Neso Brands, an ecommerce brand roll-up subsidiary of eyewear firm Lenskart, said it has invested $4 million in Paris-based omnichannel eyewear brand Le Petit Lunetier. In a statement, Neso Brands said it has acquired a ‘significant stake’ in the French brand but did not detail the size of the stake. Sources aware of Lenskart’s plans…
CHANDIGARH: The SIT probing the Nuh violence on Tuesday arrested Mohit Yadav aka Monu Manesar from Haryana’s Nuh. ADGP law and order Mamta Singh confirmed the arrest. Notably, Monu is a notorious cow vigilante who is also wanted by Rajasthan police in a double murder case registered at Bharatpur.“To our information, he is the one…
New Delhi: The Delhi High Court has set aside Union Bank of India‘s decision declaring PP Jewellers (Export) as a ‘wilful defaulter‘, accepting the city-based jewellery exporter’s argument that the bank’s review committee made the decision without hearing the company. The High Court in its recent order granted time to the company to put forth…
NEW DELHI: India will get its first spanking new C-295 tactical military airlift plane on Wednesday, with Indian Air Force chief Air Chief Marshal VR Chaudhari now in Spain to receive the delivery, under the mega Rs 21,935 crore Tata-Airbus project for 56 such planes inked two years ago.The formal induction ceremony of the twin-turboprop…
Representative Image The government’s proposal to impose a 20% tax on expenditures made abroad under the Liberalised Remittance Scheme, in case of amounts exceeding ₹7 lakh in a financial year from October 1, is likely to push the sale of luxury brands in India, experts said. Covid had helped boost demand for luxury brands in…
The textile division of Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over the next couple of years, a senior official of the company said. It also hopes for a surge in demand for textile products in the upcoming festive season. “We are optimistic…
NEW DELHI: In a big endorsement for India’s rising global stature, African Union chairperson Azali Assoumani on Sunday said the country is a “superpower” which is now “ahead of China”.“India is the 5th superpower in the world so there is enough room for India in Africa. We also know that India is so powerful that…
Threat of a washout looms over Super 4 clash against PakistanAfter numerous statements by current and former board chiefs and players, a plethora of social media posts, sarcasm-dipped icy barbs about floodlight failure in Lahore and tireless discussion over rainy Colombo as a choice of venue for a marquee event like the Asia Cup, the…
NEW DELHI: Australian cricketer David Warner made headlines on Saturday as he achieved a remarkable milestone when he scored his 20th ODI hundred against South Africa at Mangaung Oval, Bloemfontein. With this century, Warner now holds the record for the most international hundreds by an opening batter in world cricket. This achievement surpasses the legendary…
NEW DELHI: Former South Africa great AB de Villiers reckons that India have bolstered a strong squad but the pressure of a home World Cup is the only obstacle that might come into play.“I think India’s squad is incredible, really, really strong. Captain Rohit, Hardik Panday [is the] vice-captain,” de Villiers said. “The only worry…
