“Subhiksha has access to capital and will continue to be on the fast-track of growth. It (transaction of acquire) will also enhance value for our stakeholders and help our objective of becoming a US$ five billion company by 2011,” R. Subramanian, Promoter & Managing Director, Subhiksha Trading, while explaining its proposed acquisition […]
Entries Tagged as 'Subhiksha (Subramanians)'
Subhiksha looking at $5 billilion valuation by 2011
June 30th, 2008 · 1 Comment
Tags: Expansion/ Investment/ Launch · Discount Store · Capital/ PE/ IPO · FMCG · Consumer Electronics/ Home Appliances · Health, Beauty & Wellness · Supermarkets/ Superstores · Convenience Store · Food & Grocery · Mobiles/ Telecom · Subhiksha (Subramanians)
Subhiksha initiates revamp of old stores; image makeover exercise to cover 1,000 stores
June 17th, 2008 · No Comments
“Customers look for value and convenience, not ambiance. With the revamp of the stores, now customers can enjoy both the shopping experience and the savings in price.” — Mohit Khattar, President (Marketing), Subhiksha Trading.
Subhiksha– the Chennai based 11 years old, deep discount, no-frills, non-glitzy, retail chain promoted by R. Subramanian, is […]
Tags: Image Makeover · Infrastructure/ Logistics/ Supply Chain · Subhiksha (Subramanians)
Reliance Fresh, Subhiksha, Big Bazaar, and Vishal among the top 50 ‘Most Trusted Brands’ on ET service category list
June 11th, 2008 · No Comments
A number of ‘modern retail brands,’ all of which are quite young in terms of either their launch or geographical spread, have begun catching imagination of Indian consumers. They have entered the prestigious listing under ’services’ category this year of the “Most Trusted Brands” list of the Economic Times.
In the next few […]
Tags: Subhiksha (Subramanians) · Awards/ Felicitations · Kishore Biyani (Future Group) · Mukesh Ambani (Reliance) · Consumers/ Behaviour · Retail Strategy · Research/ Analysis/ Stats/ Trends
Subhiksha’s “mobile” business plans Rs. 100 cr. expansion; expects share of “mobile” segment to increase to 25%
May 26th, 2008 · No Comments
Subhiksha’s, the Chennai-based no-frills, deep discount retail chain, which for about a decade since its inception was operating in traditional business verticals of fruits & vegetables, food, grocery, and pharmaceuticals, has done quite well for its new “mobile” vertical.
Subhiksha’s mobile vertical, though only a few months old, has already begun making […]
Tags: Expansion/ Investment/ Launch · Mobiles/ Telecom · Subhiksha (Subramanians)
Subhiksha defers IPO yet again; cites poor market conditions and comfortable funds position as reasons
May 9th, 2008 · No Comments
Poor capital market conditions combined with comfortable funds position has prompted Subhiksha– the largest, small format, convenience stores, retail chain, to defer its much awaited entry into capital markets. It had plans to raise capital from public through maiden IPO, soon after crossing the milestone of 1,000 retail stores, which it […]
Tags: Capital/ PE/ IPO · Convenience Store · Subhiksha (Subramanians)
Subhiksha ‘Mobile’ enters Kolkata & Kerala; ready to set up 120+ telecom stores
April 24th, 2008 · No Comments
“Our entry into Kolkata and Kerala telecom retail markets is part of our commitment to bring greater value to consumers across the country. Consumers will benefit hugely from the best prices and the range of products offered at Subhiksha Mobile stores.” — R. Subramanian, Founder & Managing Director, Subhiksha Trading Services.
Subhiksha, […]
Tags: Expansion/ Investment/ Launch · Mobiles/ Telecom · Subhiksha (Subramanians)
‘Subhiksha Mobile’ is now India’s largest telecom retail chain; launches 50th Mobile store of Hyderabad
March 29th, 2008 · 1 Comment
“Subhiksha mobile stores across the country maintain consistency in design and ensure that customers are serviced efficiently.” — R. Subramanian, Managing Director, Subhiksha.
Subhiksha, the country’s largest, no-frills, discount retail stores chain, which currently operates over 1,100 food, grocery, and medicine stores, has also become the country’s largest telecom retail chain […]
Tags: Expansion/ Investment/ Launch · Mobiles/ Telecom · Subhiksha (Subramanians)
“Subhiksha” among 50 local ‘dynamos’ of ‘Rapidly Developing Economies’
March 24th, 2008 · 2 Comments
“I am delighted though not completely surprised to see Subhiksha in this list. Subhiksha’s inclusion in this elite list is a testimony to the transformation that Subhiksha has pioneered in the retail landscape.”
“The consistently better value that we offer to our customers, coupled with a no frills approach and multiple stores in […]
Tags: Awards/ Felicitations · Subhiksha (Subramanians)
Subhiksha goes East; ready to unveil 17 stores in Kolkata
January 16th, 2008 · 3 Comments
Subhiksha, the Chennai-based no frills, discount retail chain, which for over a year has been planning to rollout a cluster of neighbourhood, convenience stores, in Kolkata, appears to be now getting ready to rollout its stores in Kolkata. According to media reports, at least 17 stores of these stores are likely to be […]
Tags: Expansion/ Investment/ Launch · Convenience Store · Subhiksha (Subramanians)
Subhiksha introduces ‘helpline’ for cellphone buyers
December 19th, 2007 · No Comments
Irrespective of where and who you buy your cellphone from, there are good chances that you may have to regret later, as someone else may be offering the same at cheaper prices.
To help customers overcome this anxiety, discount retailer Subhiksha, which a few months back entered the telecom vertical, has decided to […]
Tags: Mobiles/ Telecom · Subhiksha (Subramanians) · Advertising, Promotions, Pricing, PR
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