Morgan Stanley
India | Friday, 5 December 2008

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Retail Articles

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21. Marks & Spencer beats forecasts, launches £1 billion share buyback
Marks & Spencer, unveiling a forecast-beating set of half-year results, announced a £1 billion ($2.08 billion) share buyback on Tuesday and announced a major push into China and India.
07 Nov 2007
22. Merkel asks India to do more on climate change
German Chancellor Angela Merkel urged India, one of the world's biggest polluters, to do more to combat climate change on Tuesday, saying her country was willing to help New Delhi make progress.
31 Oct 2007
23. Bombay Rayon plans JV to launch global brands in India
Apparel exporter Bombay Rayon Fashions Ltd plans to form a joint venture to bring international clothing brands to India, a top official said.
23 Oct 2007
24. Reliance Retail, Citigroup in finance JV: Report
India's Reliance Retail Ltd, a subsidiary of Reliance Industries Ltd, is entering a joint venture with Citigroup for a non-banking finance company in India, the Economic Times paper said on Monday.
16 Oct 2007
25. Reliance eyeing acquisitions, rural push
Reliance Industries Ltd plans to invest $8 billion to $9 billion over three to four years at its petrochemical and refining complex in Gujarat, Chairman Mukesh Ambani said.
12 Oct 2007
26. Mahindra Group to enter retail sector
Mahindra Retail will roll out a chain of multiple-format lifestyle stores across the country, starting in a year's time.
11 Oct 2007
27. Indiabulls to raise $581 million for retail, power foray
India’s leading real estate developer Indiabulls Real Estate Limited (IREL) has announced that its board had approved raising $581 million (Rs.2322 crore) through an issue of up to 43 million fully convertible warrants to fund its foray into retail and power sector.
10 Oct 2007
28. Reliance cuts troubled retail plans further
Reliance Industries Ltd has ended the services of about 400 franchisees for its planned retail operations in West Bengal and has shelved a rollout in Orissa because of protests from small traders.
03 Oct 2007
29. Bombay Dyeing plans $15 million spend to revamp retail outlets
India's leading textile manufacturer, Bombay Dyeing and Mfg Co. Ltd., has announced a capital injection of $15 million (Rs. 60 crore) over a period of three years towards revamping its 450 retail outlets nationwide.
19 Sep 2007
30. Reliance acquires African fuel retailer
Reliance Industries (RIL), India's most valuable company in terms of market capitalization, has acquired a majority stake in Mauritius-headquartered Gulf Africa Petroleum Corporation (GAPCO), a petroleum distribution company with a significant presence in East Africa in the petroleum downstream sector, becoming the first Indian company to buy petroleum retail assets outside India.
06 Sep 2007
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