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Detergent major Nirma raises Rs 4,000 crore debt to fund Lafarge deal

Detergent major Nirma, which in July had agreed to buy the cement business of the French major Lafarge India, today raised Rs 4,000 crore debt to fund the deal, making it the largest rupee bond sale for a leveraged...

Steel retailing central to Essar’s retail therapy

25 per cent annual growth target may see Essar Retail at $2.6 bn turnover. The $20-billion diversified conglomerate Essar Group is charting out a new retail blueprint for the entire group and expects a 25 per cent annual growth...

Major Brands-Promod JV plans 40 stores in five years

Major Brands (India) Pvt Ltd, the local franchisee for fashion apparel and accessories brands such as Mango, Aldo, Charles & Keith and Nine West, will form a joint venture with French womenswear retailer Promod.This changes the existing franchise agreement...

Himalya International rolls out host of food products

Himalya International, which is claimed to be the first frozen food company in India which processes mushrooms, buffalo cheese and baby potatoes, has rolled-out a host of food products across India.In an exclusive interview, Yash Verma, Head of marketing...
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Aditya Birla Group’s Indriya opens its 11th jewellery store in Surat

The store was inaugurated just 17 weeks after Indriya made its debut. New Delhi: Jewellery retailer Indriya has opened its...
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