Excise ‘scam’: HC denies Kejriwal protection from coercive action in ED case | India News – Times of India

NEW DELHI: The Delhi high court on Thursday refused to grant chief minister Arvind Kejriwal any protection from coercive action in an excise policy-linked money laundering case.A bench of Justices Suresh Kumar Kait and Manoj Jain listed the AAP leader’s application seeking protection for further consideration on April 22 when his main petition challenging the…

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Nike set for rare sales drop with focus on US demand, direct-to-consumer pivot – ET Retail

Nike is projected to post its first quarterly revenue decline in nearly two years on Thursday, turning the spotlight on the slower-than-expected boost from its direct-to-customer (DTC) strategy and sluggish demand in North America. The sportswear giant has invested in selling more through its own sales channels, including stores and online, instead of increasing inventory…

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