IndiaRetailBiz

Reliance Industries Limited (RIL), the flagship company of Mukesh Ambani-led Reliance group, has identified retail as one of the five main areas of growth for future. Apart from retail, core areas of conventional energy and hydrocarbons as well as as rural transformation and innovations (like non-woven fibres for wallpaper and paper for currency), have also [...]

Pantaloon Retail India, a Future group company, has grown at a much faster pace than some of its well known competitors. The credit for this in large measure goes to the vision of its founder and promoter Kishore Biyani, who is quick to acquire/ contract new space, and that too at lower rates, than its [...]

Crossword, the country’s leading leisure and entertainment products chain, which sells books, music, gifts, toys, and games, among others, has added two more stores.
With the opening of the two new stores– one each at Bangalore (franchisee) and Shopper’s Stop, Hyderabad (shop-in-shop), the tally of “Crossword” stores across the country has gone up from 53 to [...]

Inorbit Malls (India), launched its Rs 300-crore, destination mall, in Cyberabad on Wednesday, the 14th October, 2009.
The new mall, located at Mindspace, is the third such mall property of Mumbai-based construction major K. Raheja Corporation. The other two In-orbit properties are located at Malad in Mumbai, and Vashi in Greater Mumbai.
The mall, as to be [...]

DHL Life Sciences and Healthcare, a division of the world’s leading logistic services player, is likely to soon set up a supply chain infrastructure for providing logistic services to deliver drugs and related healthcare products that are sourced from foreign manufacturers to retailers in India. This, while ensuring quick supply of lifesaving products, will eliminate [...]

HSAMB (Haryana State Agricultural Marketing Board), a state government development agency, is taking up commendable steps to strengthen agriculture supply infrastructure for efficient marketing of fresh/ green horticulture products like fruits, vegetables, flowers, and herbs.
Apart from helping farmers in securing better price for their products, creation of modern suppy-chain infrastructure will go a long way [...]

Almost after a year’s drought of capital resources, India’s retail sector appears to be returning back in reckoning of investors. This is evident from the fact that foreign investors have begun to re-look at expansion projects of Indian retailers.
Fung Capital, a private equity investment company of Fung families, has decided to invest around $30 [...]

Future Logistics Solutions Limited– the logistics company of Kishore Biyani-led Future Group– has been restrained by the Hon. Madras High Court from using the trade name of ‘Future Logistics.’ The interim injunction order was granted by the Hon Madras High Court on a petition filed by a small Chennai-based logistics company registered and operating as [...]

Doug McMillon, 42, CEO, Wal-Mart International, among the top ranking officials of the company, is on visit to India.
The world’s largest retailer and largest employer, which garners annual revenues of $404 billion and employee strength of 2.1 million persons worldwide, has set up a retail joint venture in India.
The Wal-mart’s  joint venture with Sunil Mittal-led Bharti Enterprises has already begun [...]

Indians are expecting a lot from Pranab Mukherjee, the union finance minister, who will today be presenting the first annual budget (2009-10) of the new UPA government.
The high hopes are on account of this budget being the first budget of the ruling Congress in recent times free of ideological shackeles of the regressive ‘Left’ parties.
While, business and industry, [...]