Discount retailer Wal-Mart reported gains in net sales and operating income for its Q3 fiscal 2010 (ended October 31, 2009), but experienced decreases in comparable store sales. Analysis of selected t…
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India
Retail industry news, retail jobs, retail events and key retail market data, specific to India.
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Phoenix Mills Ltd managing director Atul Ruia, a third generation entrepreneur from the Ruia family, has been instrumental in setting up and managing premier retail destination, High Street Phoenix at…
Ayurveda’s healing touch draws big business
Baba Ramdev and the Tata Group are poles apart in their area of operations, but they have one thing in common: both have been quick to spot the money-spinning potential of Ayurvedas healing touch.…
Barista to expand with 25 more outlets
India’s second largest coffee chain, Barista Lavazza, is planning to invest Rs 12 crore during the second half of the current financial year to open 25 outlets across the country. It is looking …
EPM Live Goes Live in India
2-time Microsoft EPM Partner of the Year and Global Leader in SharePoint-based Project and Workforce Management Applications announces the official launch of its India software distribution channel in…
Auto firms increase online spends
Auto companies in the country like Maruti, General Motors, Volkswagen, Honda, Mahindra and Bajaj have increased their online spends significantly.
The reason is not hard to fathom. Going by a recent r…
India Hospitality to raise Rs 1-k cr in 3 years from FIIs to fund buys
India Hospitality Corp, which owns Mars chain of restaurants and runs one of the largest airlines catering companies-SkyGourmet, is in the process to raise Rs 1,000 crore from foreign institutional in…
Vishal promoter to exit in debt recast
Value retailer Vishal Retail’s founder chairman and managing director, Ram Chandra Agarwal, will step down, according to a settlement reached with the companys lenders. The company today decided…
Tata Motors mulls letting assemblers brand Nano
Seven months after the launch of Nano, Tata Motors is toying with the idea of letting local garage assemblers put together the worlds cheapest car and also sell it under a brand of their own.…
Tata Tea seeks distribution tie-ups on a global scale
Indian beverages giant Tata Tea is looking at expanding its global network through tie-ups and acquisitions. The priority is a distribution joint venture with companies of the scale of Coca-Cola and P…