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Yum!
Restaurants plans 1,000 outlets in India by 2015
US-based
Yum! Restaurants has announced plans to invest up to
$150 million (about Rs 700 crore) in India to expand
its food chains, including Pizza Hut and KFC, and plans
to have 1,000 outlets by the end of the 2015. More...
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Marriott
set to launch an upscale franchise
Hospitality
giant Marriot International is launching a new brand
called the Autograph Collection, aimed at tapping customers
who prefer independent, high-end hotels over brands
such as Marriott, Hilton and Four Seasons, reports Washington
Post. More...
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Taiwanese
supermarket to open store in Beijing
Taiwan-based
supermarket retailer Rt-Mart has plans to open its first
outlet in Beijing, agency reports. More...
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India
tops global retail theft barometer
India’s
fledgling retail industry has topped the ‘Global Retail
Theft Barometer’ survey for 2009. The country topped
the retail “shrinkage” rate -- a term that bunches shoplifting,
employee theft and process failures -- in 41 countries
surveyed across the world, for the second year in a
row, the Business Standard reported, citing a survey. More...
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Gokaldas'
retail initiative on the upswing
India’s
biggest garment exporter, Blackstone-controlled Gokaldas
exports is eyeing a greater proportion of its revenues
from the domestic market. To tap the small and medium
garment retailers, the company has launched a concept
-- ‘Cash & Carry’ -- which it claims is the first-of-its-kind
in the country, reports Business Standard. More...
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Vallée
de Vin plans exclusive wine spa in Nashik village
Nashik-based
wine manufacturer, Vallée de Vin, which means valley
of wine in French, plans to set up a wine spa with an
investment of Rs 10 crore in 2010 at its vineyard and
winery at Sanjegaon village near Nasik, reports Financial
Chronicle. More...
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Fastrack
rolls into personal wear segment
Fastrack,
the youth-driven accessories brand, which is part of
Titan Industries, is set to add more product categories
to its portfolio in the coming months. The watch-to-accessories
brand, Fastrack, is now looking at introducing more
personal wear products such as headgear, scarves, footwear,
helmets and jewellery. Some of these products will be
launched in 2010, reports Financial Chronicle. More...
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Sebi
bans Pyramid Saimira for seven years
Chennai-based
Pyramid Saimira Theatre (PSTL) has been barred from
dealing in the securities market for seven years as
it allotted shares under the employee quota to nonemployees
during its IPO in December 2006, Securities and Exchange
Board of India (Sebi) said on Tuesday. More...
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Nestle
India names new chairman, MD
Packaged
food maker Nestle India has appointed Antonio Helio
Waszyk as the new chairman and managing director of
the company with effect from October 1, 2009, Nestle
India said in a filing to the Bombay Stock Exchange. More...
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HUL
to reduce carbon footprint by 25%
FMCG
major Hindustan Unilever (HUL) said it has fixed a target
of 25 per cent reduction in carbon footprint by 2012. More...
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