, with a capacity of 923 seats. The launch is a part of PVR’s expansion strategy pan...
Retail
Carrefour rules out Brazil exit, plans investment
French supermarket chain Carrefour has no plans to leave Brazil and will make more investments in the South American country, the company’s top executive in Brazil, Jean Marc Pueyo, told the press.“Why would Carrefour put so much money into...
Retail
Express Avenue, Chennai to soft launch in April
Express Avenue, Chennai, which is being promoted by Express Infrastructure, is set to soft launch on April 1, 2010 and the mall will be fully operational by the end of May 2010. The property, at present, is 60 per...
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Prices of tomato, potato in bitter taste; home-cooked meals get costlier in Dec: Report
A 16% on-year increase in vegetable oil cost due to import duty hikes by the government aggravated it for...
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