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V-Mart Retail to double presence with IPO proceeds
New Delhi-based departmental store operator V-Mart Retail plans to double its number of outlets with the help of funds raised from its initial public offering, a top company official… Read more
McDonald’s India franchisee mergers with listed Indian parent
According to news reports the privately-held franchisee of McDonald’s Corp. (MCD) for south and west India has planned to merge with its India-listed parent. The move comes as the fast… Read more
Apollo to invest Rs 2,400 crore for expansion
Apollo to invest Rs 2,400 crore for expansion CHENNAI: Country’s first corporate health-care provider, Apollo Hospitals, is ramping up its presence as it lins up investments of Rs 2,400 crore… Read more
Foreign Investors buy 55lakh shares of Pantaloon Retail
Foreign fund houses Goldman Sachs Investments Mauritius and Morgan Stanley Asia (Singapore) Pte buyed up a total 55 lakh shares of Pantaloon Retail for Rs 144 crore.The transactions occured after… Read more
Reliance Retail to violently grow cash and carry format
Buoyed by growing demand and good response Mukesh Ambani-owned Reliance Industries in its third quarter financial results said its revenue from the group’s retail arm grew by over 44… Read more
Aptech entering into Nepal territories
Aptech, a premium IT education institute, has entered into Nepal through the franchise route. The company has stated it has signed a master franchisee partnership for Nepal to provide… Read more
V-MART RETAIL raises Rs 26.25cr Via pre-Initial Public Offering(IPO) placement.
The V-Mart Retail Limited raised Rs.26.25 crores through the pre-Initial public offer placement of 12.5lakh shares at a price of 210 per share.”The company has made a pre-IPO placement of… Read more
HCL Infosystems In partnership with Big Bazaar
The education and learning division of HCL Infosystems,HCL LEARNING, has announced its new partnership with Big Bazaar offer HCL Learning products in their respective stores across the country. It aims… Read more
FDI towards the retail sector,”Grocery and apparel being the favourite of MNC’s”-says Deloitte
According to one of the report by consulatancy firm deloitte,it says,as per the policies for FDI the two most favourable retail segments for investment are grocery and apparel. senior Director… Read more
British shoe retailer clarks to expand store in India
British shoe retailer C&J Clarks International has plans to expand the number of standalone stores in India to 100 in the next five years.The company believes strongly in the growth… Read more
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