Bollywood actress Katrina Kaif has replaced Aishwarya Rai Bachchan as the brand ambassador of Gitanjali Group's Nakshatra range of diamond jewellery.

Indian real estate major Parsvnath Developers Ltd has announced its foray into India's growing organized retail market.

India's leading denim and apparel maker Arvind Mills Ltd has called off its joint venture with Diesel BV, saying the deal restricted the future expansion plans of both the companies.

Kolkata-based RPG Group's retail arm, Spencer's Retail has announced a tie-up with British retailer Woolworths Plc for exclusively selling its famous toy brand Chad Valley through its outlets.

Aditya Birla Group is set to inject Rs.400 crore ($95 million) in its apparel retail business and aims to become one of the top three apparel retailers in India within the next 3-5 years.

Sony punctuated its recovery by swinging to a profit for the January-March quarter from a loss a year ago on its way to a record performance for the fiscal year as it reduced losses from its PlayStation 3 video game business.

RPG Group company Spencer's Retail has laid out an ambitious expansion plan, seeking to invest Rs.1500 crore ($375 million) in rolling out 250 retail stores during the current fiscal year and entering business tie-ups with international firms in various product categories in the next six months...

Anil Dhirubhai Ambani (ADA) Group company Adlabs Films Ltd has signed a definitive agreement that will enable it to acquire a controlling stake in Malaysian cinema theater chain for an undisclosed sum, marking its maiden foray in South-East Asia.

Lee Kun Hee, the chairman of Samsung Group and the most prominent businessman in South Korea, abruptly resigned introducing a dramatic twist in the ongoing corruption investigation inside the company that defines the South Korean economy.

Expedia Inc., the world's leading online travel company, has announced its entry into India with the launch of expedia.co.in (http://www.expedia.co.in).

Gibson Guitar said on Friday that it filed a patent infringement lawsuit against Viacom Inc's MTV networks and Harmonix as well as Electronic Arts relating to the wildly popular "Guitar Hero" video games.

The retail arm of Aditya Birla Group, Aditya Birla Retail Ltd (ABRL) has announced plans of investing Rs.250-300 crore to expand its retail business and set up at least a dozen hypermarts across the country under the brand name More Megastore in the coming financial year.

Faten Saad knew she wasn't in a typical Wal-Mart when she saw an end-of-the-aisle display featuring Mamool.

PVR Ltd. entering into a JV (joint venture) with Major Cineplex Group, a Thailand based movie theatre operator, is bracing up to broaden its service offerings by bringing novel lifestyle entertainment concepts to the Indian consumers in addition to its multiplexes.

Indian farmers and traders, opposed to the entry of private retail giants such as Wal-Mart, are building a chain of superstores as part of efforts to sell their produce directly and stop prices being set by a few big players.

India’s most respected business conglomerate, the Tata Group has demanded a public apology from the US-based luxury hotel chain operator Orient-Express Hotels Ltd. which has spurned its advances for a strategic alliance for the second time.

From low-flow water faucets to converting French fry oil to fuel, McDonald's Corp is testing ways to reduce the impact its 31,000-plus restaurants have on the world's resources.

Microsoft Corp expects to sell more Xbox 360 consoles in 2008 than in 2007, with Europe standing out as a key battleground for dominance in the $30 billion video game industry.

Hospitality company Mahindra Holidays & Resorts Ltd said on Friday it may consider a pre-IPO sale of 2.5 million shares by end-January.