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PC Jeweller gets loan recall notices from four banks

SBI has initiated recovery proceedings against the company and the matter is now pending before the Debt Recovery Appellate Tribunal (DRAT)New Delhi: PC Jeweller Ltd on Tuesday said four banks namely IDBI Bank, Indian Bank, Bank of India and...

Suguna Foods Plans to become a Rs 10,000 crore Company by 2017

Coimbatore-based Suguna Foods has embarked upon huge expansions in all its verticals (including feed mill, retail and ready-to-cook business) and is hoping to become a Rs 10,000 crore company by 2017. This was announced by Suguna Foods Managing Director...

SRS Ltd to launch Rs 225 cr IPO next month

Faridabad-based SRS Ltd, which has interests in cinema exhibition, retail and food courts, said it will launch an initial public offer to raise up to Rs 225 crore by next month. The company will issue around 3.5 crore equity...

MoneyGram to expand in small towns — setting up Red Shops

MoneyGram, the inward remittance company has major expansion plans to extend its services in tier II and III cities.As a part of its branding exercise, the company will set up its flagship outlets called Red Shops.“Our tie-up with Indian...

IDBI eyeing retail broking

Eyeing opportunities in the untapped retail broking business, IDBI Capital Market Services proposes to capture this segment through 5,000-plus bank branches and online trading platform.To support its online trading portal ‘IDBIpaisabuilder’, the bank has tied up with 5,004 CBS...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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