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April 05, 2008

Pantaloon Retail Launches Big Bazaar in Ranchi | INRnews

Ranchi, India, April 05, 2008 - Pantaloon Retail (India) Limited, part of the Future Group, today announced the launch of its flagship hypermarket retail store – Big Bazaar – in Ranchi city. This is the second Big Bazaar in Jharkhand region and the first biggest store with 80,000 sq.ft area in East Zone for the company.

April 02, 2008

Raheja Developers performs Bhoomi Pujan for expo mall in Panipat, Haryana | INRnews

Panipat, India, April 02, 2008 - Raheja  Developers has announced that the comapany has performed BHOOMI PUJAN of Block A of “RAHEJA EXPO-MALL” at Panipat on April 02, 2008. This marks the beginning of construction of fully equipped commercial complex that integrates world-class infrastructure with the peaceful ambience of a small mordern town.

April 01, 2008

@home opens in Coimbatore | INRnews

Coimbatore, India, April 01, 2008 - The beautiful city of Coimbatore has off late been buzzing with multiplexes and malls galore. With these changing trends, aspirations & desires, ‘@home’ – the country’s premier and pioneering mega home store chain from the Nilkamal Group – has opened in Coimbatore and to a great response.

Vodafone launches 34th Vodafone store in Mumbai | INRnews

Mumbai, India, April 01, 2008 - Vodafone Essar, one of India’s leading cellular service providers has announced the launch of its 34th Vodafone Store in Mumbai. The new store aims to deliver a complete Vodafone experience to customers and is located on the 1st Floor, Rehman Mansion, Dr. B.A.Road, Hindmata, Dadar East. The new Vodafone Store is open all days of the week from 10.00 am – 7.00 pm. This takes the strength of Vodafone Stores in Mumbai to 34 and that of self-service kiosks to 63.

Godrej Agrovet, Future Ventures form JV for rural retailing | INRnews

Mumbai, India, April 01, 2008 - Godrej Agrovet Limited and Future Ventures India Limited announced today that they have entered into a joint venture agreement for rural retailing. Future Ventures India Limited, a Future Group company, will own a 70% stake in Aadhaar Retailing Limited, with the rest owned by Godrej Agrovet Limited.

March 31, 2008

Roca opens 50th brand store in India in Chennai | INRnews

Chennai, India, March 31, 2008 - Roca, the world leader in sanitary ware, today launched its 50th showroom in Chennai to mark a year of the company’s entry into India. The new store was inaugurated by Mr. Arun Alagappan, Director, Parryware Roca Private Limited. The exquisite-range of Roca products for bathrooms can now be acquired at the new showroom, Presencia located at Lloyds Road, Gopalapuram, Chennai. 

March 25, 2008

Subhiksha Mobile crosses 50-store mark in Hyderabad | INRnews

Hyderabad, India, March 25, 2008 - Subhiksha, India's largest mobile retailer has reached the coveted 50th-store mark in Hyderabad. The 50th store in Hyderabad was opened in the up-market area of Vikrampuri.  Customers in Hyderabad no longer have to travel long distances to purchase their favourite mobile, with 50 stores and growing in numbers by the day -there is a Subhiksha mobile store in every locality in Hyderabad.

Satra Properties acquires retail property in Jodhpur | INRnews

Jodhpur, India, March 25, 2008 - Satra Properties India Ltd has announced that the Company has signed DEED OF ASSIGNMENT for prime Retail property in Jodhpur Rajasthan.

March 23, 2008

Corporate majors optimistic on Retail , line up Investments over Rs. 1 lakh crore | INRnews

New Delhi, India, March 23, 2008 - As investment rate of 36.3 per cent is driving the Indian growth story, the corporate retailers across the country have announced investments plans amounting to Rs. 1,31,804 crore in past 6 months, for expanding their network of stores by the next four-five years to cash in the retail boom, according to the ASSOCHAM Investment Meter (AIM).

March 08, 2008

MIAL begins roll out of Duty Free Retail at Mumbai international airport | INRnews

Mumbai, India, March 08, 2008 - Mumbai International Airport Private Limited (MIAL) today announced the roll out of the new duty free retail experience for passengers at the Chhatrapati Shivaji International Airport (CSIA) in Mumbai. In the first phase, a new duty free area operated by DFS Galleria was opened at the arrivals area of international Terminal 2C at Sahar.

Pantaloons store opens in Guwahati | INRnews

Guwahati, India, March 8, 2008 - Pantaloons, India’s leading fashion retailer, today, inaugurated its first store in Guwahati, located at DT Towers, GS Road, Near Downtown Hospital. The new store is the thirty eighth Pantaloons store in India and is spread across 33,500 sq.ft. area, over three levels.

Pantaloons store opens in Guwahati | INRnews

Guwahati, India, March 8, 2008 - Pantaloons, India’s leading fashion retailer, today, inaugurated its first store in Guwahati, located at DT Towers, GS Road, Near Downtown Hospital. The new store is the thirty eighth Pantaloons store in India and is spread across 33,500 sq.ft. area, over three levels.

March 07, 2008

ETAM opens an exclusive store at Breach Candy | INRnews

Mumbai, March 7, 2008: Etam, the leading French lingerie brand, a part of the Future Group, today opened its exclusive store in Mumbai at Breach Candy in South Mumbai. On the occasion, super model Viveka Babajee showcased ‘Etam Spring Summer 2008 collection’, comprising of lingerie, swim wear and night wear. She also interacted with some customers and shared with them some lingerie style tips. An exclusive wine and cheese event was also held at the store in the evening.

February 19, 2008

Parsvnath Developers launches a mega Mall-cum-Multiplex at Dehradun in Uttarakhand | INRnews

Dehradun, India, February 19, 2008 - Parsvnath Developers Ltd has announced that the Company has launched the first of its kind mega mall cum multiplex, Parsvnath Eleganza in Dehradun. The Company will invest Rs 40 crore in developing the complex.

February 14, 2008

Home Solutions launches its first ‘Value’ home making retail concept in Aurangabad | INRnews

Aurangabad, India, February 14, 2008 -  Home Solutions Retail (India) Ltd., a part of the Future Group, today, announced the launch of a brand new retail format in the Home Segment called ‘Home Bazaar’, - a satellite version of its national home making and improvement retail brand Home Town. The first of its store was inaugurated in Aurangabad’s M Square Mall, Jalna Road here today.

January 22, 2008

Pantaloon Retail to set up wholly owned subsidiaries | INRnews

Mumbai, India, January 22, 2008 - Pantaloon Retail India Ltd has announced that the Board of Directors of the Company at its meeting held on January 22, 2008, inter alia, has approved setting up wholly owned subsidiary Companies for Big Bazaar and Food Bazaar, Speciality Retail Business Activities and Property & Mall Management Division and transfer the respective businesses of the Company on a going concern basis to the respective subsidiaries, subject to receipt of all requisite statutory and other necessary approvals.

Now real estate and healthcare at Future Group stores | INRnews

Mumbai, India, January 22, 2008 - The Future Group, whose flagship company Pantaloon Retail operates over 1,000 stores nationwide, is looking to maximise the value of its locations through selling real estate and healthcare.

Audi opens largest luxury car showroom in India in Gurgaon | INRnews

Gurgaon, India, January 22, 2008 - Audi, the German luxury car manufacturer, has announced the opening of its newest showroom in Gurgaon.

Vishal Retail opens new showrooms in New Delhi and Gurdaspur, Punjab | INRnews

New Delhi, Indian, January 22, 2008 - Vishal Retail Ltd has announced that the Company has opened two new Showrooms in New Delhi and in Gurdaspur, Punjab.

Pantaloon Retail Announces Launch of Big Bazaar in Barrdhaman City | INRnews

Kolkata, India, January 22, 2008:  Pantaloon Retail (India) Limited, a part of the Future Group, announced on January 19th the launch of its flagship hypermarket retail store – Big Bazaar – in Barrdhaman city. With this launch the company has further enhanced its reach to the masses in Eastern India having 14 Big Bazaar stores, while for the country; the count goes upto 80 stores.

Big Bazaar Opens at Lee Road in Kolkata | INRnews

Kolkata, India, January 22, 2008 -  Pantaloon Retail (India) Limited, a part of the Future Group, further enhanced its reach to the masses in Kolkatta with the launch it’s one more flagship hypermarket retail store - Big Bazaar here at Lee Road on January 19.

Cosmos, The Siliguri Megamall Ushers In Lifestyle Change for Siliguri | INRnews

Siliguri, India,  January 22, 2008 - Future Group has announced the launch of ‘Cosmos, The Siliguri Megamall’ at 2nd Mile, Sevoke Road, opp. Electricity Board Office, Siliguri – 73400. Spread over an area of about 3 ½ lakh sq.ft., Cosmos Megamall caters to a wide spectrum of consumer needs, through a number of value and lifestyle stores (for apparel, electronics, home décor, accessories, footwear, etc), hyper markets, food court, restaurant & bar, gaming zone, wellness centre and a gymnasium. The mall houses over 75 retail stores including popular national chains of the Future Group, such as Big Bazaar (hyper market), Pantaloons (lifestyle apparel and accessories), Food Bazaar (food hypermarket), eZone (consumer durables and electronics store), Collection i (lifestyle furniture and furnishings), Depot (books, music and gifts store), Shoe Factory (foot wear store), Star & Sitara (beauty parlour), Talwalkar Fit & Active(gymnasium), etc.

January 21, 2008

Reliance Retail launches 6 new formats | INRnews

Mumbai, India, January 21, 2008 - The third quarter of FY 2007-08 was an eventful quarter for Reliance Retail. This quarter saw the launch of 6 new formats. The new formats launched by RRL this quarter are Reliance Trends, Reliance Footprint, Reliance Wellness, Reliance TimeOut, Reliance Jewels and Reliance Super. With the launch of the new formats, RRL now operates 9 different formats across India. Including the Reliance Fresh stores the company now operates over 465 retail stores across India.

Hindware forays in home interiors retail business | INRnews

Mumbai, India, January 21, 2008 - Hindustan Sanitaryware & Industries Limited (HSIL) has announced its ambitious plans to enter the organized retail sector with Home Interiors Specialty business. The company has incorporated Hindware Home Retail Private Ltd (HHRL) as a subsidiary of HSIL to spearhead the Group’s vision to evolve into a Total Home Solutions Enterprise and plans to invest Rs 250 crores over the next five years. HSIL is diversifying to capitalize on Home Interiors industry attractiveness in India considering growing urbanization & residential landscapes, changing consumer lifestyles, organized retail sector opportunities & the demand-supply scenarios. The vast Home Interior Solutions market opportunity size is estimated to be US$ 9 billion plus, with annual growth forecasts of 15-20% CAGR.

Indiabulls launches retail venture | INRnews

Mumbai, India, January 21, 2008 - Indiabulls Wholesale Services Ltd, the retail arm of the Rs-40,000  crore Indiabulls group has launched  42 stores across two retail formats-branded "Indiabulls Mart" and "Indiabulls Megastore", as part of its strategy to emerge as a leading player in the retail market.

L&T launches premium township project off Old Mahabalipuram Road, Chennai | INRnews

Chennai, India, January 21, 2008 - L&T South City Projects Limited (L&T SCPL) has launched “Eden Park” – an integrated township off Old Mahabalipuram Road, Chennai, on January 18, 2008.

Gurgaon gets second Reliance Retail minimart | INRnews

New Delhi, India, January 21, 2008 - Reliance Retail Ltd has announced the launch of its second Minimart ‘Reliance Super’ at LG-01, DT Mega Mall, DLF City, Gurgaon – 122002 Haryana. After the successful launch of the various formats - Reliance Fresh, Reliance Mart, Reliance Digital, Reliance Trendz, Reliance I store Reliance Footprint, Reliance Wellness, Reliance Jewels and Reliance Timeout, this is the tenth format of stores from Reliance Retail to be launched in India.

HDIL Plans 70 Acres Cybercity at Kalamaserry, Kochi | INRnews

Kochi, India, January 21, 2008 - Housing Development and Infrastructure Limited (HDIL), through its subsidiary, Blue Star Realtors Pvt. Ltd., announced its plans to inaugurate HDIL CYBERCITY at Kalamaserry in Kochi. HDIL CYBERCITY which will be spread across an area of 70 Acres of land, will be Kerala’s FIRST INTEGRATED IT Township, having, besides IT/ITES, Residential apartments, Villas, Schools, Shopping Malls, Multiplex, club house, service apartments and a Star Hotel.

January 14, 2008

Subhiksha to set-up mobile retail stores in Andhra Pradesh | INRnews

Hyderabad, India, January 14, 2008 - Supermarket chain Subhiksha is to set up stores to retail mobile products such as handsets, connections and accessories in Andhra Pradesh.

January 12, 2008

Reliance Retail launches footwear store - Reliance Footprint | INRnews

New Delhi, India, January 12, 2008 - Reliance Retail Ltd. launched the 3rd outlet of its speciality store “Reliance Footprint” at Star City Mall, Mayur Vihar, New Delhi after the successful launch of 9 formats, supermarket format “Relaince Fresh”, hypermarket format “Relaince Mart”, Minimart format “Reliance Super” and 5 speciality stores Reliance Digital, Reliance Trendz, Reliance Wellness, Reliance Footprint, Reliance Jewels and Reliance Time-Out.

December 28, 2007

Unity Infraprojects wins mall project in Kurla, Mumbai | INRnews

Mumbai, India, December 28, 2007 - Unity Infraprojects Ltd has announced that the Company has received the Letter of Intent from Offbeat Developers Pvt Ltd, Mumbai for Civil Construction Work for construction of Mall named Market City, at Kurla, Mumbai. The Contract Value of the Project is Rs 57.41 crores (Rupees Fifty Seven Crores and Forty One Lakhs Only) excluding the cost of concrete and it is to be completed within 15 months.