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India's Maruti Feb car sales up 6.5pc
Source: Business Standard India's s top carmaker, Maruti Suzuki today reported a 6.5 percent rise in February car sales at 118,949 units as compared to 111,645 units in the same month last year.The...
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Cash & Carry competition: UK chain Booker plans 20 India stores in 5 yrs
Source: Business Standard The USD6.5-billion UK-based cash and carry group, Booker, is looking to expand its India operations. Even as US giant Walmart, French chain Carrefour and German group Metro...
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India's jewellery sales to lose shine this year
Source: Business Standard In a major blow to Indian diamond jewellery manufacturers and retailers, demand for domestic jewellery is likely to decline 50 per cent in the next five months due to a...
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India's FDI in services up 62pc in Apr-Jan last fiscal
Source: Business Standard Uncertain economic conditions in the western markets are working to India's advantage when it comes to foreign direct investment (FDI) inflows into the services sector,...
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Aditya Birla's The Collective to expand presence in India
Source: Business Standard India's multi-brand luxury lifestyle retail outlet The Collective, a wholly-owned subsidiary of listed Aditya Birla Nuvo is planning to expand its footprint across India by...
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Retail sourcing spurs an India supply club
Source: Business Standard Designco's sprint from brass mill to mass supplier in high-quality home decor to the likes of Walmart and IKEA showcases the transformational scale of a sourcing shiftVipul...
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Interview: McDonald's has shown the way, it's great for Subway, says Subway CEO
Source: Business Standard The man who started Subway 47 years ago and made its first sandwich himself is now targeting 1,000 outlets in India in five years and 5,000 in 10 years. There are 260...
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India needs to develop and offer more quality retail spaces at commercially...
Source: Business Standard The US-based global management consulting firm, A T Kearney, in its Global Retail Development Index 2011, has ranked India as the fourth most attractive nation for retail...
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Jubilant FoodWorks' same-store sales a disappointment
Source: Business Standard Indian company Jubilant FoodWorks' financial performance has cooled, albeit marginally, compared to previous quarters, thanks to higher base effect and persistent inflation,...
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India's competition commission initiates suo motu probe against milk retailers
Source: Business Standard After cracking down on cement companies for cartelisation, the Competition Commission of India (CCI) has initiated a suo motu inquiry against milk retailers for frequent...
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China Jun PMI hits 7-month low
Source: Business Standard China's factory downturn worsened in June as a key activity index hit seven-month lows, data expected to fuel expectations the central bank may seek more policy easing to...
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Indian FMCG firms' royalty payments remain flat
Source: Business Standard Royalty as a percentage of sales for some key listed Indian arms of foreign consumer goods companies was actually flat in the past three years, shows an analysis by the...
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Titan spins off 3rd-party watch-retailing arm, to double Helios store numbers
Source: Business Standard Titan Industries Ltd, the Bangalore-based publicly-held retailer of watches, jewellery and eyewear, has spun off its third-party premium watch retailing arm into a separate...
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India's consumer companies sees sales slow due to moderating demand
Source: Business Standard After affecting industrial growth and capital expenditure plans of India Inc, slowdown pangs are now reflecting in the performance of some of the leading consumer companies...
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India's govt set to notify 51pc multi-brand retail FDI in Sep
Source: Business Standard The Indian government has finally decided to bite the bullet on allowing 51 percent foreign direct investment (FDI) in multi-brand retail, albeit in a different format. The...
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