Forever Jewellery to pump in Rs 400 cr for retail expansion

After making its strong presence in jewellery manufacturing and exports, Forever Precious Jewellery & Diamonds Ltd seems to have geared up for an aggressive retail expansion drive.

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Bharti Retail and IBM announce strategic collaboration

Bharti Retail Limited and IBM India today announced a wide-ranging ten year strategic partnership under which IBM will provide technology and services that will enable the consolidation, transformation and management of a comprehensive IT infrastructure for Bharti Retail by IBM India.

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Retailers take a slower road in India

India's expected retail boom hasn't taken off, leaving companies large and small to rethink their expansion plans.Empty rickshaws, left, lined up at the entrance of the Forum Mall in Bangalore as their drivers await customers

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Khadims to increase retail outlets

The company proposes to expand its exclusive footwear stores in Southern and Northern parts of the country and push its products in mainline retail malls. Khadim MD, Sidhartha Roy Burman, it is reliably learnt, has okayed the Rs 100 crore expansion project.

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Cotton Country gets Rs 120-cr funding

Ludhiana-based textile major, Cotton Country Retail, has received Rs 120-cr infusion from a private equity firm, Sequoia Capital India.

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LuLu's biggest mall to come up in Kochi

Retail major LuLu, which runs 58 stores in the Gulf, is setting up India's 'biggest' shopping mall, including a 300-room hotel, at an estimated Rs12 bn in the port city of Kochi.

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Reliance to push retail in countryside

Reliance is piloting a rural-business-hub (RBH) model in a Gujarat village, which if successful and implemented could rival that of DSCL's Hariyali Kisan Bazaar and Future Group's Aadhar.
RBH would offer farm input, food, grocery, consumer durables, and financial and health services. It will also provide farmers a platform to sell their produce, an equivalent of village haat.

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Grabal Alok to expand retail network in UK

Grabal Alok UK, the overseas retail venture of the approximately Rs 2,250 crore Alok Group, comprising Alok Industries and Grabal Alok Impex, is expanding its UK retail store network from currently 200 stores to 260 stores by March 2009.

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