Joint venture
Retail
Gitanjali Gems forms JV with MMTC
With reference to the earlier announcement related to signing of memorandum of understanding with MMTC Ltd (MMTC), one of country’s leading international trading company, Gitanjali Gems Ltd has announced that it has executed a tripartite share purchase agreement with...
Retail
Bharti Wal-Mart’s C&C stores named BestPrice Modern Wholesale
Bharti Wal-Mart, a joint venture between India's Bharti Enterprise and Wal-Mart Stores of the US that operates wholesale, cash-and-carry and back-end supply chain management operations in the country, has named its stores as BestPrice Modern Wholesale.The first store of...
Retail
Kyndal to take JV route to bring in foreign brands
Leading liquor distribution company Kyndal India will take the financial joint venture route to launch key foreign brands in the category, reports Business Line. The company’s managing director, Siddharth Banerji, quoted in the report that the company will enter...
Retail
Tata Fiat unveils Fiat Linea; to open 150 stores by FY 09
With an effort to increase its retail strength in India, Tata-Fiat joint venture plans to roll out around 100 to 150 outlets under the brand name Tata Fiat. Following this, the alliance launched the Italian-styled Fiat Linea in the...
Retail
Celio* unveils iPod suits
France-based brand of masculine ready-to-wear segment Celio* has launched iPod suits in India. The hi-tech jacket is integrated to play iPod without touching it. This connection is composed by a remote control to the left inside of the jacket,...
Retail
Puma signs JV with Knowledge Fire for retail biz
In an effort to set up retail stores in India, Germany-based high-end lifestyle brand Puma is setting up a JV with RGN Swamy owned knowledge Fire. In the proposed JV, Puma will hold 51 per cent stake and will...
Retail
DLF Brands to open 600 stores by 2012-13
Retail management subsidiary of KP Singh-led real estate major DLF, DLF Brands, is planning a major expansion. In a new development, the company unveiled its aim to have 600 stores by 2012-13 with an investment of Rs 7.5 billion....
Retail
Godrej SCA becomes Godrej Consumer’s 100 pc subsidiary
Godrej Consumer Products Ltd (GCPL) has announced the acquisition of the remaining 50 per cent stake in Godrej SCA Hygiene Ltd from its joint venture partner SCA Hygiene Products AB, Sweden.After the annoucement, the JV owner of the Snuggy...
Retail
Pantaloon Retail divests stake in JV with Alpha Group
India's leading retailer Pantaloon Retail, a flagship enterprise of Future Group, has divested its holding in its 50:50 joint venture with British airport retailer, Alpha Group Plc, according to a company filing to Bombay Stock Exchange.Further the company also...
Retail
Big Apple announces five upcoming malls
Big Apple Real Estate Pvt Ltd, country's leading retail-led real estate developer, has announced five of its upcoming malls including Phoenix United, which will be operational by September 2009 in Lucknow, Uttar Pradesh.The company, a joint venture between Lucknow's...
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Travel brands Icon secures seed funding
The funding was led by DSG Consumer Partners with participation by a host of angel investors
New Delhi: D2C luggage...
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