NEW DELHI: As the Indian cricket team prepares for their opening match against Pakistan in the Asia Cup on September 2, one of the pivotal questions remains over the batting slot for left-handed wicketkeeper-batter Ishan Kishan. With KL Rahul unavailable for the first two games of the tournament, Kishan is set to step into the…
Johannesburg: South African retailer Woolworths said on Wednesday it planned to spend 10 billion rand ($538 million) in capital expenditure over the next three years as it seeks to strengthen margins. The capex will be aimed at capacity enhancement and improved customer experience, the food and fashion retailer’s Head of Finance Zaid Manjra told analysts….
More than a dozen luxury consumer goods brands are entering the country ahead of the festive season, as they look to attract consumers in a market riding on the growing affluence of Indians with higher incomes, spurring greater discretionary spending even in small towns. The trend is being driven by increased exposure to global trends,…
NEW DELHI: The Directorate General of Civil Aviation (DGCA) is doing a “deep dive” on the twin in-flight shutdowns experienced by Pratt & Whitney (PW) engines on two IndiGo Airbus A321 aircraft while operating domestic flights on Tuesday. Now these two aircraft are also grounded, joining the about 40 IndiGo already cooling their heals for…
New Delhi: Revenue of the home textile industry is set to rise 7-9 per cent this fiscal after a 15 per cent fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad, according to a Crisil report. The operating profitability will…
Representative image India has asked the United States to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with sanctioned Russian diamond major Alrosa, three Indian sources told Reuters. The Office of Foreign Assets Control (OFAC), the U.S. Treasury unit that oversees sanctions, froze the funds…
AGRA/BAREILLY: In a corner of the brick-and-mud house with chipping balustrade that Mohit Yadav called his home in Mainpuri’s Nagla Khushali village, there is a small wooden shrine before which he prayed every morning. Towards the end, as Mohit hurtled to his death, unable to deal with his joblessness after UPSRTC terminated his contract as…
MUMBAI: A coordination committee of the opposition INDIA bloc is set to be announced at the alliance’s meeting that will be held in Mumbai on August 31 and September 1, said Shiv Sena (UBT) members. The committee is likely to have prominent members from across the parties which are part of the alliance, and it…
Nissan Joseph, CEO, Metro Brands, says “the fortunate thing we have is in India the population and the growth is so much that it is really not a zero sum game where I can’t grow as competition opens up. It really is an end game where we can all grow. It is a matter of…
The National Company Law Tribunal Tuesday granted State Bank of India time till September 18 to file a rejoinder in response to the voluminous reply filed by PC Jeweller Ltd. The counsel for the public sector bank had sought time from the principal bench of the tribunal, comprising of the president Justice (retd) Ramalingam Sudhakar…
