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Aditya Birla Group

Corporate sector finds an ally in Jyoti Basu

Year 2008 appears to have taken off on a good note for the retail sector as business found a strong supporter in veteran CPM leader Jyoti Basu, who came out strongly in favour of capitalism – close on the...

Aditya Birla Retail plans massive expansions

Aditya Birla Retail Ltd, the retailing arm of the Aditya Birla Group, is slated to take a massive leap with an investment of Rs 80 billion (over $2 billion).The plans include rebranding of the Trinethra grocery retail supermarkets to...

Madura Garments play the sub-branding field full throttle

Firms take branding very seriously – but only a minority see themselves as brand wizard. After creating ripples in the ready-to-wear market with brands like Allen Solly, Van Heusen and Louis Philippe, Madura Garments, a subsidiary of AV Birla...

Hemchandra Javeri joins Home Solutions Retail

Hemchandra Javeri, who recently relinquished his position as senior executive president of Madura Garments, has taken over as the chief executive officer of Home Solutions Retail, the home improvement and consumer electronics format of the Kishore Biyani-led Future Group.Javeri...

Retail pushes Mahindra stocks

The plans of automobile major Mahindra and Mahindra to foray into the retail sector pushed up its stock to Rs 814 ending 7.6 per cent higher with volume traded touching 6,67, 706 against two week average of 1,91,240.The company’s...

Indian retail will hope to find bigger opportunities and better clarity at IRF 2007

A few hours from now, the retail conglomerate of India as also from across the world, will sit, sip and dine together with one common aim – create opportunities, and chalk out a path for better access to the...

Bharti stores by middle of next year

Sunil Mittal-led Bharti Group in a statement said that they plan to open their first retail store in the country by the middle of next year. This announcement confirms that the company’s launch plans have been delayed, as the...

Magna on retail expansion spree

Siri Mahamart Trading Private Ltd, the promoters of Magna retail chain, is geared to set up shopping malls in Maharashtra, Orissa, Karnataka and Tamil Nadu in the next two years. The company is proposing a capex of Rs 400...

Aditya Birla Retail will roll out More this year

The US$24-billion Aditya Birla Group has declared plans to set up a 1,000-store retail network, minus any JV partnership. The expected investment outlay is Rs 9,000 crore over three years.Group Chairman Kumar Mangalam Birla said the stores will include...

Retail Industry – The Budget: Before and After – AT Kearney India

Retail Industry – The Budget: Before and After Raman Mangalorkar, Principal, AT Kearney India1. The Indian retail marketThe Indian retail paradigm is shifting with the emergence of new formats in the form of hypermarkets, supermarkets, and specialty and convenience stores. A...
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McDonald’s get clean chit from FSSAI for using authentic cheese

The verification confirms the brand’s assertion that it does not use any cheese analogues or substitutes in its products,...
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