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iStreet Network to set up outlets to supplement Digital and e-Commerce project

23 Sep 2013 Evaluate

iStreet Network (formerly Principal Pharmaceuticals & Chemicals) has received an approval for setting up network outlets across India to supplement Digital and e-Commerce project of the company. The board of director at its meeting held on September 21, 2013 has approved for the same.

In its first phase, the company plans to set up 200 such network outlets starting from the state of Gujarat. The first phase is expected to go live before the close of FY 2013-14.

The company shall be launching initially Consumer Electronics category for Mobile, Tablets, Accessories, Computer Peripherals etc. The company also intends to have tie-ups with media companies in order to promote business of these network outlets.

iStreet Network Share Price

51.84 1.74 (3.47%)
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