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Aditya Birla

Sensex goes green but Retail stocks crumble

It was the start of the week and markets once again continued to be choppy. Positive cues from global markets coupled with RBI's announcement to cut repo rates by 100 bps to 8 per cent with immediate effect, provided...

Retail stocks nosedive as hide & seek continues at Dalal Street

After two consecutive days of green and cheers, the bears are back with a bang on Dalal Street. While the BSE Sensitive Index or Sensex shed 674.28 points, the fifty share index Nifty shut shop at 3,338.40, down 180...

Oberoi Mall opens in Mumbai

Mumbai-based real estate developer Oberoi Constructions has announced the opening of their first retail project Oberoi Mall at Goregaon East in Mumbai.Covering an approximate area of 5.5 lakh square feet, the mall houses various national and international brands that...

India may see over 4,000 modern retail outlets in about 50 lakh sq. ft in five years

New stores, new formats, new retail destinations, new… review of claims (various announcements made in last 70 days) by the companies in the business of retail says that next five years will see thousands of crore being pumped in...

Consumer is the retail king

What a cricket bat is to Sachin Tendulkar, a pen is to Salman Rushdie, and a camera is to Satyajit Ray, consumers are the same to retailers. In the present scenario, consumer loyalty plays a pivotal role in making...

About Rs 80000 cr investments from Aditya Birla in Orissa

Aditya Birla Group, one of the largest business houses in the country with interests in various sectors including retail and textiles, plans to invest Rs 75,000-Rs 80,000 crore in Orissa.The proposed investment will be made in retail, textiles and...

Aditya Birla Nuvo to expand retail biz

Aditya Birla Nuvo has planned to expand operations of its apparel retailing subsidiaries that include men’s exclusive lifestyle and Peter England family stores. The company is eyeing the super premium and luxury segment with plans to open three men’s...

More hypermarkets from Aditya Birla

India will see more supermarkets and hypermarkets from Aditya Birla Retail, as the company is all set to ramp up its its expansion across the country“Our rollout strategy is dependent on our ability to execute. We are planning to...

Promoters to have majority stake in ABNL

In an effort to generate over Rs 4,000 crore in the next 18 months, board of directors of Aditya Birla Nuvo Limited (ABNL), the company behind apparel retail major Madura Garments, has approved 'preferential offer' to the promoters.The determined...

Indian retail majors — Q2 FY08 glimpses

• Pantaloon RetailPantaloon Retail posted 78.5 per cent increase in gross turnover for quarter to September 30, 2007. Pantaloon Retail (India) Limited, part of Future Group, declared its unaudited financial results for the quarter ended September 30, 2007. Gross...
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Landmark Group’s Lifestyle enters Aurangabad

Located at Prozone Mall, API Road, it is the 24th Lifestyle store in the Western region and 112th in...
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