Archive for the 'Retail' Category

Mudra Lifestyle gets orders worth Rs 35 cr

Mudra Lifestyle Ltd said on Tuesday it had received an export order worth Rs 15 crore and a domestic order worth Rs 20 crore.
The orders will be executed within four months, it said in a statement.

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Reliance Retail IPO : Reliance Retail IPO ?

Reliance Retail IPO : Reliance Retail IPO ?
Reliance Retail IPO :  Reliance Retail , a Subsidiary of Reliance Industries Ltd , is rumoured to be going for an IPO.
If the news is true , then RIL Shareholders can rejoice.RIL shares has been hovering between 2700-2900.RS .
Reliance has recently entered the retail market and is aggressively working on introducing a pan-India network of retail outlets in multiple formats.

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Indiabulls Real Estate has acquired Piramal groupstake in Piramyd Retail

Indiabulls Real Estate has acquired Piramal groupstake in Piramyd Retail
Indiabulls Real Estate (IBREL) has acquired the Ashok Piramal group’s 63.9% stake in Piramyd Retail for Rs 208 crore, kick-starting the first phase of consolidation in the nascent Indian retail space.
The acquisition has been routed through IBREL’s 100% subsidiary, Indiabulls Wholesale Services. Indiabulls will also make […]

Subhiksha IPO : Subhiksha defers IPO indefinitely

Subhiksha IPO : Subhiksha defers IPO indefinitely
India’s largest chain of supermarkets Subhiksha Trading Services Ltd is indefinitely delaying a planned initial public offering (IPO) because it has enough money to fund its expansion and will look for a listing at a “later point of time” as the stock market builds on its highs.
It prefers bank […]

Reliance Jewellery

Mukesh Ambani-owned Reliance Retail Limited (RRL) has announced its foray into gems and jewellery trade with the aim of opening 300 ‘Reliance Jewels’ outlets across the country during the next three years.
The company launched its first such Reliance Jewels speciality store in Jayanagar, Bangalore. The store is spread over three floors, the 6,000 sq. ft. […]

Reliance to work with farmers:Mukesh Ambani

Under attack from small shopkeepers and farmers in several states for its retail initiative, Reliance Industries chairman Mukesh Ambani today took pains to explain how Reliance Retail has always been a friend of these two important constituencies.
“We are sensitive to the interests of small shopkeepers. Our retail initiative will,  in no way, jeopardise their interests […]