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Bangalore-based Prestige Group has partnered a global mall operator to float a 50:50 joint venture company. Irfan Razack, Chairman and Managing Director, Prestige Group declining to name the company, said, “We recently signed an agreement to float Read More...
There is a school of thought that says that if you are going to get something done properly, then you have to do it yourself. It is a principle at the heart of many a great business and it is one that Ramakrishna Karuturi knows well, one that this week Read More...
The race for retail space in Bangalore is turning chaotic. With rising income levels attracting both local and international retail brands, the city’s overall vacancy rate dropped to a historic low level of 0.3% between April and June, 2007, according Read More...
Bangalore based Realty major Sobha Developers Limited (SDL), has entered into retail space with the launch of Sobha Restoplus. The product would be manufactured in-house, at the Company’s 3,60,000 sq ft unit located in Bommasandra, Bangalore. The Read More...
The 2,500 sq ft Reliance Fresh outlets will offer its customers fresh fruits and vegetables, dairy products, FMCG besides the daily fare. Nearly 70 per cent of the carpet area in each of the outlets would cater to fresh fruits and vegetables which would Read More...
Bangalore:Nilgiri's, which last year was taken over by Actis, has entered eatery business by launching Masala Bread, a retails Brand that sells Indian and Chinese Breakfast, Lunch and Diner items, apart from traditional bread varieties and bakery Read More...
Hyderabad-based dairy products firm, Heritage Foods announed plans to set up at least 30 retail stories under the brand - `Fresh@` - by the end of 2007 in Bangalore, a part of it Rs 1.5 billion plan to invest in retail operations in South India, reports Read More...
New Delhi, India, February 21, 2007 - Bharti Retail (Pvt.) Limited, a wholly owned subsidiary of Bharti Enterprises, today announced the strategic roadmap for its retail operations in India. As part of its plans to provide a world-class retailing experience Read More...
The American Chamber of Commerce in India (AMCHAM) recently declared that retail, food processing and real estate were the emerging sectors in India that can attract American small and medium enterprises into the country. The chamber is working towards Read More...
The growing realty prices may see the world's biggest retailer Wal-Mart shifting from its global policy of owning its stores. According to sources, Bharti-Wal-Mart is exploring other models, including long-lease and rentals. Meanwhile, Bharti-Wal-Mart Read More...
Increasing wages and realty prices seem to be a serious concern for retailers in India. Considering the existing situation, Bharti group CMD, Mr Sunil Mittal, does not seem to be deterring his plans to open Walmart stores across the country including Read More...