With a stake in Future Retail, Amazon will have the advantage of being well-spread across India which Walmart does not have right now
The Birlas is said to have invested close to Rs 11,000 crore in debt and equity of ABRL over the past decade.
More retailers like Shoppers Stop and Aditya Birla Retail are in talks with banks to enable PoS terminals for cash dispensation.
It is, once again, that time of the year. Enterprises have tax forms to generate and TDS returns to file. Even start-ups and SMBs are not exempt from ...
Jubilant Agri and Consumer Products has agreed to transfer its retail hypermarket business undertaking consisting inter alia of four hypermarket stores in Bengaluru, India along with certain specified assets and liabilities including dedicated employees, contracts, licenses, permits, consents and approvals.
It is difficult to predict where competition will take Indian retail, but clearly the delayed entry of Wal-Mart has allowed new retail ideas to flourish. It has benefited online retailers and sidelined the brick-and-mortar retailers.
A multi-structured deal on the basis of share swap is being worked out between the two partners, post which Kishore Biyani-led Future Group will become the majority partner, according to sources.
Dressing kids up can be a daunting task, and not just parents, but even retailers would agree.
Experts reaction to the Cabinet's decision to open up FDI in retail.
The Future Group Founder and Chief Executive Kishore Biyani today said implementation of the new uniform tax regime -- goods and services tax (GST)-- is likely to play a bigger role for the retail industry than foreign direct investment.
Aditya Birla Retail is likely to be in talks with Japan's second largest convenience store chain Lawson Inc for a retail joint venture, reports CNBC-TV18's Ashwin Mohan quoting sources.
Aditya Birla Retail, the retail arm of the USD 29 billion diversified Aditya Birla Group, plans to open as many as 130 supermarkets and a dozen hypermarkets in the fiscal year starting in April, to take advantage of the surging spending power of Indian consumers.
Former Suzlon COO Sumant Sinha On New I-Banking-Cum-Consulting Firm