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Future Group to off load its stakes in Future Media

The recently floated media company of the Future Group, Future Media, is said to be planning to off load its minority stakes in the...

Croma opens its second store in Mumbai

Croma, the electronics Megastore, opened its 2nd store in Malad, Mumbai. The second store like the first one has a total retail space of...

Indivision invests Rs.50 crore in VLCC

Indivision, a private equity fund promoted by Future Capital, the financial services arm of the Future Group (Pantaloon Retail) has invested Rs. 50 crore...

GCC Retail Space to Treble within Ten Years

According to IIR Middle East, the organizer of Retail City, current GCC retail space will treble to more than 15 million square metres by...

Essar Group to enter mobile retail

Essar Group is planning to invest over Rs 1,325 crore ($250-300 million) to roll out a network of retail showrooms across India.The company will...

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...

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...

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...

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Citykart opens over 25 new stores across India

The offline expansion will create around 600 jobs ahead of the festive season and help in reaching Rs950-Rs1,000 revenue this fiscal. New Delhi: Gurugram-based...