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Retail
Shoppers Stop closes Crossword store at Ghaziabad
Shoppers Stop, a K Raheja Corp Group company, has closed down its Crossword store at Ghaziabad, Uttar Pradesh. The company made the announcement in its latest disclosure to Bombay Stock Exchange.Crossword is engaged in the business of retailing books,...
Retail
Kwality Walls opens Swirl’s Parlour at RGIA
Kwality Walls, Hindustan Unilever Ltd’s master brand for ice creams, has opened its European concept parlour Swirl’s at Rajiv Gandhi International Airport (RGIA), Hyderabad. The information came through a latest filing of GMR Infrastructure Ltd to Bombay Stock Exchange....
Retail
Gitanjali Gems signs 50:50 JV with Hassan’s Optician
Geetanjali Gems, the jewellery retail arm of Mumbai-based Geetanjali Group, has signed a 50:50 JV with Kuwait-based Hassan’s Optician, according to a statement by Gitanjali Group to Bombay Stock Exchange.According to the BSE filing, the formed alliance will permit...
Retail
Vishal Retail opens 2 new stores
In sync with the company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened two more stores under the brand name Vishal Megamart and Vishal Fashionmart in Uttar Pradesh and Punjab respectively. The information came through Vishal Retail’s...
Retail
Alok Industries to raise Rs 4.5 bn via rights
Textile firm Alok Industries has said that it will raise Rs 4.5 billion through issues of rights. In a disclosure to Bombay Stock Exchange, Alok Industries informed that the board of directors has approved to increase the size of...
Retail
Vishal Fashionmart opens in Punjab
As part of company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened one more store of its apparel retail format Vishal Fashionmart in Punjab. With this new launch, the company has now a total of 181 stores...
Retail
Welspun Group’s chairman passes away
Welspun Group's chairman GR Goenka, the man who had given a shape to the Group with his immense experience and vision, died on Sunday. Goenka took his last breath amid surrounding of his family members and friend, according to...
Retail
SS Oral Hygiene becomes Colgate Palmolive subsidiary
Colgate Palmolive India, owner of a suite of oral and personal care brands, has acquired 25 per cent share capital of Hyderabad–based SS Oral Hygiene Products from the local shareholders on December 16 at an aggregate price of Rs...
Retail
Vishal Retail promoters plan stake sale
The promoters of Vishal Retail, country’s second largest public-listed retailer, is learnt to be engaged in evaluating several options to raise capital to sustain company’s current operations and planned expansion. Vishal Retail CMD Ram Chandra Agarwal said: “We are...
Retail
Gitanjali Gems Board to consider buy back of equity shares
Gitanjali Gems, country’s pioneer in branded jewellery, in its meeting of the board of directors of the company to be held on December 19, will consider the proposal of buy back of equity shares, the company has said in...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps
A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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