Bharti Group

Retail

Bharti Group entity sells Future Retail stake worth Rs 1,697 crore

Indiaretailing Bureau -
Sunil Bharti Mittal's Bharti Group on Thursday sold more than half of its stake in Kishore Biyani's Future Retail for nearly of Rs 1,697 crore, through open market transactions. According to a PTI report: Bharti Group entity Cedar Support Services...
Progressive Grocer

Carrefour to Exit India; To Close Five Stores

Progressive Grocer Bureau -
French retailer Carrefour plans to exit India by closing five of its stores in the country, according to a leading daily. The store closure will bring an end to the retailer's four-year stint in India. In a company statement,...
Retail

Carrefour to Exit India; To Close Five Stores

IMAGES Retail Bureau -
French retailer Carrefour plans to exit India by closing five of its stores in the country, according to a leading daily. The store closure will bring an end to the retailer's four-year stint in India. In a company statement,...
Retail

Bharti Group in talks with Carrefour, Aeon to form JV

Indiaretailing Bureau -
Mobile operator Bharti Group is in talks with two global retail chains — French major Carrefour and Japan's largest retailer Aeon — for forming a new joint venture with one of them, according to media reports. According to the report,...
Retail

Wal-Mart Sets Up New Company in India

Indiaretailing Bureau -
Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner according to PTI. The American retail major and Bharti Enterprises decided to part...
Retail

Walmart wants to invest in Bihar: Sushil Modi

Indiaretailing Bureau -
Even as the Centre is considering a calibrated roll out of foreign direct investment in multi-brand retail in large metros, the world’s largest retail chain —Walmart — has expressed interest in investing in Bihar. “Last week, people from the...
Retail

Wal-Mart looking to open 40 more stores: Sharma

Indiaretailing Bureau -
Wal-Mart Stores Inc, the world’s largest retailer, plans to open 40 more cash and carry stores in the country, the Commerce and Industry Minister, Mr Anand Sharma, said here today. In India, Wal-Mart has a wholesale joint venture with the...
Retail

Wal-Mart cash-and-carry in Ludhiana by June

Indiaretailing Bureau -
The US-based retailing giant Wal-Mart will start cash-and-carry business in India by opening its first distribution centre in Ludhiana by June this year. “The 80,000 square feet distribution centre will be our first business initiative in India, and is likely...
Retail

FDI in retail sector

Indiaretailing Bureau -
Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...
Retail

Trade bandh sets in with Bharti and Wal-Mart tie-up

Indiaretailing Bureau -
Siblings Sunil Mittal and Rajan Mittal of Bharti Group assured many a times that the Indian format of Wal-Mart would help the existing hawkers, retailers, wholesalers and vendors to flourish. However, those promises do not seem to be making...
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Big GridSandeep Kumar -

The Growing Urban Sprawl is likely to Spread Beyond Tier I Cities in 2023

Apart from the Tier I cities, the ten key cities which saw retail and real estate development were Chandigarh,...
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