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Boat touches Rs 4,000 crore net sales mark for FY23

The company has made significant investments in the local Indian manufacturing ecosystem, with most of its audio and wearables products now being manufactured in India New Delhi: Audio and wearables brand Boat on Thursday said it has reached a net...

Highdell Investment sells 2.26 pc stake in Kalyan Jewellers for Rs 256 crore

Following the deal, shares of Kalyan Jewellers plunged 9.06 per cent to settle at Rs 107.9 on the National Stock Exchange (NSE) New Delhi: Highdell Investment, which is owned by private equity major Warburg Pincus, on Tuesday divested 2.26 per...

Warburg Pincus sells 2.49% stake in PVR for Rs 380 crore

Warburg Pincus sold the shares in PVR through its affiliate Berry Creek Investment Ltd New Delhi: Private equity company Warburg Pincus on Monday divested a 2.49 per cent stake in multiplex-chain company PVR for Rs 380 crore through the open market...

Kalyan Jewellers raises Rs 351.89 crore from anchor investors ahead of today’s IPO

Kalyan Jewellers India, the country's second-largest jeweller after Titan, wants to raise Rs 1,175 crore through an initial public offer (IPO) of shares. The IPO opens today (March 16) and will close on March 18 (Thursday). The company has...

Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses

Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control...

Runwal Group, Warburg Pincus enter into JV to develop retail mall platform

City-based real estate player Runwal Group and global private equity firm Warburg Pincus have formed a US$ 1 billion joint venture (JV) for a retail mall platform. "Both partners will commit US$ 200 million each in the form of equity...

Kalyan Jewellers to double retail presence to 200 stores, get Rs 500 cr from Warburg Pincus

Jewellery chain Kalyan Jewellers on Monday announced an investment of Rs 500 crore in the company by an affiliate of private equity firm Warburg Pincus. In a statement issued here, Kalyan Jewellers said an affiliate of Warburg Pincus, a global...

PVR aims to acquire 100 more screens in 2017

Multiplex chain operator PVR, which acquired DT Cinemas last year, is scouting for more acquisition opportunities as it plans to add over 100 more screens by the end of next fiscal. "We are always looking out for more inorganic opportunities...

TPG Growth to invest in consumer Internet start-ups

TPG Growth is planning to invest in Indian consumer Internet start-ups. TPG Growth was the early backer of ride-sharing app Uber and home rental service Airbnb. The company will also partner with venture capital funds to invest in these...

Bijou Kurien to join jury in global retail competition

Bijou Kurien, president and CEO of Reliance Lifestyle, to join the prestigious line up of leading retail industry figures responsible for selecting the winners of the Oracle World Retail Awards in 2010. Retail businesses now have just two weeks...
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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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