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Future Group’s FMNL announces merger with mall subsidiary Star Centres

Kishore Biyani led Future Group’s Shopping Center Management & Realty Infrastructure company, Future Market Networks Ltd., (FMNL) has filed a merger scheme with Delhi based Star Shopping Centres Pvt.Ltd. (SSCPL).Star Shopping Centres is a subsidiary of FMNL and is...

Future Group’s FMNL announces merger with mall subsidiary Star Centres

Kishore Biyani led Future Group’s Shopping Center Management & Realty Infrastructure company, Future Market Networks Ltd., (FMNL) has filed a merger scheme with Delhi based Star Shopping Centres Pvt.Ltd. (SSCPL). Star Shopping Centres is a subsidiary of FMNL and is...

Reliance Retail Q3 pre-tax profit soars 82 pc at Rs 606 crore

Reliance Retail on Friday reported a 81.98 per cent jump in its pre-tax profit at Rs 606 crore for the third quarter ended December 2017.The Reliance Industries’ retail arm had reported a profit before depreciation and income tax or...

Gaurav Jain, Head of Strategy and Businesses Development, Reliance Retail

Gaurav Jain is the Head of Strategy and Business Development at Reliance Retail, India's largest retailer with revenues of US $5.2 billion and presence of over 3,600 stores. A long-term retail professional, Jain brings significant management and leadership experience to...

Reliance Retail to pose biggest threat to top e-commerce players: Mohandas Pai

Reliance Retail will pose the biggest challenge to top e-commerce players Amazon and Flipkart next year due to its wider reach and tremendous penetration of telecom arm Jio, said an IT industry veteran. According to a PTI report: Consolidation would...

Heritage Foods posts 39.35 pc fall in Q1 profit

Dairy firm Heritage Foods on Friday posted a 39.35 per cent fall in its consolidated net profit at Rs 10.37 crore in the first quarter of 2017-18 fiscal due to higher expenses. Net profit stood at Rs 17.10 crore in...

Reliance Retail reports 65.8 pc rise in Q1 pre-tax profit at Rs 398 crore

Reliance Retail, the retail arm of Reliance Industries, has reported 65.8 per cent rise in pre-tax profit at Rs 398 crore for the first quarter ended on June 30, 2017. According to a PTI report: The company had reported a...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

Is India GST-ready? Here's what India Inc has to say

India has adopted its most comprehensive indirect tax reform, the Goods and Services Tax (GST) – on July 1, 2017. It is expected that the GST will help remove tax barriers between states, creating a single market. The roll-out...

Gitanjali Group enters into exclusive partnership with Reliance Retail's Project Eve

Reliance Retail has entered into an exclusive partnership with Gitanjali Group, India’s leading branded jewellery manufacturer-retailer to make fine jewellery from India’s top jewellery brands such as Gili, Nakshatra, Nirvana and Asmi available at the newly launched ‘Project Eve’...
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Swiggy files updated draft papers for IPO; eyes Rs 3,750 cr via fresh issue

The proposed IPO comprises an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholdersNew Delhi: Food and grocery...
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