NEW DELHI: Asia’s richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd.The 66-year-old elevated his three children as non-executive directors to Reliance’s board and said he will spend the next five years of his chairmanship preparing them to take charge of the conglomerate’s transformation into…
Taneira, the women’s ethnic wear brand from Titan, the TATA group company, is planning to become a Rs 1,000 crore brand by FY 2027. It also aims to take the total store count to more than 200 by FY 2027, Ambuj Narayan, CEO, Taneira told ETRetail. Launched in 2017, Taneira currently boasts of 50 stores…
NEW DELHI: An IndiGo flight operating from Madurai to Mumbai, 6E 2012, on Tuesday suffered an engine snag and then landed safely at its destination. The Airbus A321 (VT-IUJ) saw one of its Pratt & Whitney (PW) engines shut down in-flight. Since twin engine aircraft can land safely on one engine, one did so in…
Sivaramakrishnan Ganapathi, vice chairman & MD, Gokaldas Exports The Bengaluru-headquartered Gokaldas Exports on Monday announced that it has, through its wholly owned subsidiaries, entered into an agreement to acquire Atraco Group (Atraco), a Dubai-based manufacturer of apparel with a strong market position and customer relationships across the US and Europe. The equity value of the…
NEW DELHI: The Supreme Court on Monday disposed of a plea filed against demolition drive near Krishna Janmabhoomi in Mathura to remove alleged encroachment on government land and refused to grant any protection to those removed from the land and asked them to raise their grievances before lower court where the suit is pending. Petitioner…
NEW DELHI: Prime Minister Narendra Modi discussed bilateral ties including space cooperation, the expansion of the Brics group and the upcoming G20 summit in New Delhi with Russian President Vladimir Putin by phone, the PMO said in a statement on Monday.A release by the Kremlin added that Putin and PM Modi expressed mutual desire to…
Ahead of the festive season, Titan Company Limited launched 12 offline retail stores of Titan World and Helios across Delhi and NCR with an investment of Rs 15 crore. With this launch, the company’s store count across India for Titan World stands at 640+ and for Helios at 200+. “The marathon store opening in Delhi…
NEW DELHI: India star spinner Yuzvendra Chahal‘s exclusion from India’s Asia Cup 2023 squad raised quite a few eyebrows. The question – why Kuldeep over Chahal? – started doing the rounds of social media after the latter’s exclusion from the continental event.Once India’s go-to bowler, there is now a big question mark over Chahal’s inclusion…
BENGALURU: Karnataka could be staring at a farm labour crisis, with Congress’s poll freebies being blamed for a section of the skilled workforce opting for a life on the dole or raising new demands like an increase in minimum wages, additional benefits and reduced working hours.Coffee plantations, which employ 5 lakh-odd out of the 30…
Gap Inc.’s latest turnaround plan looks awfully familiar so far. To shake itself from a funk that has lasted 20 years, the retailer has routinely pinned its hopes on chief executive officers who promised fresh ideas. There was someone from Disney and then a drugstore retailer. One had a consulting background and another knew supply…
