Kaati Zone eyes pan-India expansion

The only Indian brand in the Rs 2,500-crore pizza-dominated quick service market (QSR) in the country -- Kaati Zone, which kicked off its first outlet in Bangalore almost five years ago, is planning to go national now. With 12 outlets in Bangalore and two more to be launched in Mumbai soon, Kaati Zone will travel much faster now than it did for the five years since its launch. There would also be a change in the business model with almost 49 per cent of the outlets being franchise stores, reports Business Line. More...

Krispy Kreme expanding into Thailand with franchise partnership

Krispy Kreme Doughnut Corp has reached a deal to expand into Thailand with 20 new franchise locations over the next five years, agency reports. More...

Wal-Mart to invest $150 million in Argentina in 2010

Wal-Mart Stores Inc will invest $150 million in Argentina in 2010 to expand operations, agency reports. More...

Sony records $292 million loss in Q2

Sony Corp has reported a loss of 26.3 billion yen ($292 million) for the three months ended September as weak economic conditions and currency fluctuations impacted the electronics major. More...

Pantaloon board okays business realignment

Kishore Biyani-promoted Pantaloon Retail, part of the Future Group, announced a rejig in its business with its board approving hiving off Big Bazaar and Food Bazaar as a wholly-owned subsidiary, making itself a pure retail player. More...

Tanishq eyes Rs 3,000 crore turnover this fiscal

Branded gold jewellery seller Tanishq said it expects to achieve Rs 3,000 crore turnover this fiscal-end and focus on consolidation of its business. "We expect that we will be able to touch Rs 3,000 crore by the end of this fiscal. In the last one year, when economic slowdown hit the country, we focussed on increasing our existing business rather than expansion," said Calvin John, brand manager, Tanishq. More...

Sylcon to open second showroom at Oberon Mall, Kochi

Sylcon, the footwear and bags retail chains, is opening its second showroom at Oberon Mall in Kochi on Sunday. More...

Timex gets product licence of ICC Cricket World Cup 2011

Watch maker Timex Group India said it has got the licence from the International Cricket Council for launching a product using the logo of the ICC Cricket World Cup 2011. More...

Godrej Consumer Products net jumps 167% at Rs 93 crore

Godrej Consumer Products Ltd, the manufacturer and supplier of consumer durables, posted 167 per cent rise in consolidated net profit at Rs 93 crore for the quarter ending September 30, 2009 as compared to Rs 34.73 crore in the corresponding period last year. More...

Provogue India profit rises 12%

Garments maker Provogue India on Thursday said its net profit rose 12.1 per cent to Rs 8.8 crore in the second quarter ended September 30, 2009. More...

Celebrity Fashions loss at Rs 4.8 crore, pledges 30% shares to SBI

Celebrity Fashions Ltd has reported a net loss of Rs 4.80 crore as compared to net loss of Rs 21.32 crore. The company's total income rose by 42 per cent to Rs 80.32 crore from Rs 56.865 crore. More...

Nestle India Q3 net up 38.7% to Rs 183 crore

Packaged food maker Nestle India said its net profit rose by 38.70 per cent to Rs 182.76 crore for the third quarter ended September 30, over the same period last year. More...

Gitanjali Gems profit up 8% to Rs 53 crore

Gitanjali Gems has said its net profit rose by 8.40 per cent to Rs 52.73 crore for the quarter ended September 30, 2009, over the same period last year. More...