Kishore Biyani, CEO, Future Group explains to CNBC-TV18 that it took some time for all the stakeholders to realize that it was a win-win proposal. Biyani added that FDI would boost the economy and encourage entrepreneurship in the country.
RC Agarwal, CMD, Vishal Retail, says that currently, we are not in talks with foreign company but this will bring lot of benefits for the government, customers, retailers because from now onwards the home retail industry will consolidate.
Ficci secretary-general Rajiv Kumar explains to CNBC-TV18 that the decision to allow FDI into multi-brand retail will confuse the Opposition and boost the domestic and overseas investment sentiment.
Shoppers Stop has declared its third quarter results. In an interview to CNBC-TV18, Govind Shrikhande, managing director of Shoppers Stop says, the company has had highest number of store openings in this quarter.
In an interview with CNBC-TV18, BS Nagesh the Vice Chairman of Shoppers Stop wouldn’t say there is a very big slowdown but there is a very relative slowdown compared to what was happening earlier.”
Govind Shrikhande, managing director of Shoppers Stop joins CNBC-TV18 to take us beyond the Q2 numbers and highlight the way forward for his company.
Shoppers Stop, among the oldest organised retailers in India, has embarked on an aggressive growth path amid a growing competition from Indian as well multinational firms.
Managing director of Shoppers Stop, Govind Shrikhande told CNBC-TV18 that they expect to see a 20-25% topline growth for this fiscal year. He also said that they would add between 22-30 stores in next three years' time as a part of their expansion.
Govind Shrikhande, MD, Shoppers Stop, in an interview on CNBC-TV18, talks about his company’s Q4 results and how he sees the company performing in the coming year.
In an interview with CNBC-TV18, Govind Shrikhande, managing director of Shoppers Stop says, foreign direct investment (FDI) is very important for India and is critical for the growth of multiple sectors and just not retail.
Chandrashekar Navalkar, CFO of Shoppers Stop, in an interview on CNBC-TV18 says the retail chain has seen same store sales growth at 22% in the third quarter.