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Indian Institutes of Management

Safexpress sets up mega logistics park at Indore

The Rs 700-crore Indian supply chain and logistics company Safexpress has operationalized a mega warehousing and logistics park in Indore with an investment of Rs 85 crore. Spread over an area of 1.15 million sq. ft. along the Agra-Mumbai...

Food retail to grow to $20 bn: Govt

Food retail business in India is expected to grow by over four hundred per cent in next five years. Consequently, the share of global trade in the sector has been projected to double by 2015, according Ajit Kumar, joint...

Smaller retailers should be protected: Commerce minister

“Smaller retail shops should be protected from being abolished,” stated Union Commerce Minister Kamal Nath. Defending India’s policy on retail FDI, he added: “We need to see that the policy does not dislocate small retailers.” The minister was addressing...

Tata brews tea retailing format through Chai Unchai

Tata Tea, the country’s largest tea company by volume, made a first-of-its-kind foray into the out-of-home beverage segment by unveiling a new retail format christened Chai Unchai in Bengaluru. Targeting the youth, the company opened its first Chai Unchai...

Apollo expanding chain of lifestyle clinics

Apollo Health and Lifestyle Limited (AHLL), a subsidiary of Apollo Hospitals group, plans to open 250 lifestyle clinics in next few years.“We have signed up for 20 more clinics in the next few months. The number would grow to...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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