With the Government allowing foreign participation in retail, this opens up opportunities for local companies to access cheaper foreign capital which will allow them to simultaneously build front end retail space as well as back end infrastructure. While the proposal is cleared now, it will (more…)
Month: November 2011
TTK Prestige Rides on Tier – 2 /3/4 Cities Boom
The Inflationary Pressure in the Indian Economy is taking its toll on the Consumption of Consumer Durables. For instance, consumer products like fans have seen a drop in sales momentum. In this context, we have tried to find out how the sales of small consumer products like cook-ware and kitchen appliances is holding (more…)
Titan Gets Favre Leuba on Time
Titan has signed a binding agreement with Spain’s Valfamily S.L. and Switzerland’s Maison Favre Leuba, S.A. for the acquisition for Favre Leuba for ~INR138mn with no royalty charges. The transaction will give Titan the global rights to trademarks (more…)
Best Price Modern Wholesale – Lucknow Sushant Golf City
Bharti-Walmart operating in India in the Cash & Carry Segment opened Best Price Modern Wholesale Store in Sushant Golf City, Lucknow.
This is Bharti-Walmart’s first cash and carry store in Uttar (more…)