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RBI Governor warns startups against deep discounting

Governor, Reserve Bank of India, Raghuram Rajan has eased the concerns about cash burn in the thriving e-commerce industry. He made it clear that generating revenues through heavy discount is not a feasible business model for the startups. "If the...

Crabtree & Evelyn file for bankruptcy

Crabtree & Evelyn, Ltd has filed for bankruptcy under under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The company listed assets and liabilities as between $10...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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