Anant Tanted, founder & CEO, The Indian Garage Co. TMRW, an ecommerce rollup venture owned by the Aditya Birla Group, has invested Rs 155 crore in menswear brand The Indian Garage Co (TIGC), it said in a statement on Wednesday. The Indian Garage Co, founded in 2012, chalked up Rs 300 crore in revenue in…
NEW DELHI: The Enforcement Directorate (ED) has summoned Rajasthan chief minister Ashok Gehlot’s son Vaibhav Gehlot for questioning on October 27 in Jaipur.The ED has reportedly called Vaibhav to appear before it in the Foreign Exchange Management Act (FEMA) case.Ashok Gehlot informed about the development on social media platform X. More details awaited Source link
NEW DELHI: From Prime Minister Narendra Modi publicly acknowledging India’s effort to host the 2036 Olympic Games to cricket making its return to the biggest stage of multi-sport events after a wait of 128 years, the 141st IOC (International Olympic Committee) Session held in Mumbai ended with a bat-and-ball story that now offers the cricket-mad…
Representative image. Over century-old noted jewellery retailer Vummidi Bangaru Jewellers has forayed into the United States market with the launch of a new store in Dallas, the company said on Wednesday. Over the next three years, the company has planned to strengthen its presence with three more stores in the US and eight in Tamil…
Kolkata: Gold is shining brighter this festive season even as battle rages in Gaza, threatening to spill over West Asian borders. Despite prices of the yellow metal moving up by 5.5% since outbreak of the Israel-Palestine conflict, sales have surged by up to 30% during Dussehra-Navratri from the year earlier, said leading jewellers such as…
Surging demand for fitness wear and sports equipment for disciplines other than cricket and football helped Decathlon‘s India unit expand sales 37% to Rs 3,955 crore in FY23. With more than 100 large, warehouse-like stores selling products catering to 85 sporting disciplines, the French company is bigger than Adidas, Nike and Asics all put together…
New Delhi: Sports performance brand ASICS India‘s profit increased 37.74 per cent to Rs 55.11 crore for FY23, and its revenue from sales grew 35.85 per cent to Rs 340.85 crore, according to data accessed by business intelligence platform Tofler. For FY22, it had reported a profit of Rs 40 crore, while its sales revenue…
NEW DELHI: Star India opener Shubman Gill on Wednesday closed in on world no.1 ODI batsman Babar Azam in the latest rankings released by the ICC, narrowing the gap to a mere 6 points.Pakistan skipper Babar, who has a total of 829 rating points is closely followed by Gill with 823 points.While Babar has had…
Representative image Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund. It did not disclose the valuation at which it raised the funds. The Mumbai-headquartered firm, which sells…
Representative image. Hair colours such as deep wine, caramel brown, burgundy, and beige are growing faster than long-time favourites black and dark brown as young Indians – buoyed by influential hairdressers and Instagram videos – go blondes and brunettes like never before. “Fashion couture has come to hair couture,” said Shama Dalal, head of marketing…
