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Adlabs Films Q3 results registers net loss at Rs 335 mn
The Reliance-ADAG led entertainment chain Adlabs Adlabs Films, in its unaudited financial results for the quarter ended December 31, 2008, has posted a net loss of Rs 335.444 million. The company during the corresponding period in 2007 had registered...
Retail
Arvind makes amendment to expedite demerger
Arvind Ltd has announced that the board of directors of the company has amended the composite scheme of arrangement among Arvind Ltd, Arvind Lifestyle Brands Ltd and Arvind Retail Ltd which was previously approved by it in its meeting...
Retail
Tata Tea relocates its MD to UK firm
Keeping in view to strengthen the company’s global operations, India’s major tea manufacturer Tata Tea’s board of directors have decided to relocate its managing director PT Siganporia to company's UK firm Tata Tea (GB) Inc in London.According to company’s...
Retail
Argos shuts India operation
Argos, part of UK-based home and general merchandise retailer Home Retail Group, has winded up its India operation. Argos entered India in 2007 after signing a franchise agreement with Gateway Multichannel Retail (India) Ltd — a JV formed between...
Retail
Vishal Retail shuts two stores
Diversified retail player Vishal Retail has closed down the operation of two of its stores. The two stores were located at Color Scape Shopping Mall, Mulund, Mumbai and Shyam Nager Scheme, Pal Link Road, Jodhpur, Rajasthan. While the former...
Retail
HUL declares Q3 results; announces new CFO
FMCG major Hindustan Unilever has posted a net profit of Rs 6157.40 million for the quarter ended December 31, 2008 as compared to Rs 6314.40 million for the corresponding figure of 2007.Total income has increased from Rs 37894.00 million...
Retail
Cinemax opens two-screen multiplex at Thane
After stepping its foot recently in Hyderabad with a new three-screen multiplex, Kanakia Group-promoted Cinemax India has opened a two-screen multiplex in Thane, Maharastra. Located at Spring Avenue, Khadakpada, Kalyan (West), Thane, the multiplex kicked off with Akshay Kumar...
Retail
Brio Café: Arrives Jaipur, leaves Noida
Shoppers Stop has opened a new Brio Café in the capital city of Rajasthan, Jaipur. Meanwhile, the company has also closed down Brio Café at Noida.Shoppers Stop foray into food and beverages began with Brio. Brio has been designed...
Retail
Cinemax launches 3-screen multiplex in Hyderabad
Mumbai-based multiplex operator Cinemax India, a part of Kanakia Group, has opened a new multiplex in the capital city of Andhra Pradesh. With an arrangement of 1001 seats including 88 recliner seats, the Hyderabad-based three-screen multiplex is opened at...
Retail
KDIL promoter sells stake
In a latest development, one of the promotors of dairy products major Kwality Dairy (India) Ltd (KDIL) Gulshan Kumar sold 15,000 shares of the company. In a disclosure made to Bombay Stock Exchange, the company said that the sale...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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