Bharti Group

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

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...

Carrefour to Exit India; To Close Five Stores

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,...

Carrefour to Exit India; To Close Five Stores

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,...

Bharti Group in talks with Carrefour, Aeon to form JV

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,...

Wal-Mart Sets Up New Company in India

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...

Walmart wants to invest in Bihar: Sushil Modi

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...

Wal-Mart looking to open 40 more stores: Sharma

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...

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

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...

FDI in retail sector

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...

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

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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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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