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Aditya Birla Group

New CEO for Aditya Birla group’s retail venture

The Aditya Birla group appointed Thomas Varghese as the new chief executive officer (CEO) of Aditya Birla Retail, replacing Sumant Sinha, who will move out after spending six-and-a-half years with the group. Thomas Varghese is currently senior executive president...

Madura plans Indian version of Barneys and Harvey Nichols

Madura Garments, the apparel retail division of Aditya Birla Group, has planned a luxury lifestyle destination store for men on Bengaluru’s Vittal Mallya Road. Apparently, the country's first luxury mall, The Collection, is poised to open in UB City...

About Rs 80000 cr investments from Aditya Birla in Orissa

Aditya Birla Group, one of the largest business houses in the country with interests in various sectors including retail and textiles, plans to invest Rs 75,000-Rs 80,000 crore in Orissa.The proposed investment will be made in retail, textiles and...

Aditya Birla betting big on apparel biz

Aditya Birla Nuvo a subsidy of the Aditya Birla group is betting big on apparel retail business as it is expected to pump in about Rs 400 crore to shift focus from apparel wholesaling to retailing.If industry sources are...

Indian Railways offering retail space

The Indian Railways is soon going to offer around 4,800 hectares of land to retail and logistics companies to set up retail outlets, agri-retail infrastructure and warehouses. Around 3,000 sites have already been identified by the railways across the...

More hypermarkets from Aditya Birla

India will see more supermarkets and hypermarkets from Aditya Birla Retail, as the company is all set to ramp up its its expansion across the country“Our rollout strategy is dependent on our ability to execute. We are planning to...

Retail set to receive more money muscle

Big money is finding its way to fuel the retail revolution unfolding in the country. Corporate retailers across the country have announced investments plans amounting to Rs 131,804 crore in past six months, for expanding their network of stores within...

Budget 2008: Retailers left asking

“Our demands have not been addressed, as they should have been,” chorused the retail fraternity of India while sharing their take on Budget 2008 with Indiaretailing.Future Group: Kishore Biyani, CEO, Future Group, says that if farmers and income tax payers...

Aditya Birla hopes to ‘overtake’ Shoppers’ and not ‘take over’

A national daily’s report that Aditya Birla Group is considering a proposal to buy Shoppers' Stop and its other retail formats, has been denied by both the parties.The official spokesperson from Aditya Birla Group told Indiaretailing that nothing of...

One-stop building solution shops from Aditya Birla

To help consumers with building solutions, Aditya Birla Group will open one-stop building solution shops at various places in Tamil Nadu.The shops are intended to provide comprehensive solutions with respect to construction. Seven such shops will be opened at...
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