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Indian Olympic Association signs up Samsonite as Asian Games partner

The members of the Indian contingent will travel to the games with Samsonite's premium suitcases New Delhi: Indian Olympic Association (IOA) has announced the coming on board of travel luggage company Samsonite as partner for the Hangzhou-bound Asian Games contingent in a...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filing New Delhi: The resolution professional (RP) of...

Triumph appoints Ankur Damani as Commercial Director India and Sri Lanka

Damani will spearhead efforts to help the company achieve three-fold growth in the coming years. He will be responsible for overseeing annual revenue and P&L driving Triumph's next chapter of growth in India and Sri Lanka.  Mumbai: Swiss intimate apparel...

METRO completes Rs 2,850 crore deal with Reliance Retail to sell its India Cash & Carry business

The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio to RRVL New Delhi: German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash &...

IndiaMART and four other Indian markets figure in US Notorious Markets list

Other Indian markets in the list are Heera Panna in Mumbai, Kidderpore in Kolkata, Sadar Patrappa Road Market in Bengaluru, and Tank Road in Delhi Washington: IndiaMART, one of the largest Indian e-commerce websites, along with four physical marketplaces in...

Future Lifestyle Fashion debt reduced to Rs 1,827.9 cr; total default at Rs 1,465.7 cr

FLFL's default of Rs 1,465.67 crore "comprised of the persisting default" of Rs 436.01 crore for the September 2022 quarter, the company said in a regulatory filing New Delhi: Debt-ridden Future Lifestyle Fashion Ltd (FLFL) on Monday said its total...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment New Delhi: Reliance Industries is set to acquire German retailer METRO AG’s Cash & Carry business in India in a deal estimated...

Levi’s and Goodwill partner to launch ‘A Care Tag for Our Planet’

Levi Strauss & Co. and Goodwill announced 'A Care Tag for Our Planet', a new initiative that aims to put billions of pounds of unwanted clothing to good use instead of into landfill. Beginning in January 2010, the Levi's...

Indiabulls makes open offer to shareholders

With the acquisition of Piramyd Retail by Indiabulls Wholesale Services, the retail arm of Indiabulls Real Estate, Edelweiss Capital, has made an open offer to the shareholders of Piramyd Retail to buy up to 40,32,750 shares at Rs 74.73...

Costco planning to enter India

Seattle based Costco (Costco Wholesale Corporation), which has a membership warehouse club format, based on the Wal-Mart’s Sam’s and Club and Metro’s Cash & Carry, is eyeing to enter the Indian market. The company is valued over $60 million and...
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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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