Will Kishore Biyani's big gamble work?

Future Group founder Kishore Biyani has planned a 50:50 venture with the family investment vehicle of Hong Kong-based billionaire Victor K Fung, for imports and wholesaling.The joint venture will be outside Future’s listed entity, Pantaloon Retail, and be part of Future’s investment vehicles, sources said.The venture is to operate large wholesale markets on the lines of the YIWU market in China and Dragon Mart in Dubai, and to import products from China and other Asian countries and ...

HOUSTON--(BUSINESS WIRE)-- Lowfoot, Inc. (www.lowfoot.com), was recently recognized for its unique software technology that enables energy providers to improve customer engagement through sharing smart meter data in an interactive format, including ...

Source: JT Long of The Gold Report (5/15/13) Europe, says James Turk, founder and chairman of GoldMoney, is in the midst of two crises-one in the banking sector, the other related to economic activity, and capital is needed to solve both. As to the ...

The Sacramento Kings will stay the Sacramento Kings for the foreseeable future, after the current owners, the Maloof family, reached an agreement with a group of investors determined to keep the franchise where it currently is, according to reports.

SAN FRANCISCO—Ashish Thakkar, founder of the Mara Group, is in town—and it's not going unnoticed. A plane pulling a banner saying It is time for Africa! is flying over silicon valley for six hours today. Thakkar, 31, who started his first ...

Lenovo Group Limited (ADR) (NASDAQOTH:LNVGY) acquired IBM's personal computer business in 2005 for $1.25 billion, instantly skyrocketing the Chinese computer maker to the #3 spot in worldwide computer production by volume . A big part of that deal ...

A student who founded a feminist society at her university and was verbally attacked by a "men's rights" group has described the abuse as "deeply repulsive". Alex Wilson, an undergraduate and president of the University of York Feminists group, was ...

It has emerged that Mike Presneill, one of the founders of TransAction - the protest group that was at the heart of the strikes staged over high fuel prices in 2000 and 2008 has sold his haulage business and retired from the industry. The Isle ...

Relateret indhold 15:14 - U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH 16 May - DDR to Buy Shopping Centers in $1.46 Billion Deal 14 May - Icahn, Southeastern Name 12 Board Candidates for Dell A consortium led by U.S. private equity firm Blackstone ...