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Sensex reduces to four figures; Retail stocks plunge deeper

It was expected and it ultimately happened. Sensex is reduced to four figures after the benchmark sensitive index shed 398 points today. The Nifty too broke the psychological barrier of 3,000 and ended the day at 2943, down 122...

Sensex sheds over 500; Retail stocks remain red

Yet another bad day for markets. The 30-share benchmark index Sensex opened with a negative gap of 228 points at 10,455 following negative cues from the global markets. Unabated selling in every segment of the stocks saw the index...

India’s first sports city to intoduce sporting centre retailing

Retail in India is no more an option restricted to high streets and shopping malls. After succesful retail formats like platform retailing and airport retailing, the country is now gearing up for yet another innovative concept — sporting centre...

Sensex goes green but Retail stocks crumble

It was the start of the week and markets once again continued to be choppy. Positive cues from global markets coupled with RBI's announcement to cut repo rates by 100 bps to 8 per cent with immediate effect, provided...

Netezza to partner Shoppers Stop in data warehousing

Shoppers Stop, one of India’s premier retail chains with over 250 apparels and accessories brands, has chosen the global data warehouse and analytic appliances major Netezza Corporation to avail a comprehensive sales data analytics. The development is a part...

Market remains under pressure; Retail stocks in red too

Yet another bad day for the market. The Indian market had a choppy session today after it ignored the low inflation number that came in at 11.44 per cent this week and kept its eye on global headwinds.The benchmark...

Cellucom to open 500 stores in India by 2009

Cellucom, the Dubai-based premier distributor and retailer of mobility products, will open 500 new stores across India by the end of 2009.These outlets will cover the entire value chain in formats like stand-alone stores in malls and high streets,...

Aditya Birla Retail’s marketing head joins Tatas

Trexa, the mall management company of Tata Group's retail arm Trent and a global private equity firm The Xander Group, has hired Sanjay Badhe as its new CEO, according to sources. Badhe will be making the shift from Aditya...

Retail stocks roar as Sensex earns 801 points

If the last week was a complete fiasco, there is little to cheer for the investors on the start of this week. While the strong pullback rally caused the 30-share index Sensex to add 7.61 per cent to close...

Sensex breaches 11,000; Retail stocks under pressure too

Yet another black day at Dalal Street. The benchmark index of BSE ended up losing 800.51 points on Friday. The 30-share index closed at 10527.85, below 7.07 per cent. The 50-share Nifty was also not far behind. It was...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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