Ratan Tata
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
Retail
Lenskart to setup 20 stores per month in tier I, II cities, launches Lenskart Lite
Leading online eyewear firm Lenskart is eyeing major expansion in tier I and II cities across the country and setting up 20 brick-and-mortar stores per month to strengthen itself in such markets.
Lenskart, which gets a significant portion of its revenues from offline...
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Tata Sons rejigs management team, three quit
IANS -
Even as the hunt is on for a new chairman following the ouster of Cyrus Mistry, Tata Sons on Friday announced major changes in their organisational structure, including the resignation of three top executives.
"Nirmalya Kumar, N.S. Rajan and Madhu...
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Mistry's exit a blip in Tata's long, illustrious history
IANS -
The Tata group is no stranger to Indians. It has had a long and illustrious history in the sub-continent and has been one of the pillars of the country's industrial success post-independence.
Well known for the development of towns and...
Retail
Post-Mistry, Ratan Tata hints at changes in Tata Group
IANS -
Tata Sons Interim Chairman Ratan N Tata, hinting at possible changes in the group companies, on Tuesday urged them to "act as leaders in their respective markets and enhance returns to shareholders".
"The companies must focus on their market position...
Food
Food tech start-up Idea Chakki raises funds from Ratan Tata
Food tech start-up Idea Chakki Pvt. Ltd has raised an undisclosed amount of funds from Tata Sons Ltd’s chairman emeritus Ratan Tata.
The Delhi-based start-up, which provides digital video menu for restaurants and allows customers to gift food and beverage...
Fashion & Lifestyle
Funding India's sunrise sector, fashion retail
Fashion Forward
Fashion in one of the fastest growing sectors in India and it's no surprise then that it has been generating a lot of investor interest over the last few years. 2015 was a great year for Indian fashion businesses as...
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Lenskart Solutions gets funding from Ratan Tata
Lenskart Solutions Pvt Ltd, the online retailer of eyeglasses, sunglasses, contact lenses and eyewear accessories, has got funding from Ratan Tata during latest fund-raising initiative. The firm is expecting to raise about Rs 400 crore.
The latest round of fundraising...
Food
Ratan Tata likes how Teabox is disrupting the industry
Kaushal Dugar, Founder & CEO at Teabox, speaks to Progressive Grocer about how his Siliguri-based online start-up is turning the traditional tea-retailing model on its head through vertical integration of sourcing, branding and distribution of teas. Here are excerpts...
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Tata invests in Bengaluru start-up, Snapbizz
Ratan Tata is on a start-up funding binge and how. In 2016 alone, the industry doyen has invested in eight start-ups, the eighth being Bengaluru-based Snapbizz Cloudtech Pvt Ltd.
SnapBizz announced on Sunday that it had raised an undisclosed round...
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Blur India: Scaling clean beauty to new heights
The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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