ICICI Bank

India Retail Forum (IRF), arguably the country’s largest congregation of retail minds, has a new chairman on board. The Forum, for the year 2008, will see R Subramaniam, the managing director of Subhiksha, control its reins.Handing over the charges...

Ratings agency CRISIL said that Indian retail loan quality has deteriorated with rising interest rates, and some lenders could suffer significant losses.The agency expected gross non-performing retail loan assets to increase to around four per cent of total retail...

The business of retail, in the week gone by, was quite similar to those peace marathons that are organised by telecom companies. Marathons where celebrities, top businessmen, housewives, kids and laymen aspiring for some fame, along with the professional...

Providing banking facilities and credit line to traditional or unorganised retailers in the country remains one of the major focus areas for ICICI Bank this year.Speaking on the sidelines of the Retail Estate Summit, organised by the Indian Chamber...

PVR, one of the country’s largest multiplex chains, has sold its stake worth Rs 120 crore in its production and distribution unit to JP Morgan Global Special Opportunities Group and ICICI Venture Funds Management Company.Announcing this, Ajay Bijli, managing...

The service of outsourced manpower, which the retail sector in the country employs, is likely to be relieved from the service tax barrier.The high level group on service sector, constituted by the Prime Minister, has recommended that assessment of...

Boston Consulting Group (BCG), an advisory firm on business strategy, has included Indian retailer Subhiksha in its list of ‘world's top 50 local dynamos'."The consistently better value that we offer to our customers, coupled with a no-frills approach and...

In defiance of a market crisis, wherein many majors are withdrawing their initial public offers, Chennai-based retailer Subhiksha is determined to float the Rs 500-crore IPO in the first quarter of FY 2008-09.Confirming the news to Indiaretailing, R Subramanian,...

Even as India Inc's shareholder base shrunk amid concentration of large holdings in hands of big investors like promoters, foreign institutional investors (FIIs) and high net worth investors (HNIs), those of numerous blue-chip companies led by Reliance group saw...

The bull run which saw the sensex touching a record 20,000 mark has not impacted on the shares of retailers listed on the stock exchange but it would boost earnings of the organized retail sector as it has put...