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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...

Eveready set to acquire 80 pc in French co Uniross

Eveready Industries India Ltd is set to acquire 80 per cent stake in Uniross SA, a French company engaged in the manufacture and distribution of rechargeable batteries and allied products. “This will be Eveready’s first overseas acquisition,” Deepak Khaitan,...

Retail stocks remain bear as Sensex goes red

Retail stocks continued to plunge on Tuesday as the Sensex dipped, losing 17 points, to close the day at 11783.The benchmark index of the Bombay Stock Exchange, the Sensex, after rising by over 379 points in the early session...

Tap rural markets — a strategy for the bottom of pyramid

“Tap rural markets,” exhorted MS Sundara Rajan, chairman and managing director, Indian Bank, while inaugurating a two-day seminar on ‘Strategies for the bottom of the pyramid’, organised by Madras Management Association.Rajan stressed on the need for innovative schemes to...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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