Darshan Mehta, CEO, Arvind-VF Brands, mentioned that the company would love to have a revenue-sharing expansion model, but there is a scramble due to a dearth of good-quality malls.
Shrinking tariffs and falling handset costs have made Indian telecom subscribers the most pampered lot. Though it has resulted in a declining average revenue per user (ARPU) for service providers, they are not complaining as yet.
ICICI Bank will release Rs 100 crore (Rs 1 billion) over 5 years through Fabindia's subsidiary, Artisans Micro Finance.
In 2000, when Internet companies across the world were shutting shop, this start-up refused to join the crowd and continued with its operations despite the losses -- a move that defied conventional business logic at that time.
During the last financial year, Tirupur exported goods worth Rs 11,000 crore. This year, manufacturers fear they will fall short of the 20 per cent growth target.
With the Central Government making it mandatory for consumers to switch to CAS in select parts of major metros, Onida is planning to launch LCD televisions that have an embedded technology to encrypt digital signals.
Philips, the Dutch electronics company, has entered into a partnership with Swarovski, the Austrian cut crystal and jewellery manufacturer, to introduce consumer lifestyle electronics and fashion accessories for women.
Korean durable majors LG and Samsung have up the ante in the slim category of colour television market.
LG Electronics, the official global partner of the ICC Cricket World Cup, will be launching a limited edition of official 29-inch colour televisions in India.
The consumer durable companies such as Videocon, Samsung and Godrej may be aggressively expanding their own brand outlets
The Ruias of Essar have rejected an offer by the Aditya Birla group's Idea Cellular to acquire BPL Mobile's Mumbai circle, which lost heavily on its valuations due to the corporate battle between its shareholders.
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 Anil Ambani group company has tied-up with an online video networking firm, CrickeM.com, to enable customers to upload, view and share their cricket videos with the rest of the world.
India's 140 million mobile subscribers make missed calls to convey a pre-agreed message.
To ensure that consumers upgrade to higher end durables at a faster pace, market leader LG Electronics is launching an initiative soon.
UK-based premium menswear brand The Savile Row's ambitious India plans might prompt its Indian partner Forbes Gokak to reconsider the Indian strategy for another premium menswear brand, Daks London.
The increasing demand for branded clothes coupled with higher spending power has prompted branded apparel firms to set shop in smaller cities after due deliberations.
Hutchison Telecom is expected to complete the sale of its 67 per cent stake in the country's fourth largest telecom company, Hutchison Essar, before the Chinese New Year holiday, which begins February 17.
Though multinationals bring an added advantage of quality assurance and consumer trend of upgrading towards branded products, they will have to tread carefully as the grey market is dominant.
Popular domestic home appliances brand Jaipan Industries is planning to set up a manufacturing unit in China.
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