Aditya Birla Fashion Retail Ltd (ABFRL) has completed the acquisition of a 51 per cent stake in TCNS Clothing to become a promoter of the women’s apparel brand. “The company has acquired 51 per cent of the expanded share capital of TCNS, thereby acquiring control over TCNS,” ABFRL said in a late night regulatory filing…
New Delhi: India‘s export of cut and polished diamonds is projected to decline by 22 per cent to USD 17.2 billion in the current fiscal due to weakened demand from the key consuming nations, according to rating agency Icra. In the first five months of the current fiscal, cut and polished diamond exports witnessed a…
New Delhi: Japanese global fashion giant Uniqlo, on Tuesday, has announced Katrina Kaif as its first Indian brand ambassador. This announcement marks a moment in Indian representation on the global stage, the company said in a media release. On this association, Kaif stated, “I have always been fascinated with Japanese culture and their design aesthetics….
This Durga Puja, Srijit Mukherji is all set to make a grand comeback to his favourite thriller genre. The highly anticipated trailer of his latest thriller, ‘Dawshom Awbotaar’, has taken the internet by storm. Featuring Prosenjit Chatterjee, known for his iconic role in ‘Baishe Srabon’ as Probir Roychowdhury, and Anirban Bhattacharya, who portrayed Bijoy Podder…
KOCHI: The Enforcement Directorate (ED) is conducting simultaneous raids at multiple locations in Kerala in connection with the investigation into the now-banned Popular Front of India (PFI) under the Prevention of Money Laundering Act (PMLA). The raids are going on in at least four districts including Ernakulam, Malappuram, Wayanad and Thrissur.The raids, which began on…
Spanish luxury porcelain brand Lladro, which has opened its second biggest store in the world in Delhi, plans to ramp up investment in India as it believes in the “future evolution” of the market, said its global chief executive officer, Ana Rodriguez. India accounts for 11% of Lladro’s global sales. The company generates 69% of…
Gold prices surged to Rs 60,000 per 10 grams in March from Rs 55,300 per 10 grams in January following the American banking crisis. Consumers might be buying less gold amid record-high prices, but top retail chains are seeing a surge in jewellery purchased through deferred or monthly payment schemes. Some of the big jewellery…
NEW DELHI: Rahul Gandhi on Sunday asserted that Congress will win in Chhattisgarh, Madhya Pradesh and Telangana, and has a strong chance of returning to office in Rajasthan, even as he claimed that the cohesion in the opposition INDIA bloc was unprecedented and seat-sharing was pending in just some small states. He said the “BJP…
MUMBAI: The majority of the country’s sickest patients may no longer benefit from carbapenem, an antibiotic that effectively treated pneumonia and septicemia until a decade back, according to the latest Indian Council of Medical Research (ICMR) study on antimicrobial resistance.The study, released on Friday, found that abuse of antimicrobials — be they antibiotics, antivirals or…
Representative Image Coimbatore: Textile and clothing sectors must have a holistic approach with a long-term vision to seize the opportunity in the global market, industry officials said on Saturday. Textiles and clothing industries are the second largest employment provider after agriculture generating Rs 30,000 crore as Goods and Services Tax revenue and USD 44 billion…
