Global Retail Giants Rush to Bangalore International Airport
Nuance has combined with the Rahejas-owned Shoppers’ Stop for all the five packages on offer in retail and Food and beverage in Bangalore Airport.
The retail and duty-free opportunity at the upcoming Bangalore International Airport now has a shortlist of five global and domestic stars each for two sections – retail and food & beverage – according to the BIAL Chief Commercial (more…)
RIL to bail out Reliance Petrol Retailers
Reliance Industry finally has chalked out a bail out package for its petrol retailers. Retailers now have the option of suspending operations by getting (more…)
Pantaloon and Reliance Retail negotiations an eyewash
Mukesh Amabni’s Reliance Retail officials met, Kishore Biyani, founder and CEO of Pantaloon(Biz Bazaar) retail chain.
No, they weren’t discussing a joint venture or an acquisition. Rather, the agenda was how Pantaloon and Reliance could carve out their own huge spaces in the retail sector, avoid head-on competition, and thereby jointly take on the multinational retail giants once they get the green signal to set up shop in India. Biyani was the sole Pantaloon representative in the discussions, while (more…)
Nita Ambani to Mentor Reliance Retail
Nita Ambani, wife of Mukesh Ambani, Chairman of RIL and Reliance Retail will be the (more…)
Reliance Retail to be Wal-Mart of India ?
Rising fuel prices and real estate costs in India has not dithered the ambitions of Reliance group chairman Mukesh Ambani. Unable to withstand local competition, Wal-Mart recently pulled out of Germany. Wal-Mart is still studying the viablity of retailing in India.
Reliance started its Retail venture by opting to manage a chain of retail stores (more…)