competition

SBI looking to add an ICICI Bank to its kitty

SBI looking to add an ICICI Bank to its kitty
To prepare itself from the threat of increased foreign competition post 2009 and need for capital for expansion, State Bank of India has kicked of a process to merge its 7 associate banks in itself.

Domino’s Pizza expanding, to concentrate on Dine-in

Domino’s Pizza expanding, to concentrate on Dine-in
Traditionally a quick service restaurant, Domino’s Pizza is expanding its base in India by opening 500 outlets to add to its current tally of 156 outlets, across 50 cities in India by 2011 with an investment of Rs.1,000 crore.

Spencer’s Retail on course to expand rapidly

Spencer’s Retail on course to expand rapidly
RPG Group’s Spencer’s Retail, one of the early entrants in Indian retail business, is on an expansion spree to take on its peers. The company is planning to invest Rs.3500 crore in its retail business during the next 3 years and also come out with a Rs.1000 crore IPO by next year.