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Family to sell minority stake in SKNL

Nitin Kasliwal and his family, owners of apparel and fabric maker S Kumars Nationwide Ltd (SKNL), will sell a minority stake between 10% and 12% in their family holding company Anjaneya Holdings Ltd, along with a part of their...

Debenhams leads retailers into bout of bid speculation

Bid theories helped lift retailers as the FTSE 100 pushed higher for the seventh time in eight days.The sector found demand after Société Générale tipped Debenhams as a potential private equity target.Debenhams' 12 per cent free cashflow yield and...

Asda poised to accelerate small format store openings

Asda plans to open 100 smaller format stores in the next three to five years, according to analysts at JPMorgan.In a note published yesterday, JPMorgan said Asda set out the plans at a supplier conference last week.The UK's second-biggest...
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How Nuutjob pioneered men’s intimate hygiene category in India

The company started with three products and now it has expanded offerings to over 9 products including one product...
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