Reliance Retail Ventures Ltd. (RRVL) has signed a joint venture with Alia Bhatt‘s clothing brand of kids and maternity wear, Ed-a-Mamma for a 51% majority stake. ET was the first to report on July 17 on the possible acquisition. Launched in 2020, Bhatt has extended the kids brand into teenage and maternity wear segments as…
Mithun Sacheti, MD and CEO, Caratlane “There is a long runway in this. That long runway that we are going to see is what excites everybody who wants to play this category. So we have great governance, we are fast growing, we are profitable and profits are growing faster,” says Mithun Sacheti, MD & CEO,…
Representative image US President Joe Biden’s attendance at the G20 Summit has raised hopes of the Indian diamond trade for a better deal as the US has slashed imports of cut and polished diamonds from India by almost 50% amid apprehensions that many of these stones might have indirectly come from Russia. The US has…
Representative Image MUMBAI/NEW DELHI: Clothing and lifestyle retailers and shopping malls have seen a sharp recovery in sales across pricepoints in the past few weeks during Raksha Bandhan and Onam, raising hopes of strong demand this festive season even though mass segments in electronics and auto stay under pressure. Retailers said the recent sales trend…
NEW DELHI: The Navy may soon allow officers and sailors to wear specified traditional Indian attire in messes, wardrooms and institutes. Apart from operational issues and combat readiness, the ongoing naval commanders’ conference is considering a “national civil dress for messes and functions” as an option for its personnel.The options for the “national civil dress”…
BENGALURU: Isro on Tuesday released an anaglyph — a simple visualisation of an object or terrain in three dimensions (3D) from stereo or multi-view images — showing Chandrayaan-3 lander Vikram on the lunar surface. Red and cyan glasses needed to view 3D effect: IsroThe anaglyph released by Isro was created using the navigation camera stereo…
Virat Kohli never misses a chance to engage with his fans at venues across the world. On Monday, Pallekele witnessed the same when Kohli delighted the crowd by dancing to the tune of famous Nepalese song during the rain-hit India vs Nepal Group A match in the Asia Cup. India got the much-needed 10-wicket win…
NEW DELHI: The Supreme Court on Monday said that National Conference leader Mohammad Akbar Lone, who had chanted pro-Pakistan slogan in the Jammu & Kashmir assembly in 2018, should file an affidavit within a day stating that he will “abide by the Constitution of India, accept the sovereignty of India and undertake that J&K is…
NEW DELHI: Chandrayaan-3‘s Vikram lander has soft-landed on Moon, once again, the Indian Space Research Organisation (Isro) said on Monday.The lander exceeded its mission objectives and successfully underwent a hop experiment, according to a post by the space agency on X (formerly Twitter).Describing the softlanding, Isro said, “On command, it fired the engines, elevated itself…
Mumbai: Lenders to the debt-laden textile company Sumeet Industries are in negotiations with the Gujarat-based Gajera Group to improve its offer after its initial bid to take over the company was bettered by Geelon Industries, three people familiar with the matter said. Banks are seeking more than ₹250 crore for the company in an all-cash…
