Strategy

French pen and stationery manufacturer BIC has picked up a 40 per cent stake in Mumbai-based stationery products maker Cello Pens. The deal, worth Rs 8 billion, also allows the former to increase its stake to 55 per cent...

Making best use of the available retail space, Croma has introduced its second Croma Zip – India’s ‘Small big electronics store’. The first Croma Zip store was launched at the Mumbai domestic airport and the second store opened its...

India may have been adding 8 to 10 million of new mobile users every month but when it comes to business, mobile retail remains a low margin business, according to Rajiv Agarwal, CEO and director, The MobileStore. “Being a...

Moving further to help retail fraternity, India’s two leading firms Cushman & Wakefield and Technopak have entered into a strategic alliance to work on a single unified platform for end-to-end retail services, according to a C&W press release. Sanjay Verma,...

India’ leading basmati rice processing company REI Agro's retail venture 6Ten has planned to invest Rs 15 billion to open 3, 500 stores in next three years across the country, said a top company official. Speaking to media, Danish Beg,...

TaylorMade-adidas Golf (TMaG), a wholly owned subsidiary of adidas Group involved in manufacturing and retailing golfing equipments worldwide, has opened its first flagship store in Delhi’s Select Citywalk mall in India. Spread across over 1,600 square feet of retail space,...

SatNav Technologies, India’s global positioning system (GPS) pioneer, has tied up with major consumer electronics retail giants including Tata’s Croma, Reliance AutoZone, Future Group’s E-zone and Staples. The tie up will make SatNav’s products available to customers in more...

India’s direct to home (DTH) market witnesses one more player. This time its telecom giant Bharti Airtel. The company has announced the launch of Airtel digital TV, its DTH satellite TV service. After, Tata Sky, Dish TV and Big TV,...