Tesco has admitted that its plan to be the first multinational supermarket retailer in India has unravelled.
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.
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.
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.
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.
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
Amid the noise around multinational retail chains queuing up to enter India comes a calming revelation. According to management consultancy firm A T Kearney, not all retail biggies continue in the new markets that they enter.
The investments include the supply chain, but exclude real estate component.
With the first Dell personal computers going on sale in Wal-Mart Stores in the US and Puerto Rico, the $56 billion company is reportedly planning to sell its PCs through retail stores in Asia (including India) and Australia.
The New Year could well end up being the year of organised retailers.
At a skunk works in Seattle, Boeing engineers look to Wal-Mart, Disney and Starbucks for ideas.
The US retailer hopes to triple its sourcing from India by 2010 and touch the $1 billion mark. The retailer has been running a sourcing operation, Target Sourcing Services/AMC, in India since 1975.
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.
Our focus is on the best price, the best experience and the best quality.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
With more than 60 per cent of the country's 109 crore population concentrated in rural areas, companies do not want to miss the growing business opportunity.
Domestic IT services company Paradyne Infotech is in the final stages of acquiring a US-based software services company with a turnover of around $10 million in the last financial year, a source said.
200 hypermarket and large format stores by 2010.
Check the Fortune 500 listings, and you will find that the largest companies in the world tend to be in five or six key businesses: energy, automobiles, telecom, IT, banking and retailing.
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.
After creating a niche in the inter-city bus mart, luxury bus maker Volvo is now targeting the city-bus segment, bagging the first order in Bangalore.
China has become a major supplier of the world's merchandise as approximately $60 billion worth of goods are set to be purchased this year by multinationals like Wal-Mart.
Among the countries taking part are the United States, the United Kingdom, Australia, Germany, Russia, China and Spain, while the companies include Microsoft, Intel, AMD and Reliance.
Indian exporters undertaking supplies to global retailers like Wal-Mart and Metro will be required to affix the electronic product code tags on their consignments from the beginning of next year.
