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Railway budget 2011 : Mamta didi

RAILWAY BUDGET HIGHLIGHTS Mamata apologises for missed targets. Will do better this year, she promises. No changes in fares As expected, West Bengal gets priority in Mamata’s railway budget. Senior citizen concessions for women start at age 58 instead of 60. Senior Citizen concession raised to 40 percent 50 per cent concession on fares for [...]

Union Budget 2011-2012

Pranab mukherjee shall represnt and put union budget for 2011 – 2012 in parliament. CHALLENGES To quickly revert to the high GDP growth path of 9 per cent and then find the means to cross the ‘double digit growth barrier’. To harness economic growth to consolidate the recent gains in making development more inclusive. To [...]

Nokia Beat Apple, HTC and Palm et al in Eco Stakes

We all know Nokia is an eco-aware brand and is doing more than any other smartphone company out there to make sure its products are as Green and Eco-friendly as possible. So, it should come as no surprise that Nokia comes top in a new study that looks at the social and environmental impact of [...]

Franchise India Hosts 35th Edition

India’s national Franchise & Retail show embarks in Hyderabad on February 26th – 27th, 2011 at the HICC. The show is presented by Franchise India, Asia’s largest integrated franchise Solution Company and Indian Franchise Association (IFA) and supported by Ministry of Micro Small and Medium Enterprises, Government of India and will be inaugurated by Shri [...]

President advocate for FDI in multi Brand Retail – Budget 2k11

With decline in FDI inflows, the Government has said that it needs to work on reform-friendly policies to attract increased overseas investment in the country. “We have to strive to make the domestic environment more conducive to investment, encouraging public as well as private investment and domestic as well as foreign investment, particularly foreign direct [...]

Inida to open FDI in Multi – Brand Retail : Budget 2011

Finance minister Pranab Mukherjee may signal the government’s intent to open up foreign direct investment (FDI) in multi-brand retail as one of its measures to contain commodity prices. A group of secretaries of the departments of industrial policy and promotion (DIPP), food and public distribution, food processing industries and the Planning Commission is working on [...]

Modern retail to grow by 7.7 lacs crore by FY 16

The final day of India Fashion Forum 2011 saw the release of the Images Year Book which in true tradition beings the round up of the past year. Voicing the thoughts of the industry, it is a repository of knowledge, important view points and landmark events. Moving on the day witnessed serious discussions on the [...]

Brandhouse retail is under valued

“Brandhouse Retail is a part of S Kumar group. This company is involved in developing and managing exclusive brand outlets for foreign brands in India. The companies, which are in the brand portfolio, include Reid & Taylor, Stephen Brothers, Carmicheal House, Belmonte and Dunhill. This company has got a store network of close to 800 [...]

India to open multi brand retail to foreigners

India’s Trade and Industry Minister said on Friday that talks to open up the country’s multi-brand retail sector to foreign investors were at an advanced stage, but he did not give a deadline. “We are very seriously engaged,” Anand Sharma told Reuters in an interview in Kuala Lumpur. “It is receiving attention of the government [...]

Marks & Spencer Reliance makes 2 senior appointments in India

NEW DELHI: Marks & Spencer Reliance India Pvt Ltd , a joint venture between UK’s leading retailer Marks & Spencer and India’s Reliance Retail, on Monday announced two senior appointments. While James Munson will head the company’s retail and marketing division, Maneesh Gaur will head property and projects to drive the store opening programme for [...]