Slice of Italy opens third store in Delhi; plans expansion

Slice of Italy, a leading Italian quick serving restaurant (QSR) chain, has announced the opening of its third franchise store at Patel Nagar, New Delhi. Meanwhile, the company has set a target to make 10-12 stores operational in Delhi-NCR by 2010-end. At present, it has 10 company-owned and three franchise stores operating in the region. More...

Australian chain Chooks heads to Tasmania

The first Tasmanian Chooks Fresh & Tasty store opened at Ulverstone in October marking the 40th store for the Western Australian barbecue and fried chicken chain, agency reports. More...

Carrefour plan to expand in Poland

French hypermarket chain Carrefour has been increasing development of their hypermarkets in Poland. The supermarket giant now plan to have a chain of smaller convenience stores called 5minut, agency reports. More...

Omega opens flagship store in Singapore

Swiss luxury watchmaker Omega is planning to grow its presence in Asia. It has just opened a 1,000 square foot flagship store in Singapore at the ION Orchard shopping mall and said on Tuesday there are plans to open two more in the upcoming integrated resorts, agency reports. More...

NTC to open 25 showrooms

The National Textile Corporation (NTC) is set to open 25 new showrooms across the country, of which the lone showroom for the state of Uttar Pradesh will be opened in Kanpur. Uttar Pradesh, which was once home to 11 NTC mills, has now received just one showroom while all other states have been allotted commencement of more than five retail stores, reports Business Standard. More...

Ethical fashion brand ‘Ethicus’ launched in Mumbai

A new ethical fashion brand by the name of 'Ethicus' was formally launched in Mumbai by the company’s founder Mani Chinnaswamy and his wife Vijayalakshmi Nachiar, promoter of the brand. Based on the philosophy 'From farm to fashion', the products are made from 100 per cent certified 'Organic Appachi Eco-logic' organic cotton and ethical 'Ahimsa' silk, reports IndiaRetailing. More...

German brand Miele forays into India; eyes Rs 100 crore sales in five years

In tune with its plans to acheive sales of over Rs 100 crore in the next five years, German home appliance maker 'Miele' has announced the opening of its first experience centre in India. The company would use the experience centre for creating awareness about its products in the country. More...

Marico profit rises 32% to Rs 62.3 crore

Home and personal care products maker Marico Ltd, on Tuesday reported a consolidated net profit of Rs 62.3 crore for the quarter ended 30 September, an increase of 32 per cent over the corresponding period in the previous fiscal. More...

Readymade garments to get interest rate subvention

The Government of India has decided to include readymade garments along with textiles under the rupee export credit interest rates subvention scheme with effect from December 1, 2008, RBI said in a notification. More...