Bad time in retail – Kishore Biyani senses opportunity in restructuring

13 mar 2009

Future Group, faced with topline and bottomline pressures is thinking otherwise. The recent easing of FDI norms has prompted the company to undertake a major retructring exrcies to unlock the hidden value in its various formats.

Aziz Premji picks stake in Subhiksha, fuels rumours of sell out

06 sep 2008

After picking up a 10% stake in Subhiksha for Rs.230 crore, Wipro’s Aziz Premji may have created speculation that Subhiksha promoters are looking for an exit owing to its astronomical valuation of Rs.2300 crores.

Retail in news

29 jun 2008

Over the weekend, there were lot of happenings centered around the retail sector. With news, announcements and plans coming up of various players. Here is a snapshot of all. Future Group is restructuring its Big Bazaar operations by splitting it into two entities.

Reliance Industries to setup a real estate fund for retail projects

19 may 2008

Making its foray into real estate and hospitality sector to derive synergy from existing retail operations, Reliance Industries has setup a $1bn real estate fund with Vornado Realty Trust to develop malls and highway shopping centres in India.

Reliance to use petrol pump space as highway malls

12 may 2008

After taking a beating in its front-end petroleum retail venture, Reliance Industries is planning to convert the closed outlets into malls and multiplexes. Of the 1432 outlets closed, 500 are company owned and rest dealer-owned.

Reliance Industries faces further front-end failure, to close its petroleum retail chain

24 mar 2008

Reliance Industries is bearing the brunt in its last mile retail operations yet again. Fresh from its less than expected results in retail operations and ‘Reliance Fresh’ controversy, it is shutting its much popular petroleum retail outlets across India.

Why a partnership between Carrefour and Reliance Retail makes sound business sense?

06 jan 2008

After its decision to pull back from Indian market, Carrefour had planned entry with various partners such as DLF, Parsvnath and ADAG but nothing materialised till date. However after the Bharti-Wal-Mart deal, world’s third largest retailer would not have shyed away from the growing Indian market.

Bharti to adopt telecom experience for foothold into retail

24 dec 2007

Bharti Retail is following its tried and tested model of acquiring small companies to kickstart its retail operations. Its much awaited retail stores in partnership with Wal-Mart are due to open in early 2008.

Reliance team up with Citigroup for consumer finance foray

14 oct 2007

To complement its grand retail plans, Reliance Retail is setting up an NBFC with focus on credit cards and loans in a JV with Citigroup. Citi is likely to hold the major stake and total investment pegged is Rs.

Reliance Retail to open iStores for selling Apple products

08 oct 2007

Reliance Retail through is consumer electronic chain Reliance Digital would be opening exclusive standalone iStores selling iPods, Macintosh computers and iPhone (once it is launched in India). Reliance has made an exclusive marketing and distribution deal with Apple for these stores.

Technology, Software and Internet

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