When French Retailer Carrefour enters the Rs 1,200 crore (Rs 12 billion) cash and carry segment in 2009, it would face tough competition from established players such as Germany's Metro, Bharti-Wal Mart, Reliance, Pantaloon, Wadhawan Retail and others entrants like Tesco and Costco.
Riding high on the retail boom in India, Bharti Retail on Wednesday opened its first store in Ludhiana.Meanwhile, the Bharti-WalMart joint venture is likely to kick off its cash and carry (wholesale) business in the third quarter of this year.
'We can go with smaller ensembles -- even 15 or 20 creations from a designer.' 'We are keeping the focus squarely on quality over quantity.' 'India Couture Week is, after all, about the best of the best,' FDCI Chairman Sunil Sethi tells Veenu Sandhu
Today's Writing Products is entering retail of office supplies and stationery products with 500 retail outlets.
'Around the same time, I watched Rock On!! where those guys have that midlife crisis.' 'They are busy with their corporate jobs and then they want to start singing again.' 'Seeing that, I got a boost.' 'I felt if I don't give acting a full chance again, I will regret it.' 'So I decided to quit my job and pursue acting full time.'
Spectrum Retail Mart, a retail chain of medical stores and fast moving consumer goods, has set up shop in Mumbai with an initial investment of over Rs 90 crore (Rs 900 million).
The company feels that it has the first mover advantage and is now gearing up to face the competition by consolidating its presence through rapid expansion.
Pointing to the 'dangers' in the opening up of retail sector to multi-nationals and big Indian companies, traders in Kerala are gearing up to launch an agitation, if necessary an 'armed struggle,' to prevent their entry.
Aditi Nadkarni looks at the funnier side of life as an immigrant.
India's Sunil Mittal has been adjudged Asia's Businessman of the Year by prestigious US magazine Fortune for steering his telecom business in the world's fastest growing wireless market.
It is essentially a Christmas 'Made in India' that the western world is celebrating this year!
India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets.
England beat Estonia 3-0 in a one-sided Euro 2008 Group E qualifier at Wembley Stadium on Saturday.
The way the story went, customers would get dramatically lower prices for everyday groceries (something that takes up 45 per cent of the household budget) and farmers would earn at least a third or more as big retailers began procuring from them directly. But none of this has really happened, and may not either.
A sector that was to have created millions of new jobs in the country is reporting job losses before it even gets under way.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
As companies open the floodgates for corporate social responsibily projects, it means a new source of funds for many NGOs who are being hired to do the good things the companies want to show in their portfolios.
Gold pries surged to a record high at Rs 11,840 per 10 gram on Monday owing to brisk buying by major market players, who were enthused by firming global trend, and some investors' shifting focus from melting stock markets to the bullion mart. The market remained in bullish mood with gold remaining on record-setting spree as investors shifted a part of their funds from weakening stock markets to gold as the metal offers a safe haven for investments, traders said.
Despite the onslaught from big retail chains, small kirana shops could get a lifeline from the Indian Institute of Packaging.
Bharti Enterprises, which has announced join ventures with US giant Wal-Mart for its retail foray, said that the rising real estate prices could hamper the growth of the organised retail industry in the country.
GE Money India said on Monday it is talking to big retailers including Bharti-Wal-Mart and Reliance for offering credit programmes such as the private label credit card it has provided to Tata Group.
The commerce and industry ministry has informed the Prime Minister's Office that the Bharti Group has conveyed to the government that its joint venture with Wal-Mart was in compliance with the existing FDI policy.
Sunil Mittal, chairman & group managing director of the Bharti group, is Business Standard's CEO of the Year for 2005-06.
When the 60,000 sq ft Brand Factory mart in Bangalore, the Future Group's factory-surplus format which stocks 145 brands across lifestyle categories, notched up its millionth customer in less-than-a-year, the company knew it was on to a good thing.
Apple Pay also faces competition from Merchant Customer Exchange (MCX) - a consortium of retailers including Wal-Mart and Best Buy - which is developing its own mobile payment platform.
Reliance Retail, already creating ripples in the organised domestic retail market, is poised to acquire smaller rivals in order to take on serious competition from the likes of Bharti-Wal-Mart combine.
While Bharti's retail stores will be fully Indian, they will be able to take advantage of the tremendously low prices and technology advantages that Wal-Mart will bring to Mittal-Mart's sourcing.
Tesco has admitted that its plan to be the first multinational supermarket retailer in India has unravelled.
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
Professor of marketing at London Business School, Nirmalya Kumar knows marketing like the back of his hand and, therefore, made a scintillating presentation 'Winning at Retail' at Mumbai's the Taj Mahal Palace and Tower Hotel on Wednesday.
The company reportedly in talks with a dozen firms overseas for an acquisition.
Reliance Industries chairman Mukesh Ambani, equipped with a war chest of an estimated Rs 100,000 crore (Rs 1000 billion), is understood to be on a global hunt for acquiring a retail giant of the size of Wal-Mart or Tesco.
After having depended largely on direct online marketing since 1990s, Dell's personal computers are now on sale in Wal-Mart stores in the US and Puerto Rico.
India has emerged as one of the the hottest global tourist destinations in Asia bagging most of the prizes by prestigious World Travel awards.
India made a couple of changes, with Dinesh Mongia and Mohammad Kaif replacing S Sreesanth and Yuvraj Singh respectively.
The Libertadores Cup derby between Boca Juniors and River Plate was called off at halftime on Thursday after River players were sprayed with an irritant by a fan of their bitter rivals.
Steve & Barry's, one of the fastest-growing retail chains in the US, is planning to set up shops in India and China.
Bharti Group, which has joined hands with industry leader Wal-Mart for a foray into
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