Labdhi Lifestyle, a premium developer from Mumbai has acquired Rajesh Lifespaces’ stressed project at Bandra Kurla Complex (BKC) through an agreement between both the developers and the project’s financiers Mirae Asset and JM Financial. Labdhi Lifestyle will be investing over Rs. 200 crore to develop a mixed-use project, including repayment of debt raised from both […]
India’s gem and jewellery exports witnessed a resurgence in February, supported by a swift recovery of both the Chinese and Middle East markets. In February 2023, the overall gem and jewellery exports witnessed a surge of 24 per cent to Rs 28,832.86 crore as compared to Rs 23,326.8 crore for the same month last year, […]
Hy-Vee, Inc., an U.S. grocery retailer, officially opened its new Global Capabilities Center, Helpful Smiles Technology (HST) Global, in Bangalore on Thursday. The HST Global team will work in conjunction with Hy-Vee’s U.S. technology teams to develop and deliver innovative technology solutions for customers. Hy-Vee is an employee-owned company operating more than 550 retail business […]
The World Platinum Investment Council (WPIC) stated in a quarterly report on Wednesday that a worldwide platinum shortfall in 2023 will be worse than previously anticipated owing to high industrial demand, and that the shortage might last for years. The WPIC predicts that demand for platinum, which is also used in car exhausts and jewellery, […]
Any gold jewellery and artifacts having only a four-digit number Hallmark Unique Identification (HUID) number as a hallmark cannot be sold from 31 March, the Ministry of Consumer Affairs has announced. From 1 April, only those gold jewellery and artifacts with a six-digit alphanumeric number as a hallmark can be sold, Nidhi Khare, additional secretary, […]
Orient Electric last month reported a 9.7 per cent increase in standalone revenue from operations to Rs 678.35 crore during the period under review as against Rs 618.34 crore in the previous year quarter. However, the company’s standalone net profit decreased by 14.5 per cent to Rs. 32.56 crore in December 2022 from Rs. 38.08 […]
Orient Electric Limited, part of the diversified USD 2.4 billion CK Birla Group, has announced the launch of Cloud 3 fan, a first-of-its-kind cooling fan powered by Cloudchill technology. Orient Cloud 3 not only delivers cool air, but cools the space as well, making it a great choice for Indian households given the year-round hot […]
Reliance Retail on Friday announced the opening of the first freestanding Gap store in Mumbai. The launch of this Gap store marks a milestone in the long-term partnership between Reliance Retail and Gap, through which the Indian firm is the official retailer for Gap across all channels in India, according to a statement from Reliance […]
Leading home textiles firm Welspun India has unveiled a modern manufacturing facility for advanced textiles in Chandanvelly, Telangana. The facility has been launched under its subsidiary Welspun Advanced Material India (WAMIL) and was inaugurated by Telangana Minister for Industries & Commerce, Municipal Administration & Urban Development (MA&UD), Information Technology, Electronics and Communications (IT E&C) KT […]
Rashmi Shukla, Business Head, Jaypore, is an enthusiast about product creation and design, particularly in the fashion and apparel industry. Her passion led her into the fashion sector, and Jaypore gave her the opportunity to discover comfortable apparel and traditional crafts. In an exclusive interview with BW Retail World Shukla talked about the brand’s vision, […]
