Aditya Birla Group
Retail
Ultratech to open 400 retail outlets by 2009
Ultratech, a subsidiary of Aditya Birla Group promoted Grasim Industries, has been learnt to open around 400 retail outlets across the country by 2009. Further, the company is planning to strengthen presence in Orissa and include six more states...
Retail
AK Dasgupta joins Grasim Industries
Grasim Industries, a part of Aditya Birla Group, has appointed AK Dasgupta as the additional director of the company. The decision was taken in the board meeting held today.
Grasim is world’s second largest producer of Viscose Rayon Fiber with...
Retail
Madura plans men’s lifestyle stores
Madura Garment Exports, a subsidiary of Aditya Birla Nuvo, has planed to invest around Rs 275 crore to roll out a new chain of men’s lifestyle stores under the brand name ‘The Collective’ by October 2008.
‘The Collective’ will retail...
Retail
Aditya Birla Nuvo Q1 net rises
Aditya Birla Nuvo, the retailing arm of Aditya Birla Group, has posted a 23.45 per cent increase in net profit to Rs 41.64 crore during the first quarter ended June 30, 2008. The company had recorded a net profit...
Retail
VMart sells 25 pct stake to Aditya Birla group
The New Delhi-based VMart Retail Pvt. Ltd has sold 25-per-cent stake to the Aditya Birla group for an undisclosed sum to help fund its expansion plans, a company official said.
Confirming this to the media, Lalit Agrawal, managing director, VMart,...
Retail
New CEO for Aditya Birla group’s retail venture
The Aditya Birla group appointed Thomas Varghese as the new chief executive officer (CEO) of Aditya Birla Retail, replacing Sumant Sinha, who will move out after spending six-and-a-half years with the group. Thomas Varghese is currently senior executive president...
Retail
Madura plans Indian version of Barneys and Harvey Nichols
Madura Garments, the apparel retail division of Aditya Birla Group, has planned a luxury lifestyle destination store for men on Bengaluru’s Vittal Mallya Road. Apparently, the country's first luxury mall, The Collection, is poised to open in UB City...
Retail
About Rs 80000 cr investments from Aditya Birla in Orissa
Aditya Birla Group, one of the largest business houses in the country with interests in various sectors including retail and textiles, plans to invest Rs 75,000-Rs 80,000 crore in Orissa.
The proposed investment will be made in retail, textiles and...
Retail
Aditya Birla betting big on apparel biz
Aditya Birla Nuvo a subsidy of the Aditya Birla group is betting big on apparel retail business as it is expected to pump in about Rs 400 crore to shift focus from apparel wholesaling to retailing.
If industry sources are...
Retail
Indian Railways offering retail space
The Indian Railways is soon going to offer around 4,800 hectares of land to retail and logistics companies to set up retail outlets, agri-retail infrastructure and warehouses. Around 3,000 sites have already been identified by the railways across the...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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