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Last month, Sumit Chatterjee, a shop floor employee at a Big Bazaar store in Lower Parel, Mumbai, was stunned to see Kishore Biyani, the man who built a Rs 12,000 crore-plus retail empire, stroll in. Biyani went around the store in his usual
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I ndian retail chains are not in a tearing hurry to get foreign direct investment, according to the chief financial officers of some of the biggest retail companies. This is despite many of the big retail chains scouting for FDI in their hypermarket
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The offer, with the theme of clean city campaign, started on Feb 16 and will continue till Mar 31. And the campaign invites all Big Bazaar customers to bring their old products to get a good value for them in the form of coupons which can be redeemed
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Future Group will list Future Lifestyle Fashions on the stock exchanges next quarter, CEO Kishore Biyani said on Thursday...With this, the group will have three listed companies under its fold: Future Lifestyle Fashion, Pantaloon Retail India and
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R etailers and automobile and real estate firms are geared to cash in on the Republic Day fervour...With this year's Republic Day falling on a weekend, retailers are looking to make the best of the season. According to industry estimates, sales on
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Deepak Sood, CEO of Future Generali India Life Insurance, has resigned. The exit follows a DNA expose on the shareholding pattern of the company in November and December. Gorakhnath Agarwal, chief actuary and chief risk officer, has been named the
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Retail stocks such as Pantaloon Retail India, Trent , Provogue India and Koutons closed higher on Friday in an overall weak market, after the government won the approval of Parliament for its controversial decision of allowing FDI in multi-brand
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A company with no asset of its own issued shares to two different companies on the same day. While one company bought the shares at a face value of Rs 10, the other paid Rs 2,500 apiece...The practice has gone on for five years now in Sprint Advisory
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Lifestyle department store chain Shoppers Stop achieved its highest single-day sales on Sunday at 21.59 crore, leading a pack of big retailers bursting Diwali crackers as festive sales outdo their own estimates. Shoppers Stop on Monday shot off an
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Pantaloon Retail and Future Ventures India will demerge their fashion businesses into a new listed unit that will simplify the businesses into three main segments, the two companies said late on Friday. Under the restructuring, all fashion brands,
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