Toys ‘R’ Us now in India – via Reliance Retail – who’s next in Indian Toy market ?
By Manoj Govindassamy at 10 October, 2010, 12:00 pm
Having understood the huge tapped market, few retail players like Reliance Retail (which runs Reliance Fresh, Reliance Digital, Reliance Footprint, Reliance iStore, dozen others …) and Future Group (which runs popular ones like Panataloons, Big Bazaar, eZone ..) are in expansion spree – opening more of its retail units and getting more foreign brands to country. …The retail group clocked in over Rs. 4500 crore as revenues in the last financial year and Mukesh in his recent annual general meeting hinted on massive retail investments and making it a value creator for the Reliance Group…
Read More >>Reliance buys stake in Deccan 360 – Air Cargos & Logistics pick up steam
By Manoj Govindassamy at 19 April, 2010, 5:23 am
By acquiring more than 26% in Deccan 360, RIL seems to be exploring the high potential of logistics business, especially in air cargo to strengthen its retail business, where it is gaining more attraction…. So, this move by RIL will be an easier way of strengthening the retail business by outsourcing all services to Deccan 360 instead of setting up own logistics business and team..
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