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PRIL announces Q3 results

Pantaloon Retail (India) Ltd (PRIL) announced an unaudited results for the quarter ended March 31, 2010. It reported a net profit of Rs.325 million for the third quarter ended March 31, 2010 whereas its net profit during the same...

Fame India appoints Kishore Biyani as independent director

Fame India Ltd informed Bombay Stock Exchange that it has appointed Kishore Biyani, chairman, Future Group, as an independent director on the board of the company.In its further announcement Fame India informed BSE that the board of directors at...

Shareholders approve acquisition of DT Cinemas: PVR

Multiplex major PVR said it has received approval from its shareholders to acquire the cinema exhibition business of DLF, DT Cinemas.The members at the extra ordinary general meeting have approved the acquisition of DT Cinemas, PVR said in a...

PVR acquires DT Cinemas

PVR Ltd, on November 13th, announced that it has reached an agreement with DLF Group’s DT Cinemas to acquire their cinema business on a slump sale basis. PVR will fund the acquisition through part stock and part cash payout....

HC stays Trent plans for Star Bazaars in Delhi

The entry of Star Bazaar, the Tata Group-owned supermarket chain, to the national capital is facing a hurdle with a division bench of the Delhi High Court issuing a stay order on the use of the Star Bazaar name...

Pantaloon Retail to launch integrated loyalty programme

Pantaloon Retail India (Pril), country's largest retail company, has now decided to make use of its customer relationships by launching loyalty programmes for its various formats, and integrate it at the same time at the back end to have...

Fame Cinema opens at Kalyan, Mumbai

Shrinagar-based multiplex player Fame Cinemas, part of Fame India Ltd, has opened a five-screen multiplex at Kalyan in Mumbai. Fame Kalyan, the newly launched multiplex, is the 22nd property of the chain across India, the company informed in a...

Pantaloon shareholders okay biz restructure

Kishore Biyani-promoted Pantaloon Retail on Tuesday said it has received shareholders' approval for restructuring the company into three separate entities catering to FMCG, retail and fashion, and rechristening the group as Future Markets & Consumer Group.The shareholders have approved...

Vishal Retail to trim down its operation to cut costs

Hit hard by the economic slowdown, Vishal Retail today said it will relocate stores, hive-off unviable formats and merge warehouses as part of cost cutting measures.The company also said it has already closed factories except one as it will...

Gitanjali Gems acquires Modali Gems

Gitanjali Gems has announced that the company has acquired 100 per cent shares of Modali Gems (MGPL), earlier a joint venture company. By way of this acquisition, MGPL has become a wholly owned subsidiary of the company, said Gitanjali...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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