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Future retail crosses milestone of Rs 1000 mn in a single day
Future Group's retail operations registered around Rs 105 crores in total sales across its outlets on a single day, Sunday, August 18th 2008.
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Inflation blues chasing durables sector
Consumer durable manufacturers, auto producers and retailers may soon start feeling the heat of inflation, which touched 7% for the week ending March 22.
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Retail food prices rise 40 pc in 4 metros
The maximum surge in food prices was witnessed in the national capital, followed by Kolkata, Mumbai and Chennai, as per the analysis of the retail price data of 14 essential items maintained by the Ministry of Consumer Affairs.
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Darby Asia Mezzanine Fund II Invests $25 Million In Cafe Coffee Day
Coffee Day is Darby’s third investment in India in the last 12 months.The funds will be deployed in expanding Coffee Day’s presence across India and in parts of Europe.
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FII-TO-FII: Pantaloon traded at 13% premium
Pantaloon Retail India was traded at highest premium of 13.30% on BSE with 3,092 shares changing hands at Rs 495 as against the spot price of Rs 436.90.
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Future Capital to enter into a M&D Rights Agreement with FFL
Future Capital Holdings Ltd has informed is entering into a Marketing and Distribution Rights Agreement with Future Finmart Ltd (FFL), a subsidiary of the Company.
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Passport Capital hikes stake in Koutons Retail to 7.7%
Passport Capital, a US based investment firm through its India dedicated fund, Passport India Investments (Mauritius) increased its stake in Koutons Retail India, an integrated designing, procuring fabric and garment distribution company, from existing 4.8% to 7.77%.
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Vishal Retail to raise up to RS 2 billion by June
Vishal Retail Ltd will raise up to 2 billion rupees through a preferential issue to fund its expansion plans, a top official said on Monday.Investment bank HSBC, in a note dated Jan. 25, estimated that the company will raise 2.5 billion rupees at 900 rupees a share in 2008/09 through a preferential allotment.
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