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PRANAB BARUA
Aditya Birla Group to buy Jubilant’s Total SuperstoreThe Aditya Birla Group has agreed to acquire Total Superstore, the retail division of Jubilant Agri & Consumer Products, for an undisclosed...
Amitabh Bachchan awarded with the Padma VibhushanBollywood megastar Amitabh Bachchan and Prince Karim Aga Khan were among the eminent personalities awarded the Padma Vibhushan, country's s...
Aditya Birla Retail incurs losses despite good salesCo, which runs 'More' supermarkets and hypermarkets, has an accumulated loss of 4,745 crore despite sales doubling in FY14
'Conditions for multi-brand retail FDI to create hurdles'Clauses such as foreign players requiring to make fresh investment in back-end infrastructure will take lot of time and create hurdles for ...
Kumar Birla, family to invest Rs 525 crore for retail ramp-upAditya Birla Group plans to invest Rs 525 crore in the group’s retail arm and raise its borrowing limit by Rs 2,500 crore to ramp up its bu...
Aditya Birla Group's retail head Pranab Barua targets $2 bn topline in 2 yearsPranab Barua lives by the advice of his first boss, the late CS Samuel, then chairman & MD of tea company Brooke Bond, now a part of Hindus...
- Birla makes $2 billion pitch in retail war, sets up clash with Tatas, Reliance
Kumar Mangalam Birla's acquisition of Pantaloons stores puts the 45-year-old billionaire in the reckoning for leadership in India's fashion...
- Spectrum sale can fetch government Rs 7 lakh crore in 10 years
Govt's attempts to repair its finances could get a shot in the arm with the proposed roadmap for the sale of spectrum that could net it at ...
- Aditya Birla Retail plans to shut down more than 3 dozen stores and lay off more than 150 staff
Birla Retail is busy identifying additional loss-making stores. New CEO Pranab Barua wants to right-size firm to drive it out of red.
Aditya Birla group chairman Kumar Mangalam Birla to invest Rs 400 crore more in retail post-slowdownKumar Mangalam Birla will fork out a small fraction of his personal wealth to rapidly ramp up operations of the food retail business.
- Aditya Birla Group Co Madura eyes Armani, Hackett tie-up
The latest developments reflect moves by Madura for a bigger presence in the expanding market.
- A new Madura Garments will be created in two years: Pranab Barua
Pranab Barua wears his brands on his sleeve. From Van Heusen to Allen Solly to Peter England and even international brands from luxury reta...
- Madura back in the black on cost controls, better margins
Aditya Birla Nuvo’s fashion retail business Madura Garments, India’s largest apparel maker, has turned cash positive after battling losses ...
- Co to restructure garment biz
Aditya Birla Nuvo is restructuring its retail garment business as it looks at saving at least Rs 100 crore through a slew of cost-cutting m...
- Co to restructure garment biz
Aditya Birla Nuvo is restructuring its retail garment business as it looks at saving at least Rs 100 crore through a slew of cost-cutting m...
- KM Birla rejigs top deck at fashion, retail biz to boost revenues
In a bid to boost revenues amid bleak consumer spending, Kumar Mangalam Birla has effected top-level management changes at the AV Birla gro...
- Trinethra lines up Rs 100 cr investment for retail play
Intensifying efforts for a larger retail play, food and grocery retailer Trinethra Super Retail (TSRL) has decided to focus on the supermar...