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Play I learn mulls franchise route to expand network
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Play I Learn, the preschool chain from New Age Knowledge
Solutions (NAKS), is planning to expand its operations
across the country via the franchise route. The company
plans to make 5-10 preschools operational in cities
like Mumbai, Bangalore, New Delhi, Chennai and Kolkata
by this month-end. More...
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McDonald's
loses trademark fight against McCurry
McDonald's
has lost an eight-year trademark battle against the
Malaysian restaurant McCurry, which serves Indian food,
agency reports. More...
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Tesco
continues to invest in Fresh & Easy
Tesco
is continuing to invest in its US Fresh & Easy shops,
despite it saying it had put its expansion in northern
California on hold, agency reports. More...
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Kraft
will pursue spurned bid for Cadbury
Kraft
Foods Inc, the second-largest food company, said yesterday
that it will pursue a takeover of Cadbury PLC even after
the British maker of Trident gum and Dairy Milk chocolate
rejected a $16.7 billion bid, agency reports. More...
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Marico
Bangladesh listed with CSE
Marico
a leading Indian Group in Consumer Products & Services
in the Global Beauty and Wellness space got listed with
the Chittagong Stock Exchange on Tuesday when a group
of senior officials visited CSE led by its managing
director Debashish Neogi, agency reports. More...
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Grasim
Textiles targets Rs 500 crore turnover by 2012
Grasim
Bhiwani Textiles Limited, an Aditya Birla Group firm,
known for its Grasim and Graviera brands of suitings,
plans to double its turnover from Rs 250 crore at present
to Rs 500 crore by the end of 2012. Grasim Textiles,
which has 65 exclusive company showrooms within the
country, plans to take the figure to 100 by the end
of this year, reports Business Standard. More...
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Timex
to introduce global brands; to roll out 20 new stores
Watch
manufacturer Timex said it will introduce more international
brands from its global portfolio in the country and
strengthen its retail presence by opening 20 more stores
across the country by the end of this fiscal. More...
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Wal-Mart
launches own labels in Bharti stores
Wal-mart
may have been held back by tough laws preventing foreign
retail groups from setting up shop on their own in India,
but a clutch of top so-called ‘private label’ brands
belonging to the world’s largest supermarket group could
soon be adorning retail shelves across the country,
reports Economic Times. More...
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Future
Venture to re-file for IPO soon
Kishore
Biyani-promoted venture capital arm Future Venture is
likely to approach Securities and Exchanges Board of
India (SEBI) again for an initial public offering soon,
as the validity of the earlier approval by the market
watchdog lapsed this month. “We are going for a fresh
filing (for IPO) with SEBI,'' said Kishore Biyani, chairman,
Future Group. More...
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Intex
Tech enters organised retail trade
IT
hardware and electronics company Intex Technologies
has decided to open 60 exclusive technology stores,
mainly targeting tier II and Tier III cities across
India, thus, making its entry into the organised retail
business, reports Business Line. More...
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Amway
launches concentrated fruits and vegetable products
Direct
selling consumer goods player Amway India Enterprise
on Tuesday launched a range of concentrated fruits and
vegetable products, and announced its foray into the
deodorant segment by introducing two variants for men
and women. More...
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