Coffee Day
Beverages
Coffee Day Global settles debt issue with IndusInd Bank; NCLAT sets aside insolvency proceedings
PTI -
The counsels representing CDGL and IndusInd Bank informed the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw the insolvency litigations
New Delhi: Coffee Day Global Ltd (CDGL) and its financial creditor...
Food & Beverage
Coffee Day audit lapses: NFRA slaps Rs 1.15 cr fine on 2 auditors, 1 audit firm
PTI -
The case pertains to the diversion of funds worth Rs 3,535 crore from seven subsidiary companies of CDEL to MACEL
New Delhi: The National Financial Reporting Authority (NFRA) has imposed a ban and penalties totalling Rs 1.15 crore on three entities,...
Food
Blackstone Group’s Rs 2,700 cr deal to buy Coffee Day techpark
IANS -
Blackstone Group along with Salapuria Sattva Group has signed a definitive agreement to purchase the Global Village TechPark of debt-laden Coffee Day Enterprises' subsidiary Tanglin Development Ltd at an enterprise value of Rs 2,700 crore.
"The board has approved and...
Fashion & Lifestyle
Smiling Baby Opens in Chennai
Smiling Baby, all new specialised retail store for kids has recently opened in Adyar, South Chennai. The store caters to a niche market starting from the new born to the age group of 6 years.
Spread over 1,600 sq.ft., the...
Shopping Centres
We strongly believe in FEC concept based malls – a sure-shot mantra to run successful malls.”
Omaxe has been part of the retail real estate vertical since 2002, when they opened their first mall in Gurgaon, Sohna Road. This was shortly followed by the construction of many more malls in the country, taking the number...
Shopping Centres
Rise of Sri Ganganagar on India’s retail map
The predictions by observers and experts on the retail industry are finally coming true. The non-consequential and dormant small cities of India are rising to the call of consumerism. The journey, which began with metro cities in the country,...
Retail
Images East India Retail Awards (EIRA) 2012 announced!
The Images East India Retail Awards 2012 powered by Forum Projects were announced last night at the East India Retail Summit, which began in Kolkata yesterday, amidst a lot of pomp-and-show. The enchanting award ceremony was held at ITC...
Retail
Images Group to organize East India Retail Summit 2012 on Jan 11, 12
A two-day East India Retail Summit (EIRS) 2012, organized by Images Group, will be held in Kolkata on January 11 and 12 at ITC Sonar, inviting a gathering of national and regional retailers. East India, which has been for...
Retail
Seasons mall, Pune to become operational in April, 2012
Seasons mall, Pune will become operational on April 4, 2012. Developed by Magarpatta Retail with an investment of Rs 450 crores, the mall will spread across a total built up area of 1.5 mn sq.ft. and a gross leasable...
Retail
Indiaplaza appoints S Shriram as SBU Head – lifestyle division
Indiaplaza.com, an online shopping portal, has appointed S Shriram as the SBU head for lifestyle division. He will be responsible for building the lifestyle business including men’s, women’s, and kid’s apparel and accessories; jewelry; watches; sunglasses; and home furnishing...
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Latest News
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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