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Shoppers Stop shuts 3 Crossword stores

K Raheja Corp promoted retail major Shoppers Stop has shut three stores of its book retail format Crossword. The stores were located at Mumbai Airport, shop in shop store at Shoppers Stop, Chennai and MGF Saket, New Delhi, informed...

Berger Paints director resigns

In a new development, Dr Isher Judge Ahluwalia has resigned as a director of Berger Paints India Ltd. In a filing t Bombay Stock Exchange, the company has said that the resignation Ahluwalia has been in effect from February...

Hanung Toys appoints new director

Hanung Toys & Textiles has appointed Chander Sekher Batra as an additional director on the board of the company.Batra is chartered accountant by profession. The decision to appoint Batra was taken by the board of directors of the company...

12 promoters pledge 19 pc stake in Pantaloon Retail

Future Group firm Pantaloon Retail has said that 12 of its promoters, including managing director Kishore Biyani, have pledged 3.10 crore shares representing a 19.49 per cent stake in the firm.In a disclosure to the Bombay Stock Exchange, Pantaloon...

Vishal Retail opens 2 new stores in last week

Diversified retail player Vishal Retail has opened two new stores in the last week. The first store opened at Saharanpur area in Uttar Pradesh is spread across 3,000 square feet while the second store at Ganganager area in Rajasthan...

Godrej reconstitutes its board of directors

Godrej Consumer Products Ltd, a major player in the Indian FMCG market with products in personal, hair, household and fabric care segments, has announced Adi Godrej, currently chairman and managing director of the company, as the chairman of the...

Gitanjali Gems forms JV with MMTC

With reference to the earlier announcement related to signing of memorandum of understanding with MMTC Ltd (MMTC), one of country’s leading international trading company, Gitanjali Gems Ltd has announced that it has executed a tripartite share purchase agreement with...

Koutons Retail announces Q3 results

Apparel and accessories retail player Koutons Retail has witnessed a 9 per cent growth in its profit after tax (PAT) in the third quarter of the current fiscal compared to the corresponding period of last fiscal. The company reported...

Century Textiles cuts output

An adverse market scenario coupled with poor demand has forced Century Textiles & Industries to halve production in its Madhya Pradesh facility, stated the company in a disclosure to Bombay Stock Exchange. However the company indicated that this is...

Trent reopens Westside store at Infiniti Mall, Mumbai

Trent Ltd, which operates Westside store, Star Bazaar and Fashion Yatra store, has reopened its Westside store at Infiniti Mall in Andheri, Mumbai. With effect from October 6, 2008, the company had temporarily closed down the store due to...
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Home Appliances: The Made in India Advantage

How local manufacturers are redefining home appliances for Indian ConsumersThe home appliance sector in India has witnessed rapid expansion...
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