Big Grid

Capital markets regulator SEBI barred billionaire Kishore Biyani and related enterprises of his Future Group from accessing the securities market for a year. SEBI said that it reached the decision on Biyani after probe into use of unpublished price sensitive...

The pandemic period has been a testing time for retailers and the mall developers not only from the business, revenue and footfalls perspective but from consumer behavior as well. Due to COVID-19, the industry is witnessing a series of...

The pandemic period has been a testing time for retailers and the mall developers not only from the business, revenue and footfalls perspective but from consumer behavior as well. Due to COVID-19, the industry is witnessing a series of...

In an interim order, the Delhi High Court directed Kishore Biyani-led Future Retail to maintain status quo on the Rs 27,513 crore Future Retail-Reliance deal until 'the pronouncement of the reserved order'. The court blocked the sale of a swathe of...

Jeff Bezos will step down as Amazon CEO and become the company's executive chairman in the third quarter of this year. Amazon Web Services' (AWS) founder Andy Jassy will become Amazon's next chief executive officer. Bezos will become Amazon's executive chairman...

The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2% extra tax on foreign e-commerce companies whether engaged in business of sale of goods or providing services, acceptance of offer for sale, placing of...

The Clothing Manufacturers Association of India (CMAI) the apex association of the Apparel Industry of India has welcomed Union Budget 2021, which was presented in the Parliament by Hon’ble Finance Minister Smt Nirmala Sitharaman. Rajesh Masand, President, CMAI said that...

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

Fabindia and Hidesign announce the launch of their first ever joint location store at Pondy Bazaar, T Nagar, the vibrant commercial hub of Chennai, which is part of smart city project and one of the principal shopping districts of...

Multiplex operator PVR Ltd has raised Rs 800 crore by issuing shares to a set of investors through qualified institutional placement (QIP). The QIP witnessed an allotment of over 55.55 lakh equity shares to eligible qualified institutional buyers (QIBs) at a price...

Gold and silver jewellery will become cheaper in the country ahead of the upcoming wedding season with finance minister Nirmala Sitharaman reducing import duty on gold and silver to 7.5% from 12.5% in the Union budget. Besides bringing relief to the consumers, the move would make Indian jewellery more competitive in...

According to Kumar Rajagopalan, CEO, Retailers Association of India (RAI), Budget 2021 is growth-oriented, well balanced and progressive. "Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back...

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

A provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman. "We have taken a number of steps to support the MSME sector in this budget....