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Bharti -Wal-Mart JV under PMO scrutiny

The Prime Minister's Office (PMO) will now look into the Bharti-Wal-Mart deal, as a response to the concerns raised by the Left parties, soon...

Consumer on a spending spree

Average consumer spending in India increased by about 42 per cent, primarily due to increase in the disposable income. Adding an impetus to this...
Reliance Retail ties up with National Payments Corporation of India

Reliance buys Adani Retail

Gujarat based Adani Group sold its retail wing, Adani Retail to Reliance Retail for Rs.1-Rs1.10 billion. This is the first major acquisition in the...

Lotte Mart likely to enter Indian market

Lotte Mart set up an office in Delhi to study the domestic market, which suggests their interest in entering the Indian retail market. It...

India to be largest retail industry

Confederation of Indian Industry (CII) organized an international conference on `Private Labeling in Food - Gaining Shelf Space and Market Space' with Tech 2006...

Landmark Group ventures into hospitality business

Micky Jagtiani led, the Landmark Group, which operates the Lifestyle retail stores in India, is set to enter the hospitality business, with an investment...

Decathlon to enter India

After the government recently said that it would allow FDI up to 49 per cent in multi-brand retail of sports goods Decathlon, French sports...