With his Mumbai sojourn,Wal-Mart Vice-Chairman Michael Duke gave enough signals that Wal-Mart is testing waters before it actually enters the organised retail in India.
To begin with, Dawnay Day has entered into a joint venture with a Bangalore-based family to develop a mixed property development including office and retail on 16 acres with an investment of Rs 400 crore.
However, Misra added that Vodafone will need to follow this transition up with a highly visible multimedia campaign in the initial two months. "This will instill confidence among consumers that their brand is in the right hands," he said.
Small- and medium-sized realty firms are scouting for private equity funds to finance forthcoming projects as bank funds have dried up following concerns over high credit growth to the sector.
Bonino told Business Standard that the Italian delegation, which included almost 400 top Italian CEOs, was extremely bullish on enhancing business ties with India.
The Tata group is looking to spin off its bottled water business into a separate company.
As Videocon expands its presence in consumer durable retail, the company has followed it with the launch of its private label under the Next brand.
The Videocon Industries-led consortium has submitted a revised bid to the creditors of Daewoo Electronics for buying their stake in the South Korean electronics major.
In the last month and a half, Danone has announced initiatives in China, Japan and Thailand, indicating a significant role played by Asia in the gameplan of the Euro13 billion dairy major.
The market for medium price segment flats, in the price band of Rs 40 lakh (Rs 4 million) to Rs 90 lakh (Rs 9 million), is tapering off in the major suburbs of Mumbai.
Ad agencies JWT, Ogilvy and Grey International have more than a parent in common. In India, at least, executives from these agencies fly the same airline, stay in the same hotel chains or send documents through the same courier company.
Having almost sealed a JV with coffee chain Starbucks and fast food chain Burger King for a possible alliance, retail major Pantaloon is eyeing the apparel space.
Earlier, there were reports about Pantaloon tying up with the Seattle-based coffee chain Starbucks for its India foray.
Food and grocery retail chain Spinach wants to leverage on the strength of local kiranawalas for growth.
Top agencies JWT and Ogilvy are conspicuous by their absence from the list of agencies picking up the maximum business in 2006, even as those like Euro RSCG and Grey Worldwide have made a comeback.
The company has lined up exclusive outlets, international brands and expansion of production capacities for exports.
The National Readership Study and the Indian Readership Survey, the two primary readership surveys in the country, may make way for a common survey.
The UB group may introduce a format of lounge bars where it will sell multi-branded merchandise and invest nearly Rs 8-10 crore (Rs 80-100 million) in each of the stores.
Confessing to thinking in Hindi, porters, truck drivers and chauffeurs have inspired him to create award-winning advertisements.
Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore
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