28 November, 2005

Watch these!

Few business deals which caught my attention. These are worth to watch out for its success in future.

[+] Sivasankaran (Aircel) bought 65.4 percent equity stake in Barista, the coffee-pub chain from Turner Morrison for mere Rs.30 crores. He exits ISP field with no-profit, no-loss. He sold Dishnet DSL for Rs.270.

[+] Deccan chronicle bought the odyssey, the retail chain in chennai. Odyssey has three stores here. They are onto life style retailing. Now odyssey has included cafe in their units and expanding rapidly in chennai

[+] RPG group to launch Spencers hypermarket stores. Hypermarkets are similar to Sam's club (WAL- MART). RPG re-introduced spencers brand for these ventures. You might be aware RPG has Food world chain of retail stores in India. RPG's organized retailing started with one-store in one-city style. Foodworld opened a center in chennai. Now it has 89 stores. Revenue estimates are at Rs.750 crores. I heard about few RPG ventures, but the list is surprising. Few great brands are part of RPG kit. Ceat tyres (flagship co.), RPG, Zensar Technologies, Food world, spencers', Music world, Health & Glow, sare-gama, ... http://www.rpggroup.com/

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