Spotlight

Future Retail has a debt of around Rs 30,000 crore and the company is going through corporate insolvency resolution process (CIRP) New Delhi: The lenders of debt-ridden Future Retail Ltd (FRL) have received six bids from prospective buyers by May...

Manish Chopra took to LinkedIn to announce his departure. However, he will help in the transition over the next few weeks New Delhi: Meta's director and head of partnerships in India Manish Chopra has quit the company. He joined the social media...

The merged entity is operating 361 cinemas with 1,689 screens across 115 cities by the end of FY23 in India and Sri Lanka New Delhi: Leading cinema exhibitor PVR INOX plans to close around 50 loss-making screens, having an accelerated...

Bata, Croma, and Bestseller Among those who took home the coveted IMAGES Retail Awards trophy Mumbai: The IMAGES Retail Awards of the year were held at the Jio World Convention Centre, after a magnificent fashion show by Mufti on 12 May 2023. The ceremony...

PVR Inox Ltd posted a net loss of Rs 105.49 crore in the January-March period a year ago New Delhi: Leading cinema exhibitor PVR Inox Ltd (earlier known as PVR Ltd) on Monday reported a consolidated net loss of Rs 333.99...

As per the deal, ABFRL will acquire TCNS Clothing's founding promoter's stake through an SPA and a conditional public open offer followed by a merger between the two entities New Delhi: Aditya Birla Fashion & Retail Ltd (ABFRL) on Friday announced...

The company will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT IPO and this includes fresh issue of units worth up to Rs 1,400 crore and an offer for...

Speaking at Apple's Q2 2023 earnings call on Thursday, Cook emphasised the dynamism and vibrancy in the Indian market, calling it "unbelievable" By Yoshita Singh New York: India is at a "tipping point" and a major focus for Apple, the technology...

India's smartphone market is expected to see flat growth in 2023 New Delhi: Smartphone shipments in India declined 16 per cent year-on-year in the January-March quarter to 31 million units, market research firm IDC said on Thursday. Realme and Xiaomi shipments recorded...

  To be hosted at the Lulu Global Mall from 5 to 7 May, the event is presented by American clothing company Levi’s in association with Flying Machine, a homegrown denim brand owned by Arvind Mills’ garments division Bengaluru:  Lulu Fashion Week (LFW) 2023...

This will be part of the company's plan to hire 5,000 people in the next three years as it aims to double store count from 170 outlets at present and enhance presence New Delhi: Connaught Plaza Restaurants, the licensee of...

Funds will be utilised to acquire long-term licenses of international fashion and lifestyle brands and expand the company’s proprietary technology stack  Bengaluru: E-commerce solution provider Ace Turtle has raised $34 million (Rs 293 Crore) as part of its Series B funding,...

The new fulfillment centre was inaugurated virtually by KT Rama Rao, Minister for IT and Industries in the presence of Jayesh Ranjan, Principal Secretary (IT) and Kalyan Krishnamurthy, chief executive officer, Flipkart Group Hyderabad: E-commerce giant Flipkart on Tuesday launched...

The properties include Worldmark Aerocity (Delhi), Worldmark 65 and Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana) New Delhi: Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercial properties, including...