Delhi Airport has reduced the minimum annual guarantee paid by duty-free operator, Alpha Future.
Kishore Biyani-promoted Future Capital Holdings has received the regulatory go-ahead from Sebi for its initial public offer, estimated to raise between Rs 400-500 crore (Rs 4-5 billion).
At the moment Concor, a public sector company controlled by the railways, has a monopoly in running container trains across the country. It offers ferrying rates to carry containers that are one-third of that on roads.
Sky-high rentals are forcing retailers to explore new ways to stay afloat. Many have done the obvious thing by shifting to cheaper locations or simply downing their shutters. But others are renegotiating deals with developers to ensure business sustainability. New deals like longer "rent-free" periods, no "lock-in" clauses in agreements and revenue-sharing deals with developers are becoming common.
The issue will carry a small price band to make it affordable to the retail investor. The company will issue 3,736.15 million shares.
International coffee chain Starbucks will send a revised application to the department of industrial policy and promotion for an entry into the Indian market.
Retailers are all set to cash in on R-Day's festive feel with attractive offers and discounts.
The company's first apparel store will be launched in Gurgaon in October with 22 in-house retail brands and a team of 76 designers tapping the men, women and kidswear segment.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Future Cap's IPO was subscribed 8 times over on the second day of is issue.
Future Capital IPO was fully subscribed within four hours of its opening. The company is expected to raise Rs 490 crore through the IPO.
The facility will be available at four of Future Group's Big Bazaar outlets in Mumbai. Cleartrip will soon extend this tie-up to other Big Bazaar outlets in the city as well as other metros.
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
India's retail giants, including Kishore Biyani's Future Group, Mukesh Ambani's Reliance Retail and Sunil Mittal-promoted Bharti group, have started negotiations with the railways for leasing land for retail development.
12,000: Number of people Flipkart plans to hire in FY15.
Narayanan's strategy of building exclusive brands for Myntra has been a success as well, and more such brands will be added to the portal's offering in the future
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.
Future Group, the Rs 2,000-crore (Rs 20-billion) Indian retail giant, is set to invest close to Rs 400 crore (Rs 4 billion) over a period of three years to revamp its IT infrastructure.
Also, incremental demand is expected to rise by 10 per ent over the next five years.
Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.
With inauguration of Tumkur food park, he has ambitious plans in the segment.
Durable retailers have lined up a series of offers to lure customers during Christmas and New Year's eve
UK-based Alpha Airports and Future Group's Pantaloon Retail have won a contract valued at Rs 500 crore (Rs 5 billion) to set up duty-free shops at Indira Gandhi International Airport in New Delhi.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
The investments include the supply chain, but exclude real estate component.
Footfall at malls are down 20-25 per cent in the past couple of years.
Reliance, Bharti's response to Ahmedabad's space crunch.
Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.
The company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
Even as India Inc lines up billions of dollars to invest in the country's retail sector, murmurs have arisen of fuzzy revenue models and a possible capacity glut.
Money is not a problem for us but we have to raise it judiciously in view of our aggressive plans.
Venturing into the outdoor media business, Kishore Biyani's Future group, with retail brands such as Pantaloon, Big Bazaar
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
According to sources, the directorate has sent a letter to Flipkart on the basis of complaints received after the Big Billion Day sale on October 6.
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
Online biggies and global retail giants are working on being omnipresent in both the virtual and the real world to see what helps them get the numbers, says Karan Choudhury.
No financial details were disclosed.
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Dismisses speculation that he would launch a major e-commerce initiative soon.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
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