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Aditya Birla Group

Jabong expects to clock 40 pc business growth in 2017-18

Online fashion firm Jabong expects to clock 40 per cent business growth in 2017-18 on account of expansion in product range, marketing investments and additional features in its mobile application. "We believe we are not at good levels, but we...

Aditya Birla Group all set to invest Rs 7,000 crore in Andhra Pradesh

Aditya Birla Group plans to invest Rs 7,000 crore in the next two years in Andhra Pradesh on expanding existing businesses, Chairman Kumar Mangalam Birla said. The conglomerate already has investments of Rs 10,000 crore in the state across sectors...

Aditya Birla Nuvo to merge with Grasim and demerge financial services

The $41 billion Aditya Birla group has announced major rejig of its companies involving merger of Aditya Birla Nuvo Ltd with Grasim Industries Ltd and the subsequent demerger and listing of its financial services business through a composite scheme...

Betting on the business of FMCG food and private labels

The spurt in demand for packaged food, including staples, and the changing dynamics of customer's shopping preference, where they are more comfortable shopping in a super / hypermarket, has led to a multi-fold growth in the business of private labels. A collaborative effort in...

The business of private labels in Indian retail

The business of private labels in India has seen a sharp upward incline with offline as well as online retailers pumping in resources to strengthen their growth. There has also been a collaborative effort in this space with retailers...

The future of retail post 100 pc FDI in e-commerce

The new additions made to the already elaborate FDI (Foreign Direct Investment) guidelines have created quite a buzz in the Indian e-commerce market and numerous opinions have arisen regarding the same. Some agree to the new terms and strongly...

Indian retailers on an expansion spree

It seems Indian retailers are on an expansion spree, either by drawing up new capex plans or by getting into newer categories. Aditya Birla Group controlled Grasim Industries has drawn up capex plan of Rs 150 crore for product...

Aditya Birla Group reshuffles top management

Aditya Birla Group has reportedly reshuffled its management team. Sushil Agarwal, a group loyalist who was the chief financial officer (CFO) and whole-time director of Grasim Industries, has been elevated to the post of group CFO. Prior to this, Agarwal...

BACK TO BASICS

It's really all about the consumer, stupid! Indian retailers shifted gears fromproduct to customers. Both brick and mortar and e-tailers realised that it is imperative to address the needs of demanding "Digital customer" who like to order products and...

THE BIG GET BIGGER

Generating critical mass with viable entities and eliminating non-core or under-performing business was prominent refrain in retail. Big-box retailers and online players focussed on their core business strengths and thereby scaled up efficiencies by either consolidating or/ and acquiring...
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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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