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Avery India appoints new chairman

Avery India, a leading electronic scale manufacturer and supplier of weighing machines and weighing automation, has named Andrew Caffyn as the new chairman of the company in place of Carl Cramer. The company made the announcement today in its...

Koutons Retail declares Q2 results

Apparel retailer Koutons Retail India in a filing to Bombay Stock Exchange, has announced its financial results for the quarter ended September 30, While the net profit of the company stood at Rs 194.6 million, the total income in...

Shoppers Stop announces Q2 results, cuts rights issue

Retail chain Shoppers Stop, in a filing to Bombay Stock Exchange (BSE), has announced its unaudited financial results for the quarter ended September 30. While the retail turnover of the Mumbai-based company stood at Rs 34,383.40 lakh, the net...

Healthy Q2 results for Gitanjali Gems

Gitanjali Gems, country’s pioneer in branded jewellery, has announced its financial results for the quarter ended September 30, 2008. The Mumbai-based company has logged a net profit of Rs 3519.92 lakh, an increase of Rs 834.52 lakh from its...

Vishal opens two showrooms in Haryana

In an effort to boost its presence in north India, Vishal Retail has announced opening of two new showrooms in Haryana. While the first showroom occupied an area of 5,286 square feet in Fatehabad Haryana, the other which is opened...

Retail stocks remain bear as Sensex goes red

Retail stocks continued to plunge on Tuesday as the Sensex dipped, losing 17 points, to close the day at 11783. The benchmark index of the Bombay Stock Exchange, the Sensex, after rising by over 379 points in the early session...

Sensex below 12,000, retail stocks crumble too

Opening on a weak note Monday morning, the equities plummeted on fears of major pullout of funds by foreign institutional investors (FIIs) even as worries escalated over recession in the US economy and an overall global slowdown. The sensitive index...

Welspun India to demerge divisions

Welspun India Ltd (WIL), part of the USD 3 billion Welspun Group, today announced a de-merger of its distribution and marketing and investment divisions into two separate companies at cost basis. As part of the restructuring, Welspun Global Brands...

Bombay Dyeing’s total income rises

Apparel manufacturer Bombay Dyeing & Manufacturing Co, in a filing to the Bombay Stock Exchange, said that its total income rose to Rs 335.06 crore in Q1 of FY’08 from Rs 133.58 crore in the same period last year. However,...

C Mahendra Exports plans public offer to set up retail outlets

C Mahendra Exports Limited, the flagship company of C Mahendra Group, an integrated diamond and diamond jewellery player, has planned to enter the capital markets with a public issue of 13,000,000 equity shares of Rs 10 each, for funding...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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