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Raheja Group

Big box formats, tier II cities to drive retail real estate in 2019

The journey of shopping centres and malls in India is not very old. In fact, it is yet to even celebrate its silver anniversary. But then the market has matured at a rapid rate. It has seen its fair...

Shoppers Stop may sell Hypercity to Future Retail for Rs 700 crore

Raheja Group’s multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

Kishore Bhatija

MD & CEO Inorbit Malls India Pvt. LtdA Chartered Accountant by profession, Mr. Bhatija brings with him rich work experience to Inorbit Malls. Now, poised at the helm of the ambitious Inorbit Malls ship, Mr. Bhatija’s sheer commitment and perseverance...

Virtuous Retail Appoints S Raghunandan as the CEO

The Xander backed, Singapore headquartered,Virtuous Retail has announced the appointment of S Raghunandan as the Chief Executive Officer of its Indian subsidiary, Virtuous Retail Services. Raghunandan, with over 30 years of experience, was last associated with the Prestige Group...

Shoppers Stop Records Net Profit of Rs 17.3 Crore in Q3 FY 14

Shoppers Stop Ltd (SSL), an Indian retail group (operator of large format department stores, home stores, specialty stores like Crossword, Mothercare, M.A.C, and hypermarkets) has reported a gross retail turnover of Rs 787.5 crore for the quarter ended December...

Pune gets its third Globus store

Fashion brand Globus has launched its third store in Pune at Koregaon Park Plaza mall after opening stores at Inorbit mall and Pacific mall in the city. Spread over 10,000 sq.ft., the store stocks apparel and accessories for young...

Beyond Squarefeet opens Mall Management company

Beyond Squarefeet, a mall advisory company, has opened a new Mall Management entity called “Beyond Squarefeet Mall Management” headed by Sanjay Prabhu. The new company will focus on professional Mall Management sector in the country considering the number of...

Shoppers Stop to open 24 stores in India by FY14

Buoyed by rapid growth in the retail industry, K Raheja Group-owned Shoppers Stop plans to open 24 stores in the country by FY14, a senior company official said."We plan to open 24 new stores in the next three years....

HyperCity to invest Rs.40 crore on expansion

K Raheja Group-promoted hypermarket chain HyperCity is set to expand its footprint in India. HyperCity will launch its 76000 sq.ft store in the upcoming MARG Junction Mall, Chennai.In an exclusive interaction with IndiaRetailing, Mark Ashman, CEO, HyperCity Retail (India)...

HyperCity expands in Bangalore

K Raheja Group-promoted hypermarket chain HyperCity has expanded its presence in Bangalore by opening its second outlet in the city. Located at Royal Meenakshi Mall on Bannerghatta Road, the new store is spread across 60,000 sq.ft and offers over...
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Brigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build malls, offices, homes among other things

In Chennai, Brigade Group has already completed over 5 million square feet across residential, office, hospitality and retail real...
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