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Kishore Biyani

Subhiksha head honcho is IRF’08 chair

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...

Future Group achieves single-day sales of Rs 100 cr

Future Group has acheived sales figures worth Rs 105 crore on the last day of its much-publicised `Mahabachat Ke 5 Din’ promotional campaign. The sales were achieved from its retail operations across its formats in India on Sunday.The turnover...

Future Group to become mobile operator franchisee

Kishore Biyani-led Future Group has said that it will invest around one billion rupees to enter the mobile-services space as a franchisee for network operators, and is in talks with several firms for a potential launch next year.Confirming this...

Pantaloon board approves DVR bonus issue

The Board of Directors of Pantaloon Retail India Limited (PRIL) have approved a proposal to provide shareholders with one bonus share with different voting and dividend rights for every 10 shares held.The new shares, called Class B shares, will...

Scenery: July 14-19

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...

Future happy with Mallassurance biz

The Kishore Biyani-led Future Group has said that its decision to retail insurance policies through modern retail outlets and malls is reaping huge benefits as the company is successfully tapping the potential insurance customers there."By introducing insurance products to...

Future Group plans 75 Foto Depots

The Kishore Biyani-led Future Group has introduced a photo-retailing format called Foto Depot, and plans to open around 75 stores by the next year.Confirming this, Preeti Vyas, business head, Depot, said: "Our idea is to open around 75 such...

Learning programme from Future Group

Kishore Biyani-led Future Group has planned to introduce 'learning programme' for its employees by September this year. Named Future Learning and Development, the programme is also open for employees of other companies.Announcing this, Pantaloon Retail (India) Limited's chief human...

Retail last wee(a)k

Last week, the business of retail saw its operators discussing some ‘weak points’ that are holding back the growth of modern retail formats. Indiaretailing re-read its own sections and found industry experts speaking about various obstacles and problems in...

Javeri quits Home Solutions; company may merge with Big Bazaar

Hemchandra Javeri, chief executive officer, Home Solutions Retail India Ltd, the home furnishing and electronics retail arm of Future Group, has quit the company within less than a year of joining it, even as it is reported to be...
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Raymond has plans for opening stores in temple towns: CBO Debdeep Sinha

Debdeep Sinha chief business officer for apparel at Raymond Ltd. speaks about the company’s expansion plans, Raymond’s propriety fabrics...
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