Category: Executive Program

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

Vishal Retail finally finds suitors

Debt-laden Delhi-based Vishal Retail will sell its retail trading business to Shriram Group of Chennai and the wholesale business, institutional sales and franchise operation to a private equity company, ‘TPG Capital’, with the combined deal totaling to Rs1 billion. Pertaining

Shopper’s Stop appointed Govind Shrikhande as MD

Shopper’s Stop Ltd along with the declaration of their exceptional Q1FY11 results also announced the appointment of Govind Shrikhande as the Managing Director, effective from July 29, 2010. Shrikhande took charge of Shopper’s Stop Limited as the Customer Care Associate,

Future group revamp Big Bazaar

India’s largest retailer, Pantaloon Retail India Ltd, is gearing up to more than double the number of its Food Bazaar and Big Bazaar stores, the expansion contrasting with its simplification drive. Three years ago, the Future group, the parent company,