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Indo Rama rolls out retail plans in Punjab

Indo Rama Retail Holdings Private Ltd, the retail arm of Indo Rama Synthetics, inaugurated its first franchisee Office 1 Superstore in Chandigarh. The company...

India stars prominently in LVMH expansion plans

Moet Hennessy Louis Vuitton (LVMH), with a portfolio of such luxury brands as Fendi, Christian Dior, TAG Heuer and Dom Perignon, has identified India...

Home Depot announces new president for China

The world's largest home improvement retailer, Home Depot, has appointed Yves Chen as president of its retail operations in China. Mr. Chen will report...

Sports World to float at 2 billion pounds

Sports World is to float on the London Stock Exchange in a deal expected to value the company at around £2 billion. With a...

Nambiars renounce 6per cent in BPL for Rs 30 crore

The Nambiars have sold 6.3-per-cent stake in flagship group company BPL for about Rs 25-30 crore. The promoters held 72.6 per cent stake at...

Citi Property to invest $120 million in luxury hotels

The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels.CPI, which is among the biggest...

Norwegian firm Orkla acquires India’s MTR Foods

Norwegian food-to-metals group Orkla has bought India’s MTR Foods, but it did not disclose the acquisition price. It is reported, however, that the transaction...
Reliance Retail ties up with National Payments Corporation of India

3 more Reliance Fresh stores in Vizag

Reliance Retail launched three new pilot stores in Visakhapatnam. This has taken the tally of Reliance ‘Fresh’ stores to 31 in the state of...

Fight for Duty-free shops at Mumbai Intl Airport intensifies

The fight for Mumbai International Airport’s duty-free shop is about to enter the second round. The tenders for the duty-free shops are about to...

Mobile magic to open 200 stores by fiscal-end

Mobile Magic India Pvt Ltd. has drawn up plans to widen its retail chain of mobile shops across India. The company has plans of...