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Future Enterprises invite bids for insurance business, apparel manufacturing unit

The company, a flagship firm of Kishore Biyani-led Future Group, is going through the Corporate Insolvency Resolution Process (CIRP)New Delhi: The resolution professional of debt-ridden Future Enterprises Ltd (FEL) has invited expression of interest (EOI) for the company's assets,...

Omaxe Chowk gets occupancy certificate, parking lot trail completed

With the completion of the Omaxe Chowk parking lot trial run at Chandni Chowk by MCD, the possession process of the mall will commence soon after it receives the go-ahead New Delhi: Retail space Omaxe Chowk at New Delhi’s iconic high...

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 filingNew 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 RRVLNew 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 DelhiWashington: 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 filingNew 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 segmentNew 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...
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Latest News

Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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