Ikea parent Ingka says 7,500 employees of the current 160,000 across 30 markets globally may become redundant
2 min read22 Nov 2018The idea is to showcase its products in one apartment in one project, similar to what developers usually do by creating sample apartments to attract buyers
2 min read2 Nov 2018Ikea will invest 1,000 crore for its 500,000 sq. ft Bengaluru outlet, which is expected to open in the summer of 2020
1 min read12 Oct 2018Ikea's first India store in Hyderabad that opened today is a milestone which has been more than a decade in the making. Here's a look back
2 min read9 Aug 2018At Ikea's Hyderabad store, which opens tomorrow, the Swedish furniture maker's best-selling Billy bookcase will be available for 3,990a fifth of the original priceand Ektorp sofa 30% cheaper at 21,990
2 min read8 Aug 2018India's first Ikea store in Hyderabad's Hitec City contains some 7,500 products, of which about 1,000 will sell for less than ₹200 apiece
4 min read8 Aug 2018Ikea has already invested 1,000 crore for its Hyderabad store and aims to reach 200 million customers in India in the next three years
1 min read8 Jul 2018Ikea had in 2014 said it would invest 10,500 crore to set up 25 stores across India over 10 years, but has already spent 800 crore just to set up its first store in Hyderabad
1 min read29 Jun 2018Ikea India has acquired 14 acres of land from Bangalore Metro Rail to set up its Bengaluru storeits third in the country after Hyderabad and Mumbai
2 min read1 Jun 2017Jesper Brodin will replace Peter Agnefjall as Ikea's new CEO from 1 September to drive the Swedish furniture firm's Asia expansion plans and online growth
2 min read25 May 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared