Finance
Spotlight
Family offices increasingly investing in startups, diversifying portfolios: PwC India report
PTI -
Currently, there are over 300 family offices in India, as against 45 such offices in 2018New Delhi: Family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher returns as they are shifting from traditional investments, a...
Latest News
Page Industries Q2 profit falls 7.3 pc to Rs 150 crore; revenue declines 8.4 pc to Rs 1,125 crore
PTI -
Page Industries' expenses in the September quarter were at Rs 927.42 crore, down 8.92 per centNew Delhi: Apparel manufacturer Page Industries Ltd on Thursday reported a decline of 7.3 per cent in its net profit at Rs 150.27 crore...
Financial & Equity Services
Swiss-Asia Holding exits ABFRL, sells entire stake for Rs 207 crore
PTI -
Swiss-Asia through its affiliate Griffin Growth Fund VCC sold the shares of ABFRL on the NSENew Delhi: Financial services company Swiss-Asia Holding Pte on Wednesday offloaded its entire 1.03 per cent stake in Aditya Birla Fashion and Retail Ltd...
Payments
G20 nations commit to promote faster, transparent cross-border payments
PTI -
The leaders committed to achieving global targets for faster, cheaper, more transparent and inclusive cross-border payments by 2027 and welcome the initiatives undertaken by international organisations in this directionNew Delhi: The G20 nations on Saturday resolved to promote faster,...
Finance & Funding
Aditya Birla Fashion to raise Rs 750 crore
PTI -
The company will raise funds on a private placement basisNew Delhi: Aditya Birla Fashion and Retail plans to raise Rs 750 crore on or after September 4 through debt bonds, the company said on Thursday.The company will raise funds...
In Focus
Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore
Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trustNew Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...
Latest News
Karnataka tops direct selling market in south with sales of Rs 1,128 crore: IDSA
PTI -
Providing self-employment to 78,000 entrepreneurs in Karnataka, including 34,000 women, the direct selling business in the State posted a sales increase of Rs 94 crore in 2021-22Bengaluru: Karnataka, with sales of Rs 1,128 crore, has topped the direct selling...
E-Commerce
PwC India, Zoho announce partnership to enhance digital transformation
PTI -
PwC India and Zoho will focus on providing bespoke transformation solutions, such as customer experience platform, custom applications, HR tech, and financial management applications for medium-to-large enterprisesNew Delhi: Chennai-headquartered technology company Zoho on Wednesday announced a partnership with PwC...
People
Tech icon of the week: Sandeep Jabbal, Shoppers Stop
IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Sandeep Jabbal, Chief Digital Transformation and IT Officer, Shoppers Stop, this weekNew Delhi: Today’s CIO must know how to leverage technology to create value for the business....
Finance & Funding
Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity
The funding will be utilised to expand French Crown’s international presence
Bengaluru:Â Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...
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Latest News
Ice cream boutique Gold by ICW opens new outlet in Juhu
The boutique features its signature creations such as the 24K gold leaf ice cream, artisanal sorbets, and sundaesBengaluru: Luxury...
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