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Kishore Biyani

Pantaloon turns Aadhaar into rural shopping mall

While consumers in big cities are spoilt for choice when it comes to shopping malls, towns in the hinterland are still waiting for the retail revolution to unfold. Envisaging the immense business potential in such smaller towns, Kishore Biyani's...

Pantaloon to raise up to Rs 1,000 crore

Pantaloon Retail, the country’s largest retailer, today said it plans to raise as much as Rs 1,000 crore by selling shares to investors through the qualified institutional placement (QIP) route.The company obtained its shareholders’ approval for its plans in...

“We believe in steady and profitable expansion”

HyperCity Retail India Ltd, part of multi format retailer Shoppers Stop Ltd, is high on its reasonably-paced expansion for at least three hypermarkets in the financial year 2009-10.Taking into account the recent market conditions, ...

“India can never lose its culture or costume”

With a view to providing an organised retail platform for Indian ethnicwear products at par with western brands in the country, Kishore Biyani-led Future Group recently opened the first store of its newly launched retail...

Pantaloon ends JV with Planet Retail, Blue Foods

Pantaloon Retail India Limited (PRIL) has decided to terminate its joint venture (JV) with Planet Retail Holdings. The company has also terminated its JV with Blue Foods, which runs restaurant chains such as Bombay Blue, Noodle Bar and Copper...

The next big thing for corporate retailers

For a retailer, it's all about what's good at the moment, to kickstart the retail game with. So, what is good at the moment? Mobile phones, it seems. Vishnu Rageev R rings up a few debutants and visionaries in...

The Online Bubble

Online retail has tremendous potential to work in favor of mainstream retailers, but to expect it to put the mainstream retail out of business is an exaggeration.There is a general notion that, in the years to come, online retail...

Pantaloon sales up 14 pc in May

Kishore Biyani-led Pantaloon Retail India has clocked over 14 per cent year-on-year sales growth in May from its value, home and lifestyle retailing segments against the year-ago period.The Future Group firm, which has chalked out ambitious expansion plans, also...

Future Group may list Future Venture

Kishore Biyani-promoted Future Group is considering an initial public offering for its venture capital arm, Future Venture India Ltd, to raise funds for the group's expansion plans.Some decision in this regard is likely to be taken within the next...

Retailers seek abolition of service tax in budget

Retail companies in the organised retail sector want the government to take a series of initiatives in the forthcoming budget that would boost consumption and have sought ‘industry status’ as well as abolition of the service tax to beat...
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12% of workforce in QSR space earns less than the minimum wage threshold: Report

The average salary of 88% of the workforce varies between Rs 15,000 - 20,000, while around 64% of the...
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