Aditya Birla Retail Archives - Inside Retail Asia

Samara Capital and Amazon buy More India

Samara Capital, a private equity company, has teamed with Amazon to buy Indian grocery retailer More from Aditya Birla Retail.

Aditya Birla makes More with Total

India’s Aditya Birla will buy rival hypermarket chain Total to add to its More network.

Investment firms eye Indian retailer

Asian investment firms, including Singapore’s Temasek, are eyeing 30 per cent of Indian retailer Aditya Birla. The investors, which also include L Capital, the investment arm of LVMH Group, and International Finance Corporation, a unit of World Bank, are reportedly in advanced talks to buy a minority stake in Aditya Birla Retail, whose portfolio includes Madura Fashion and Lifestyle and Pantaloons, for $400 million – $500 million. Aditya Birla plans to use the fund to expand its retail net…

Shoppers Stop unstoppable

India’s large format department store chain Shoppers Stop ramps up expansion.

Indian retailer shrinks network

Aditya Birla Group shuts down unprofitable stores.