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METRO AG CEO
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...- Stocks in news: Oriental Carbon, Maruti Suzuki, IndiGo, Texmaco Rail, WiproOriental Carbon saw Bank of America buying shares. Maruti Suzuki is adjusting its e VITARA production. IndiGo is launching flights to Almat...
- METRO AG completes sale of its Indian operations to Reliance RetailMETRO AG has completed the sale of its Indian operations, including all 31 wholesale stores and the entire real estate portfolio (6 store-o...
- Metro AG global CEO Steffen Greubel hints at exiting IndiaThe German wholesaler grew its Indian business by 21% to $982 million during the year ended September, as per its latest annual report. Las...
- After 19 years, Metro plans to cash out of India business for $1.5-1.75 billionMetro has been operating its nationwide chain of 31 cash-and-carry stores since 2003 but intense competition and large investments to susta...
- Metro AG reviewing cash & carry business in IndiaMetro has appointed consultancy firm Bain & Company to identify options and the final decision is likely to be taken in the next two to thr...
- Wipro to acquire cybersecurity consulting provider Edglie for $230 millionThe acquisition of Edgile, which offers consulting services for cybersecurity risk and compliance, information and cloud security, and digi...
- Wipro to invest $1 billion in cloud businessThe company also announced the launch of ‘Wipro FullStride Cloud Services’, a portfolio of services that will help it offer comprehensive c...
- 75F raises USD 5 mn from Siemens AG, taking the total Series A funding to USD 28 mnHenning Sandfort, CEO of Building Products at Siemens Smart Infrastructure said: "This investment signals a broader industry shift toward e...
- BHEL ties up with SwissRapide AG to bring Maglev high-speed trains to IndiaThe Maglev Rail system hovers in the air instead of rolling, due to magnetic levitation, thus the vehicles have no physical contact with th...
- Metro Cash & Carry partners ePayLater to digitise kirana storesThrough this app, kirana shop owners can digitally track their daily and monthly sales, manage inventory, place orders with Metro and pay d...
- Metro Cash & Carry India sales up 16% to over Rs 6K crore in FY'17At present, the company operates 24 stores across the country in cities including Bangalore, Hyderabad, Mumbai, Delhi, Kolkata, Jaipur and ...
- Siemens to electrify Gujarat Metro Link ExpressThe Metro rail system has proven to be most efficient mode of transportation in terms of energy consumption, space occupancy and number of ...
- 'Ease of business ranking improvement to help investments in India'The recent policy initiatives including demonetisation and GST are driving a positive overhaul of the economy, said the executives from Nes...
- Metro AG to split its India ops for sharpening focusThe Düsseldorf-based group has identified India as one of its “focus expansion countries” alongside Russia, China and Turkey and will take ...
- India a land of great opportunities, Narendra Modi to top German CEOsModi, who flew down to this German city after his two-day visit to France, also unveiled a bust of Mahatma Gandhi at the City Hall.
- Metro, Ikea chiefs to meet Anand Sharma this weekHeads of global retail majors, Metro and Ikea, will meet Anand Sharma in St Petersburg this week to discuss investment prospects in India.
- Metro, IKEA chiefs may meet Anand Sharma in Russia this weekCEOs of Germany's Metro AG and Sweden-based IKEA are likely to meet Commerce and Industry Ministry Anand Sharma in Russia this week.
- Metro to sell Makro to Booker Group as retailer leaves UKMetro AG agreed to sell its Makro wholesale unit to Booker Group Plc for 139.7 million pounds in cash and stock as Germany's biggest retail...
- InterGlobe, Dufry tie up to bring 'Hudson News Cafe' to IndiaAviation group InterGlobe has tied up with Switzerland-based Dufry International to establish and operate retail outlets under the brand Hu...
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