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DNA Explainer: IKEA to open store in Noida - Interesting facts about world's largest furniture company

DNA Explainer: IKEA to open store in Noida - Interesting facts about world s largest furniture company
IKEA opened its first store in India in 2018 in Hyderabad followed by the one in Mumbai in 2020.
(Image Source: File Photo)
Updated: Feb 20, 2021, 05:44 PM IST
IKEA, the largest furniture and home applications company of the world, is investing Rs 5500 crore in the northern state of Uttar Pradesh during the next five years. Starting with Noida, IKEA plans to open at least three major outlets in Purvanchal and Central UP. The plans for other outlets will be finalized with the opening of Noida Centre.
The furniture giant was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida s Sector 51. The Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, according to reports. ....

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Lured with offer to work in Canada, Noida-based techie loses Rs 9 lakh to cyber fraudsters

Updated Feb 20, 2021 | 15:50 IST
A Noida-based engineer was cheated of nearly Rs 9 lakh by cyber fraudsters on the promise of getting him a job in Canada.
Techie duped with the offer to work in Canada [Representative image] | Photo Credit: iStock Images
Key Highlights
The techie began looking for a job abroad during the lockdown.
He received a call from one Trisha Watson claiming to be a representative of a Canada-based firm.
Based on the techie s complaint, the police have registered a case under Section 420 (cheating) of the Indian Penal Code and Section 66 of the Information Technology Act.
Noida: A software professional, based in Uttar Pradesh’s Noida near Delhi, has registered a complaint with the local police, alleging that cyber crooks defrauded him of around Rs 9 lakh under the pretext of providing him employment in Canada. ....

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IKEA Gets About 50 000 Sqm Land For Facility In Noida UP Govt Gets Rs 850 Cr

BW Businessworld
IKEA Gets About 50,000 Sqm Land For Facility In Noida; UP Govt Gets Rs 850 Cr
The company is expected to invest Rs 5,000 crore in Noida in seven years, Noida Authority CEO Ritu Maheshwari said that officials estimate job creation for 2,000 persons due to the project.
Photo Credit :
IKEA was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida where the Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, according to officials.
The allotment, which has been made in Sector 51, was transferred by the Noida Authority that received Rs 850 crore from IKEA for the commercial land, they said. ....

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IKEA plans to open shopping mall in Noida, its first in India

IKEA plans to open shopping mall in Noida, its first in India
FILE PHOTO: The IKEA logo is seen on shopping carts inside the new IKEA store in Navi Mumbai, India, December 17, 2020. REUTERS/Francis Mascarenhas/File Photo
(REUTERS)Premium
. Updated: 19 Feb 2021, 01:27 PM IST Agencies
IKEA, which opened its first store in India in 2018 in Hyderabad followed by one in Mumbai in 2020, said it would develop the new site into a mall anchored by an IKEA store
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Swedish retailer IKEA plans to open its first shopping centre in India after the furniture giant s shopping centres business - one of the world s largest - said it had bought a 48,000-square-metre plot in the city of Noida on the outskirts of Delhi. ....

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IKEA to invest ₹5,500 cr to build mall in Noida - The Hindu BusinessLine

‘Acquisition of 47,833 sq. m plot, amilestone in Ingka Centre’s vision’ ....

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