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V2 Retail May Target More Than 100 New Stores in FY26

Mint Bangalore

|

July 08, 2025

To sustain this momentum, the retailer has tightened sourcing and inventory controls

- Vaishnavi Kasthuril

V2 Retail Ltd is considering revising upward its target of opening 100 new outlets in 2025-26, after having already opened 26 stores in the first quarter alone. "We are well on track, so I think we've already opened 26 stores this first quarter," said Akash Agarwal, chief executive officer (CEO) of V2 Retail, which operated 189 stores across 20 states as of March 2025, in an interview with Mint. "Looking at the performance, we might increase that guidance," he added, noting that a final decision is still under discussion.

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Sri Lanka cyclone death toll at 355

Cyclone Ditwah brought the island nation’s worst floods in a decade when it struck on Friday.

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India's industrial output slows to 14-month low in October

India’s industrial production grew 0.4% year-on-year in October, its slowest pace of expansion in 14 months, as manufacturing decelerated, and mining and electricity output contracted, provisional data released by the Ministry of Statistics and Programme Implementation (MoSPI) showed on Monday.

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Crisil: Exports drive agrichem revenue

Buoyed by higher exports, India’s agrochemical industry is set to consolidate its revenues with a likely 6-7% growth this fiscal year, Crisil Ratings said in report on Monday.

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1 min

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Centre to sell up to 6% in Bank of Maharashtra

State-owned lender Bank of Maharashtra is likely to see a stake dilution as the government plans to divest up to a 6% stake through an offer for sale starting Tuesday.

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1 min

December 02, 2025

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Anil Ambani moves SC over fraud tag

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.

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1 min

December 02, 2025

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Lucrative offers for IIT graduates come with strings attached

extend thevalue that they bring foralonger period by preventing quick departures. That said, even these measures are successful only up toa point, rival firms buy them out with an even sweeter deal.”

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2 mins

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Maruti fumes at rivals on small car emissions debate

To make its case, the carmaker cited global norms on structured relief for compact cars

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2 mins

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What's the ideal policy response to China's tidal wave of exports?

Import barriers don't work but policymakers must still address its impact on domestic innovation, jobs and national security

time to read

4 mins

December 02, 2025

Mint Bangalore

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'Sebi to revamp master circular for stock exchanges'

The markets regulator is planning to revise the master circular for stock exchanges within the “next few months”, said Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India (Sebi), on Monday.

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1 mins

December 02, 2025

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GST growth cools, but Indians are spending more

government's strategy that cheaper essentials and mass-use items will raise demand as predicted by the Laffer Curve theory, the second official said, referring to the economic idea that moderate tax rates can boost economic activity and tax revenue.

time to read

1 mins

December 02, 2025

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