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CRISIL estimates FDI inflows of USD 2.5–3.0 bn over the next five years

Foreign direct investment (FDI) in multi-brand retail will stimulate gradual investment in Indian retail according to CRISIL. The analytical and ratings company estimates FDI inflows of USD 2.5–3.0 bn over the next five years, modest in the context of...

Dabur secured 31 percent rise in the first quarter

In a board of directors' meeting, India’s leading FMCG Dabur India Limited, declared its unaudited financial results for the quarter ended June 30, 2011. Riding on the strong demand across its key categories, calibrated price hikes and stringent cost-saving...

Home solution retailers revive expansion plans

After years of operating in the red, India's leading furniture and home solution retailers have revived their expansion plans, riding on increasing demand and real estate market which has bounced back. Lifestyle retail chain Shoppers Stop told analysts last...

Magnit net retail sales rose to 27.3 billion roubles

Russia's leading chain of food retail networks, “Magnit” saw a rise in sales to 27.3 billion roubles ($960 million) from 17.8 billion a year earlier. As of March 31, 2011 the chain consisted of 4,128 convenience stores, 57 hypermarkets...

Carrefour announces the disposal of its business in Thailand

Carrefour has signed an agreement with Big C, a subsidiary of Groupe Casino, for the divestment of its operations in Thailand for an enterprise value of €868 million. This valuation corresponds to 120% of the net sales of the...

PVR Q1 revenues up 131 per cent at Rs.103.11 crore

PVR Limited, one of the largest film entertainment companies in India, has posted consolidated revenues of Rs.103.11 crore for the first quarter ended June 30, 2010. The revenues were up 131 per cent from the Rs.44.56 crore recorded in...

Luxottica’s Q2 net income up 30 per cent at €150 mn

Luxottica Group, a global leader in the design, manufacture and distribution of fashion, luxury and sports eyewear, has reported net sales of €1.6 billion for the second quarter ended June 30, 2010. The net income during the quarter reached...

Uninor receives fourth round of investments from Telenor Group

Uninor today announced that it has received the fourth and final round of the planned fresh equity investment from the Telenor Group. With this the Telenor Group has invested a total of INR 61.2 billion of new equity into...

Koutons unveils Q1FY10 net sales report

Koutons Retail India Ltd., reported net sales of Rs 201.3 crore, for the quarter ended 30th June, 2009 as compared to Rs. 157.84 crore in corresponding period of last fiscal year, registered a growth of 27.54%.Profit after tax registered...

FMCG companies to see robust volume growth

Fast moving consumer goods (FMCG) companies, say analysts, may register a lower year-on-year (YoY) sales growth but higher volume growth for the quarter ending June 30. The full benefits of falling commodity prices and lower input costs should also...
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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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