Tag Archives: Indian Retail Industry

Future Group’s T24 Mobile GSM Service Launched in Andhra Pradesh, First Unpaid Service

Future Group's T24 Mobile GSM Service Launched in Andhra Pradesh, First Unpaid Service

Future Group had earlier announced its telecom venture Talk24 in partnership with Tata Teleservices and the service is now being rolled out in Andhra Pradesh. T24 is positioning itself as an ‘Unpaid’ service by offering free talk time based on … Read More »

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Big Bazaar vs. Big Bazar – What’s in a name?

The war is on between Reliance’s A-DAG group and Pantaloon over ‘Big Bazaar’ name. Reliance has been granted the trademark to use ‘“Reliance Big Bazar” trademark for some of its businesses (clothing, footwear, headgear, games and toys.) While the legal … Read More »

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Shubiksha closes 90 Retail Stores

Recession is hitting the retail industry quite badly and Shubiksha has announced that it has closed 90 stores in the last 1 month. “We were paying huge rentals

 

How can Small Retailers compete with Biggies? Launch a Chain?

How can Small Retailers compete with Biggies? Launch a Chain?

Small retailers are losing out to the larger retail outlets (Reliance, More, Subhiksha etc) and TN govt. is working on an interesting project in the city of Madurai. The Tamil Nadu Chamber of Commerce and Industry (TCCI) is working with … Read More »

 

Premji buys 10% stake in Subhiksha

Premji buys 10% stake in Subhiksha

Ajim Premji has bought 10% stake in Subhiksha for Rs. 230 crores. Subhiksha was planning an IPO to raise Rs. 350 crores earlier, but given the current market situation decided to raise money from investors (wondering why Premji and not … Read More »

 

Subhiksha’s License in Maharashtra Suspended

Subhiksha’s License in Maharashtra Suspended

Subhiksha, the retail chain outlet’s license in Maharashtra has been suspended over hygienic issues in it’s warehouse. While Subhiksha will appeal to the Maharashtra High court and has blamed the rivals for manipulating the case: As everyone is aware we … Read More »

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Top 20 Indian Cities that accounts for 1/3rd of Disposable Income

20 Indian cities account for 10% of India’s population, but generates 31% of disposable income! A study by Roopa Purushothaman and Rajesh Shukla (co-authored Goldman Sachs’ famous BRIC report) has conducted a study (on behalf of Kishore Biyani’s Future Capital … Read More »

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Future Group forays into self-publishing

Future group is foraying into self-publishing vertical and apart from enabling authors to publish their books, Depot (Future Group’s book, music and stationery retail arm) will also sell these books in their retail stores across the country. Writers, most of … Read More »

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Retail Industry Updates: Reliance shuts Petrol Pumps, Indians #3 in buying foreign brands..and more

Reliance has decided to shut down it’s petrol pumps stations over denial of subsidy on par with public sector retail companies ‘Reliance plans to shut two-third of its 1,400 petrol pumps in the country by next month as it is … Read More »