RBI
Retail
Former RBI Deputy Governor joins Nestle India
Rakesh Mohan, former RBI Deputy Governor has joined Nestle India as an independent director.
He will be taking over his duties and responsibilities from May 1, 2016 onwards as an Independent Non-Executive Director.
Prior to it, he was on Nestle India's...
Retail
Inorbit Mall plans Rs.1k cr investment over next 3 yrs
Bullish on growth in the retail sector, K Raheja company Inorbit Mall plans to invest around Rs.1,000 crore over the next three years for setting up new centres in the west and south India , a senior company official...
Retail
Vishal Retail denies stake sale or strategic alliance report
Replying to the news item appearing in a section of media that a credit crunch has hit Vishal Retail hard, Vishal Retail said in a filing to Bombay Stock Exchange: "We are the country's second largest retailer. We receive...
Retail
Retail loans interest rates likely to rise
In a move to control inflation, the Reserve Bank of India (RBI) announced a 0.5 per cent hike in cash reserve ratio (CRR), whereupon interest rates on retail loans are expected to rise.According to an RBI release, it was...
Retail
Indian industry apprehensive over slow growth
Indian industry is deeply apprehensive about the slowing down of the growth momentum with the outlook for exports, investments, employment and profit taking a severe hit, says a FICCI survey.Business Confidence Survey (BCS) by FICCI revealed that the Overall...
Retail
IIJ to aid retail sector with trained manpower
Indian Institute of Jewellery (IIJ), an autonomous jewellery institute in the Asia Pacific region, announced the opening for admissions of its new course Jewellery in Organized Retail Management (JOR). The training programme caters to the jewellery retail and lifestyle...
Retail
Spencers Retail to launch IPO in the next 2 to 4 quarters
In a span of seven days, Spencer’s Retail has achieved headway by launching 40 stores across India. As part of their expansion plans, Spencer’s Retail Limited, part of the Rs 11,300 crore RPG group, is planning an investment of...
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Flipkart launches fulfilment centre in Patna
The 4.5 lakh square feet facility will support a network of over 6,600 sellers in Bihar and generate over...
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