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ChrysCapital likely to acquire Mufti for Rs 500 Crore

This deal, estimated to value the company at about Rs 750 crore, will give ChrysCapital a controlling stake

May 26, 2017  |  comments ( 0 )  | 

Metro Shoes posts Rs 13 crore online sales

The company plans to expand product portfolio by introducing accessories as a category with products like belts and shoe-care items

May 26, 2017  |  comments ( 0 )  | 

Shoppers Stop plans creating ‘transformation’ experience in its stores

Besides, Shoppers Stop plans to make itself omni-present by September 2017. For this, the retailer has planned 60 crore to invest in infrastructure, technology and space

May 24, 2017  |  comments ( 0 )  | 

Future Retail posts 17% increase in Q4 profit

According to the company, it had posted a profit of Rs 104.9 crore in the same period a year ago

May 24, 2017  |  comments ( 0 )  | 

ABFRL partners with KVIC to sell Khadi products

Under the partnership, Peter England has agreed for a guaranteed minimum procurement of khadi and khadi products for a period of five years with primary purchases of

May 24, 2017  |  comments ( 0 )  | 

Woodland expects Rs 400 crore export turnover by next two years

Woodland has plans to step into new markets like South Africa and Canada this year

May 22, 2017  |  comments ( 0 )  | 

LG to launch its 'LG Signature' premium brand of products in July

The air purifiers are fitted with specialised filters to clean emission from vehicles and fossil fuels

May 22, 2017  |  comments ( 0 )  | 

Panasonic India teams up with TCS to set up innovation Centre

The centre of excellence will primarily focus on building technological solutions around internet of things and artificial intelligence

May 20, 2017  |  comments ( 0 )  | 

​Ikea to open its second store in Navi Mumbai in January 2019

The Navi Mumbai store will be spread across 4,30,000 square feet and will involve an investment of around Rs 1,000 crore

May 19, 2017  |  comments ( 0 )  | 

PhonePe gives a boost to UPI during Flipkart’s Big 10 sale

Flipkart’s Big 10 sale has helped PhonePe add more users and see a sharp rise in transactions as it offered steep cashbacks of up to 30% for all transactions for the

May 19, 2017  |  comments ( 0 )  | 

Future Group to foray into the international market for fashion and consumer products

The joint venture — KR Future Fashions – will have an investment of Rs 150 crore and will open about 18 exclusive 'fbb' stores in the Middle East in the next few

May 18, 2017  |  comments ( 0 )  | 

Jasper makes Rs.22-crore capital infusion in FreeCharge

Jasper Infotech, which owns and operates digital payments platform FreeCharge, has made a Rs 22-crore capital infusion in the company, its third such investment over the

May 18, 2017  |  comments ( 0 )  | 

Sony India concludes FY16-17 with flat revenue growth

Data accessed from the company's regulatory filing with the Registrar of SCOR Companies reveal that its turnover in FY16 was Rs. 8073.33 crore.

May 17, 2017  |  comments ( 0 )  | 

FLF surpasses Shoppers Stop in annual sales

Future Lifestyle Fashions (FLF) posted 17.5% rise in net sales for fiscal ended March 2017, surpassing department chain Shoppers Stop in annual sales for the first time

May 16, 2017  |  comments ( 0 )  | 

Nikhil Vora sells entire stake of One97 Communications to Alibaba

Former IDFC Securities star equity analyst Nikhil Vora has sold his entire stake in One97 Communications, Paytm's parent company, to Chinese ecommerce giant Alibaba Group

May 16, 2017  |  comments ( 0 )  |