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Family to sell minority stake in SKNL

Nitin Kasliwal and his family, owners of apparel and fabric maker S Kumars Nationwide Ltd (SKNL), will sell a minority stake between 10% and 12% in their family holding company Anjaneya Holdings Ltd, along with a part of their...

Debenhams leads retailers into bout of bid speculation

Bid theories helped lift retailers as the FTSE 100 pushed higher for the seventh time in eight days.The sector found demand after Société Générale tipped Debenhams as a potential private equity target.Debenhams' 12 per cent free cashflow yield and...

Asda poised to accelerate small format store openings

Asda plans to open 100 smaller format stores in the next three to five years, according to analysts at JPMorgan.In a note published yesterday, JPMorgan said Asda set out the plans at a supplier conference last week.The UK's second-biggest...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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