Representative image India matters, and all over the world, luxury brands are looking at India, says Bénédicte Epinay, CEO of Comité Colbert, the official luxury association of France that represents 93 luxury brands and behemoths such as LVMH, Chanel and Kering. “Is India the next promising market? There are obstacles such as custom duties and…
The country’s largest bank, the State Bank of India, has taken possession of two residential properties owned by PC Jeweller Ltd. in New Delhi after the firm and its guarantors failed to repay Rs 1,168.90 crore. In a notification, the lender cautioned the public not to deal with the property and that any dealings with…
New Delhi: Foot Locker, the New York-based specialty athletic retailer, on Wednesday, has announced the signing of a long-term licensing agreement with Metro Brands Limited (MBL), a footwear and accessories specialty retailer, and Nykaa Fashion, a cosmetics-to-fashion retailer, according to a media release. Under the terms of the agreements, MBL is granted exclusive rights to…
Tata Advanced Systems Ltd (TASL) has established a facility in Bengaluru to manufacture high-resolution imagery satellites for the armed forces. This move is aimed at enhancing surveillance capabilities in border areas – a big bet on the military space sector. According to an ET report, the facility will produce sub-metre resolution satellites and will include…
As European capitals prepare to implement long-awaited sanctions on Russia‘s diamond exports, Belgian traders are bracing for new scrutiny of their industry. In Antwerp’s renowned diamond district — which handles an estimated 86 percent of the world’s rough diamonds — polishing “labs” are turning to blockchain technology to prove their gemstones come from legitimate mines…
NEW DELHI: The Centre on Tuesday informed the Supreme Court that it intends to extend Delhi chief secretary Naresh Kumar’s tenure by six months and as and when the occasion for a new chief secretary’s appointment would arise, a panel of five senior IAS officers would be given to the Delhi chief minister to choose…
NEW DELHI: The Congress on Tuesday urged the Election Commission to take action against Prime Minister Narendra Modi for his “moorkhon ka sardar” and home minister Amit Shah for “Rahu-Ketu” remarks allegedly made during poll campaigns.A delegation of Congress leaders met top officials of the Election Commission including chief election commissioner and demanded that it…
Gautam Singhania, Managing Director Raymond Institutional Investor Advisory Services (IIAS), an Indian proxy advisory firm, on Tuesday urged the independent directors of textile company Raymond Ltd to launch an investigation into the allegations of assault against its managing director. According to local media reports, Nawaz Modi Singhania – the wife of Managing Director Gautam Singhania…
NEW DELHI: As a set Virat Kohli chopped-on a Pat Cummins delivery in the World Cup Final in Ahmedabad at a crucial juncture of the game, a near 1,00,000 fans at Narendra Modi Stadium went into pin-drop silence mode.Recalling the moment, the Aussie skipper Cummins said at that time, the world’s largest cricket stadium gave…
Mohit Jain, Founder & CEO Miraggio New Delhi: Fashion accessories brand Miraggio has raised Rs 10 crore in a pre-series A round, the company said in a press release on Tuesday. With this investment, the company plans to take Miraggio to new heights, read the release. “This investment paves the way for a future where…
