Big Bazaar
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Opportunity India Desk Jun 13 2022 - 3 min readThe National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon's plea challenging the decision of fair trade regulator Competition Commission of India (CCI) to suspend the approval for the e-commerce major’s deal with Future Coupons. It also slapped a fine of INR 200 crore to Amazon for non-disclosure of relevant information on combinations under ...
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Opportunity India Desk May 23 2022 - 3 min readThe E-commerce major Amazon has accused Future Retail’s independent directors of ‘facilitating’ alienation and transfer of the latter’s 835 retail stores in favour of Reliance Retail. These stores — both large-format such as Big Bazaar and small-format such as Easy Day and Heritage Fresh — were transferred in the teeth of binding injunctions and court ...
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Franchise India Bureau Feb 05 2019 - 1 min readConsumer durable brand Lloyd, owned by Havells India, will be foraying into India's Rs 15,000 crore refrigerator market in the next 1-1.5 years. The company will be boosting its consumer durables portfolio by entering this market. Havells is expecting its non-AC portfolio to grow and contribute around 50-60% of the revenue from the Lloyd business. Anil Rai Gupta, ...
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Franchise India Bureau Jan 04 2019 - 1 min readDrug major Sun Pharma has completed the acquisition of Japan-based Pola Pharma in order to strengthen its presence in dermatology segment across the globe. Pola Pharma is engaged in the manufacture, research and development, sale and distribution of branded and generic products in Japan. Sun Pharma’s BSE filing stated, "Sun Pharma has completed all the necessary formalities, ...
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Franchise India Bureau Nov 14 2018 - 1 min readSpar Oman has declared a comprehensive strategic partnership with Sri Sri Tattva, one of the leading brands in the health and wellness space in India. This partnership will enable Spar Oman to offer its customers high-quality products across multiple categories like Personal Care, Health Care and Food in 8 stores of Spar in Muscat Sultanate ...