European shares struggle for direction ahead of ECB's inflation surveysEuropean shares were subdued as investors awaited inflation surveys for insights on the ECB's monetary policy, with Germany's DAX up 0.2% p...
28 May, 2024, 01.23 PM IST
Metro AG will sell its India business only if it gets the desired valuation"At the moment, talks with Reliance Retail and Thailand's CP Group are ongoing, but Metro won't do a distress sale or sell at a price lower...
17 Oct, 2022, 07.11 AM IST
Reliance may have an edge in race for Metro IndiaOne of the people said while the CP Group is still in the fray, there are chances Reliance may be the only one to place the final bid, whic...
15 Oct, 2022, 12.57 AM IST
RIL makes Rs 5.6k-crore initial offer for Metro Cash & Carry India; CP Group bids Rs 8k croreOne of the persons aware of the development said German parent Metro AG is concerned about the regulatory environment in India and the ‘swa...
29 Aug, 2022, 11.51 AM IST
RIL, CP Group, Lightspeed in fray for Metro's India businessThe balance is tilted in favour of Reliance as of now since Metro wants a quick exit and does not want any regulatory hurdle which could co...
26 Jul, 2022, 04.02 AM IST
Metro Cash & Carry to cover COVID-19 vaccination cost for staffersThe company has decided to cover the COVID-19 inoculation cost of over 14,000 direct and indirect employees, including contractual staff, s...
18 Mar, 2021, 09.11 PM IST
Puma goes for solo ride in India, acquires local partner Knowledge Fire’s stake in joint ventureWith the acquisition of the partner’s 49% stake, Puma also inherits a network of about three dozen companyowned outlets, a person aware of ...
17 Aug, 2016, 02.24 AM IST
Metro Cash and Carry poaches Walmart's Arvind Mediratta for India MD postMetro Cash and Carry has poached Arvind Mediratta from Walmart Stores Inc as the new India managing director of the German wholesale retail...
22 Jan, 2016, 02.06 PM IST
Metro Cash & Carry to open second wholesale outlet in Delhi's SeelampurThe new wholesale centre, which was originally home to Delhi operations of French retailer Carrefour, will be the company’s 19th outlet in ...
13 Oct, 2015, 04.25 PM IST
'German companies keen on India multi-brand retail business'A few German companies are keen on entering the multi-brand retail business in India and their proposals are being examined, a visiting dip...
01 Nov, 2012, 06.10 PM IST
- Post-nod to FDI in retail, Metro Cash and Carry wholesale to catch up on Bharti Walmart in Punjab
German wholesale retailer Metro Cash & Carry India is set to launch its next store at Zirakpur near Chandigarh by the next month.
16 Sep, 2012, 08.38 PM IST
- Metro to invest euro 100 mn in India, eyes 50 stores soon
German wholesale giant Metro Group plans to invest over 100 million euros (about Rs 650 crore) in India as part of strategy to spread footp...
27 Jan, 2012, 10.20 PM IST
- Bharti Wal-Mart eyes West Bengal
Bharti Wal-Mart is exploring all options to enter West Bengal shortly. The company believes there is huge business potential for a cash-and...
02 Jun, 2009, 12.14 AM IST
- Germany's Metro Cash & Carry to focus on private labels for hospitality industry in India
German wholesaler Metro Cash & Carry India, which is targeting hotels, restaurants and catering companies (HoReCa) as prime customers, has ...
17 Mar, 2009, 02.41 PM IST
- Metro Cash & Carry plans tie-up with FIs to lend to customers
German wholesaler Metro Cash & Carry plans to team up with financial institutions in India to offer credit facilities to customers.
04 Dec, 2008, 01.10 AM IST
- Metro signs up 65,000 clients in a month
Not even a month has elapsed since Germany’s Metro Cash & Carry received its crucial APMC licence from WB Govt. But the co has already sign...
30 Oct, 2008, 05.01 AM IST
- Metro Cash & Carry fate in Kolkata hangs on Forward Bloc
German wholesale giant Metro Cash & Carry has hit a political roadblock in the opening of its first outlet in Kolkata with Left Front const...
19 Sep, 2008, 07.29 PM IST