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Page Industries Q2 profit falls 7.3 pc to Rs 150 crore; revenue declines 8.4 pc to Rs 1,125 crore

Page Industries' expenses in the September quarter were at Rs 927.42 crore, down 8.92 per centNew Delhi: Apparel manufacturer Page Industries Ltd on Thursday reported a decline of 7.3 per cent in its net profit at Rs 150.27 crore...

Swiss-Asia Holding exits ABFRL, sells entire stake for Rs 207 crore

Swiss-Asia through its affiliate Griffin Growth Fund VCC sold the shares of ABFRL on the NSENew Delhi: Financial services company Swiss-Asia Holding Pte on Wednesday offloaded its entire 1.03 per cent stake in Aditya Birla Fashion and Retail Ltd...

G20 nations commit to promote faster, transparent cross-border payments

The leaders committed to achieving global targets for faster, cheaper, more transparent and inclusive cross-border payments by 2027 and welcome the initiatives undertaken by international organisations in this directionNew Delhi: The G20 nations on Saturday resolved to promote faster,...

Aditya Birla Fashion to raise Rs 750 crore

The company will raise funds on a private placement basisNew Delhi: Aditya Birla Fashion and Retail plans to raise Rs 750 crore on or after September 4 through debt bonds, the company said on Thursday.The company will raise funds...

Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trustNew Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

Karnataka tops direct selling market in south with sales of Rs 1,128 crore: IDSA

Providing self-employment to 78,000 entrepreneurs in Karnataka, including 34,000 women, the direct selling business in the State posted a sales increase of Rs 94 crore in 2021-22Bengaluru: Karnataka, with sales of Rs 1,128 crore, has topped the direct selling...

PwC India, Zoho announce partnership to enhance digital transformation

PwC India and Zoho will focus on providing bespoke transformation solutions, such as customer experience platform, custom applications, HR tech, and financial management applications for medium-to-large enterprisesNew Delhi: Chennai-headquartered technology company Zoho on Wednesday announced a partnership with PwC...

Tech icon of the week: Sandeep Jabbal, Shoppers Stop

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Sandeep Jabbal, Chief Digital Transformation and IT Officer, Shoppers Stop, this weekNew Delhi: Today’s CIO must know how to leverage technology to create value for the business....

Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity

The funding will be utilised to expand French Crown’s international presence Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...

Drools raises $60 million from L Catterton

Drools, which makes food for cats and dogs, has almost quadrupled its revenue over the past three years by building an omnichannel pan-India pet food businessMumbai: Drools Pet Food on Tuesday said it has received funding of around $60...
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Ayurvedic brand SoulTree enters Mumbai

Spanning over 195 sq. ft. of retail area, the stand-alone store is located at the airport area, JuhuBengaluru: Ayurvedic...
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