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No FDI in retail says Kamal Nath

Commerce and Industry Minister Kamal Nath Monday ruled out Foreign Direct Investment (FDI) in retail saying that government was awaiting the report of the study on retail. ''A study on retail in underway and report is still awaited. We have...

Government undeterred by opposition to organized retail

Even as anti-organised retail protesters chalk out plans to converge at Mumbai’s Azad Maidan on October 10, to demand that big corporations quit retail business, the government appears to be undeterred by it. The protest being organized by two-year old...

Real estate to touch 90 billion U S dollars by 2015 says ASSOCHAM

Indian real estate growing at 30%, is likely to touch US$ 90 billion by 2015 from the current level of US$ 14 billion and boost economic growth to between 9 to 10%, says a study. The additional requirement of 370...

Mixed reactions of retailer fraternity on Chidambaram statement on retail FDI

There was mixed reaction from retailers to Finance Minister P Chidambaram’s announcement that India will open up its $330 billion retail market to foreign investors. “The statement of the minister had no clear signals as to what the government will...

Protests shake confidence of Minister Kamal Nath in FDI in retail sector

The protests in Uttar Pradesh, Kerala and the national capital against organized retail appear to be impacting on the government as Commerce and Industry Minister Kamal Nath said “it is not (about allowing) Foreign Direct Investment, the issue is...

Global retail giants no threat to Indian retailers — Swraj Paul

Indian retail Monday received rich compliments from none other than leading Non-Resident Indian (NRI) industrialist Lord Swraj Paul who said they are capable of working very well in a competitive market and the entry of global retail giants would...

Alyque Padamsee becomes Leagueone communicator

Ad whiz Alyque Padamsee has joined team Leagueone as its brand, strategy and communications advisor. Padamsee said, “For years, advertisers have wanted to impact customers with audio-visual force at the point of purchase. Now, at last, Leagueone offers the marketing...

Danone eyeing dairy market — in talks with Dynamix

To tap into the potential in the dairy business in the country, French foods giant Groupe Danone is in talks with Dynamix Dairy Industries (DDIL), say industry sources. US-based Schreiber Foods Inc. has 51 per cent stake in Dynamix. Schreiber...

Michael Green of IMSG will talk retail branding at IRF 2007

Michael Green, managing director (international markets), IMSG, UK, will partake in a session on ‘Branding & Marketing @ Retail’, at India Retail Forum (IRF), on September 5, 2007. He will be joined in by Santosh Desai, MD & CEO,...

Reliance eye on cash-and-carry and lifestyle stores

Reliance Retail is expected to roll out wholesale trade outlets (or cash-and-carry) by next year, around the same time when Bharti-Wal-Mart begins operations. “Cash-and-carry is second priority for us. Our first priority is the front-end business – the grocery stores,...
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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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