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FDI in Retail: Busting the Myths

The decision of the Indian government in favor of FDI in retail has seen a fierce backlash, resulting in it being put on the back burner – all thanks to the many myths about FDI floating around....

Carrefour under fire for Brazil plans

Tensions over Carrefour’s contentious plan to merge its Brazilian assets with those co-owned by a French rival have intensified after a shareholder lobby group raised concerns with Paris regulators about the deal.Deminor, a group which acts on behalf of...

Talwalkars eyeing ‘healthy’ growth in Uttar Pradesh

India’s listed fitness chain Talwalkars Better Value Fitness Limited has drawn up a major expansion plan for Uttar Pradesh. The company, which already has five centres in the state, plans to add another 10 to its kitty, in near...

Debenhams chief executive to retire

Rob Templeman, chief executive of Debenhams, the department store chain, is to retire in September, handing over to long-standing deputy chief executive Michael Sharp.Mr Templeman, who was picked by private equity owners CVC and TPG in 2006 to prepare...

Consumer confidence in India rebounds to pre-downturn levels: Nielsen

In another sign of the country recovering fast from the recent economic downturn, consumer confidence in India has rebounded in the first quarter of 2010 to reach its highest level since the third quarter of 2007.According to the latest...

Roubini Says Stocks Have Risen ‘Too Much, Too Soon, Too Fast’

New York University Professor Nouriel Roubini, who accurately predicted the financial crisis, said stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors. “Markets have gone up too much, too...

FM bats for long-term ‘inclusive growth’, drops short-term crowd-pleasers

As the trading day began, most stock market players were predicting a bold, impetus-led Union Budget 2009-10 that would invigorate corporate and retail investors alike. But after handsome gains made in the initial trade in the early morning, the...

Consumer Confidence in India – finally feeling the pinch!

How long can one escape the clutches of the present global economic crisis? While the world went into an economic slowdown towards the end of 2008, Indians have just started losing confidence in their economy. In recent times consumers...

Future of retail sector in 2009

Shoppers are closing their wallets worried by job losses, sinking stock markets and prospects of a prolonged recession. There should be a major contraction in consumer spending that will be aggravated by banks being overcautious in lending. Banks in...

Sensex remains flat

Indian stock market started today on a positive note. The 30-share index, BSE Sensex opened with a gain of 19.72 points, at 9,034. On Wednesday, after a volatile day, Sensex settled with a marginal loss of 20 points at 9,015....
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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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