“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 'Mobiles/ Telecom'
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)
Prestigeous ‘Emerging Market Retailer’ award for 2008 conferred on ‘The MobileStore’
June 9th, 2008 · No Comments
“We are honoured to receive this esteemed award at such a competitive forum, the team has worked hard to make The MobileStore the most loved and preferred brand in the telecom retail space. The award establishes the supremacy of The MobileStore brand in the telecom retail space not just in India but […]
Tags: Awards/ Felicitations · Indian · E-tailing/ Online retailing · Mobiles/ Telecom · MBO (Multi Brand Outlet) · Events/ Happenings
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)
Reliance launches 4th ‘iStore’ in Jaipur; plans 60 iStores in 3 years
May 10th, 2008 · No Comments
Reliance Retail (RRL), the retailing arm of Mukesh Ambani-led Reliance group, which in a tie up with the US-based Steve Jobs-led Apple Inc. has set up exclusive Apple premium reseller stores called ‘iStores,’ to offer genuine iconic Apple consumer and professional electronic products like iMac desktop computers, MacBook notebooks, Mac Air notebooks (world’s thinnest), Mac […]
Tags: Expansion/ Investment/ Launch · Consumer Electronics/ Home Appliances · Mobiles/ Telecom · Speciality/ Concept stores · Mukesh Ambani (Reliance)
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)
Essar prepares blueprint for ambitious expansion of its mobile chain; expects Rs. 5,000 Cr in sales by 2010
January 13th, 2008 · 1 Comment
The MobileStore, the Ruias owned telecom retail face of the steel to oil Essar group, is looking at achieving a turnover of Rs. 5,000 crore ($1.25 billion) by 2010. The MobileStore was set up following the sale of Essar group’s telecom joint venture with Hutchison to the UK-based Vodaphone, in the next […]
Tags: Expansion/ Investment/ Launch · Consumer Electronics/ Home Appliances · Mobiles/ Telecom
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
Essar undertakes aggressive expansion drive of mobile retail network; aims Rs. 5,000 Cr. sales in 1½ years
November 24th, 2007 · No Comments
Leveraging on the unprecedented boom witnessed by telecom industry in the country, which has seen over six million mobile phones being added every month, Ruias owned Essat group has decided to undertake aggressive expansion of its mobile handset and accessories business done under the brand name of MobileStore.
MobileStore, which is currently operating 325 stores, will […]
Tags: Expansion/ Investment/ Launch · Mobiles/ Telecom
Essar Telecom undertakes 8-fold expansion of retail network; stores count to reach 2,400 in 3 years
November 5th, 2007 · No Comments
Essar Telecom Retail has planned to undertake massive expansion of its mobile retail network. According to a PTI report, the company has decided to increase its network over 8-fold from 300 outlets at present to 2,400 outlets in the next three years. During the current fiscal the stores tally is expected […]
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